217 Main St Sturbridge — Photo 1 of 9
$299,999
Investment Analysis — 217 Main St
Sturbridge, MA 01566
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01566 carries an estimated $1,780/mo in gross rent — about a 4.95% cap rate and $14,858/yr in estimated NOI at the $299,999 list price. Adjust every assumption in the calculator below.
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Attention all builders, developers, and investors! Excellent opportunity to build in Sturbridge. Previously approved to build an approximately 2,500 sq. ft. home in 2008; approvals have since expired. Foundation was installed but has cracks. Public water and sewer connections are available, and seller states the sewer abatement fee has been paid. Previous building plans are available for reference. Buyers and buyer’s agents to perform their own due diligence regarding current permitting, approvals, zoning, utilities, building requirements, and development potential. Don’t miss this opportunity to bring your plans to life!
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 MLS and other third-party data may be inaccurate or out of date.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
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Highway Access • Public School
Geography
Listing Agent: Jared Liftman
Listing Office: REMAX Executive Realty
MLS® Number: 73577700