Lot 3 Washington Rd Brimfield — Photo 1 of 6
$59,900
Investment Analysis — Lot 3 Washington Rd
Brimfield, MA 01010
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a home in 01010 carries an estimated $950/mo in gross rent — about a 12.96% cap rate and $7,765/yr in estimated NOI at the $59,900 list price. Adjust every assumption in the calculator below.
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Priced below assessed value this single building lot would make an affordable way to buy in the country but still be close to area amenities. Quaboag River (See pics)not far away which is stocked by the Fisheries and Wildlife department of MA. There is a plateau area that would make a great homesite with a view of an open field across the road.
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 MLS and other third-party data may be inaccurate or out of date.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
Financials
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Building & Exterior
Property & Lot
Neighborhood
Shopping • Walk/Jog Trails • Golf • Conservation Area • Highway Access • House of Worship
Geography
Listing Agent: Susan Como
Listing Office: Buy Rite Home
MLS® Number: 73450079
