$90,000
●
Land -
Off Market
Lot 1A Berry Corner Road
Charlton, MA 01507
Studio
0 Bath
$100,148
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
NOTE: this lot was sold with another parcel on Southbridge Road;
see MLS #72970808. You don't have to build now.. but you
should BUY now.. because this is an amazing opportunity. You've
stumbled upon a rare gem of a parcel. Much of the work has been
done for you. This lovely lot is already partially cleared and has
luxurious green grass to mow. There are also some full, established
pines that you'll probably want to work around to preserve their
beauty. From the cleared area, there's a very gentle slope down to
the wooded section of the land. If you look at the attached survey,
you'll see that NO wetlands are believed to exist on this lot. This
lot is part of a larger parcel that has been in the same family for
generations. Red dots on aerial photo are for reference only; not
deemed to be accurate.
Unit Size
-
Days on Market
-
Land Size
1.38 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
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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: 4 months ago (MLSPIN #72970807)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2022 | Sold | ||
| Sold | |||
| Apr 23, 2022 | Listed by ERA Key Realty Services- Spenc | $99,000 | |
| Listed by ERA Key Realty Services- Spenc | |||
| | |||
|
NOTE: this lot was sold with another parcel on Southbridge Road; see MLS #72970808. You don't have to build now.. but you should BUY now.. because this is an amazing opportunity. You've stumbled upon a rare gem of a parcel. Much of the work has been done for you. This lovely lot is already partially cleared and has luxurious green grass to mow. There are also some full, established pines that you'll probably want to work around to preserve their beauty. From the cleared area, there's a very gentle slope down to the wooded section of the land. If you look at the attached survey, you'll see that NO wetlands are believed to exist on this lot. This lot is part of a larger parcel that has been in the same family for generations. Red dots on aerial photo are for reference only; not deemed to be accurate.
| |||
| Mar 19, 2010 | Listed by Janice Mitchell R.E., Inc | $98,900 | |
| Listed by Janice Mitchell R.E., Inc | |||
| | |||
|
WONDERFUL HEAVILY WOODED PRIVATE 2.5 ACRE LOT WITH STREAM - READY TO BUILD YOUR DREAM HOME, LOOK NO FURTHER. CLOSE PROXIMITY TO HERITAGE COUNTRY CLUB.
| |||
| Jan 20, 2010 | Sold | ||
| Sold | |||
| Sep 15, 2009 | Listed by Peoples Broker Realty | $59,900 | |
| Listed by Peoples Broker Realty | |||
| | |||
|
LAND SOLD AS A PACKAGE DEAL WITH MLS:70974790 & 70974797 FOR $85,000. ATTENTION INVESTORS, DEVELOPERS, BUILDERS LOOK NO FURTHER HERE IS YOUR NEXT PROJECT! HERE IS AN OPPORTUNITY TO START PLAINING YOUR NEXT DEVELOPMENT IN A DESIRABLE NEIGHBORHOOD IN A WONDERFUL TOWN! WELL HERE IT IS. DON'T WALK, RUN TO YOUR CAR & COME SEE THIS MAGNIFICENT PROPERTY. PRICED BELOW EXPECTED MARKET VALUE FOR A QUICK SALE. BUYER TO DO HIS OWN HOMEWORK, NO PERCS OR PLANS W/LOT. TWO EASEMENTS ON LOT.
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