6
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Lots 1+16 Pierpont Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed by Coldwell Banker Realty - Worcester | $375,000 | |
| Listed by Coldwell Banker Realty - Worcester | |||
| Jan 2, 2026 | No longer available | - | |
| No longer available | |||
| Jun 2, 2025 | Listed by Coldwell Banker Realty - Worcester | $450,000 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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Don't miss this incredible chance to acquire nearly 10 acres of prime land in Dudley! This offering includes two parcels, with 9.83 acres situated across from the water, and an additional 0.16-acre WATERFRONT strip offering water access.. There is 510' of frontage on Pierpont and 315' of frontage on the water. What do your dreams include?Perhaps a dock for your kayaks or pontoon boat, or just a quiet fishing spot is among them. An engineering study, attached to this listing, underscores the potential of this property, showcasing the feasibility of subdividing into multiple lots. With its expansive acreage and coveted waterfront access, this opportunity presents endless possibilities for development or a private estate. Seize the moment to make your vision a reality with this exceptional parcel in Dudley.
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| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017