97 Luce Rd
About This Property
Listed By
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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 |
|---|---|---|---|
| Oct 13, 2026 | Listed by Conway - West Roxbury | $799,000 | |
| Listed by Conway - West Roxbury | |||
| Oct 4, 2026 | No longer available | - | |
| No longer available | |||
| Sep 10, 2026 | Price Decreased |
$799,000
↓ $150K
(15.8%) | |
| Price Decreased | |||
| Aug 12, 2026 | Price Decreased |
$949,000
↓ $50K
(5%) | |
| Price Decreased | |||
| Jun 11, 2026 | Listed by Conway - West Roxbury | $999,000 | |
| Listed by Conway - West Roxbury | |||
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Rare opportunity to acquire a unique five-parcel package totaling approximately 33.37 acres in scenic Williamstown. Offered as one sale, the package includes 95 & 97 Luce Road, each with an existing residence situated on 5.50 and 5.90 acres respectively, plus three additional raw land parcels totaling approximately 21.97 acres. The existing homes are in significant disrepair and are best suited for redevelopment, renovation, or replacement. This offering presents a variety of possibilities including an estate property, recreational retreat, investment opportunity, or potential future development. Set amidst the natural beauty of the Berkshires, the property enjoys a peaceful setting with potential mountain and countryside views, while remaining convenient to Williams College, downtown Williamstown, and Mount Greylock. Existing road frontage, access, and utility infrastructure add value beyond raw land alone. Buyer to independently verify all information, including zoning and land use.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017