$150,000
●
Land -
Off Market
00 Baker Pond Road
Charlton, MA 01507
Studio
0 Bath
$287,037
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
WATER FRONT LOT ON BAKER POND! A full recreational lake!
Land was recently perc'd and ready for you to build your
dream year-round home or a seasonal camp, you decide! Over an
acre of land to spread out on. Baker Pond is an enhanced Great Pond
of approximately 169 acres, A full recreational lake, kayaks,
electric motors, full motors, pontoon boats, and swimming are all
allowed.
Unit Size
-
Days on Market
-
Land Size
1.38 acres
Price per sqft
-
Property Type
Land
Property Taxes
$207
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (MLSPIN #72098594)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2024 | No longer available | - | |
| No longer available | |||
| Jul 28, 2024 | No longer available | - | |
| No longer available | |||
| Jun 27, 2024 | Listed by William Raveis R.E. & Home Services | $1,300,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
BUILDERS, DEVELOPERS, ENTREPRENEURS.... Prime location with waterfront lots on Baker Pond now available! These lots provide an amazing opportunity to build luxury homes with stunning views, while also providing residents with access to water activities such as boating and fishing! For developers looking to take advantage of this, there are a variety of lots available for sale that offer the potential to create profitable and breathtaking real estate developments and communities! Bring your plans to build executive housing with water access or create a bustling waterfront community. Potential for at least 60 Acres total, with more land possible. Close to MA Pike, Rt.395, the Connecticut border, and the new Amazon warehouse, which anticipates being completed in Summer of 2023, bringing many jobs and relocation buyers! Reach out now for more information
| |||
| Jun 26, 2024 | No longer available | - | |
| No longer available | |||
| Apr 15, 2024 | Listed by William Raveis R.E. & Home Services | $590,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
BUILDERS, DEVELOPERS, ENTREPRENEURS.... Prime location with water views on Baker Pond now available! These lots provide an amazing opportunity to build luxury homes with stunning views, while also providing residents with access to water activities such as boating and fishing! For developers looking to take advantage of this, there are a variety of lots available for sale that offer the potential to create profitable and breathtaking real estate developments and communities! Owners are motivated and willing to work with buyers on finding suitable options, ranging from selling off smaller lots to including more land(family owned nearby) for a larger development in the area! **This portion is 29.72 total acres** Close to MA Pike, Rt.395, the Connecticut border, and the new Amazon warehouse, bringing many jobs and relocation buyers! Reach out now for more information!
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