Lot 3 Clapp Road Hardwick — Photo 1 of 7
$150,000
Investment Analysis — Lot 3 Clapp Road
Hardwick, MA 01037
Based on HUD Small Area Fair Market Rent for Western Worcester County, MA HUD Metro FMR Area, a home in 01037 carries an estimated $1,150/mo in gross rent — about a 6.60% cap rate and $9,903/yr in estimated NOI at the $150,000 list price. Adjust every assumption in the calculator below.
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Enjoy the charm of small town living in beautiful Hardwick, MA. Just minutes from town center on a quiet country road, this 5 acre parcel offers the opportunity to build your private country estate within 35 minutes of Route 2, the Mass.Pike and the Worcester Airport. Seller has septic permit and well permit in-hand. Take the winter to design your dream home for spring construction! Just in time to enjoy all the area has to offer including the Quabbin Reservoir hiking and biking trails, fishing and boating, two golf courses within 15 minutes and the Center at Eagle Hill for your "ticket to the world" through theatre, music and dance. As a resident you'll be proud to be a part of the Hardwick Fair, the oldest annual fair in the US, and a true testament to small town teamwork to keep it going!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
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Park • Walk/Jog Trails • Stable(s) • Golf • Bike Path • Conservation Area
Geography
Listing Agent: Irene Caruso
Listing Office: Michael Toomey & Associates, Inc.
MLS® Number: 73447271
