Lot 5 Harrington Road Charlton — Photo 1 of 1
$119,900
Investment Analysis — Lot 5 Harrington Road
Charlton, MA 01507
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01507 carries an estimated $1,400/mo in gross rent — about a 9.84% cap rate and $11,797/yr in estimated NOI at the $119,900 list price. Adjust every assumption in the calculator below.
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Discover the perfect setting for your dream home on this beautiful 2+ acre parcel in desirable Charlton, MA. Nestled along a scenic country road, this property offers the ideal balance of privacy, natural beauty, and convenience. Perc testing was completed in May 2022, helping simplify the path toward building your custom home. Enjoy a peaceful setting while remaining just minutes from major routes, Worcester, and approximately an hour from Boston, making it an excellent commuter location. Whether you're envisioning a modern farmhouse, classic Colonial, or private retreat, this property provides the space and flexibility to bring your vision to life. Two lots are available, offering a rare opportunity to choose the homesite that best fits your plans or secure both for added privacy and future possibilities.
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Jared Meehan
Listing Office: RE/MAX Bell Park Realty
MLS® Number: 73556778
