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26 Days on market
LT 73 73.1 Old Gilbertville Rd Ware — Photo 1 of 14

LT 73 73.1 Old Gilbertville Rd Ware — Photo 1 of 14

$489,900

Investment Analysis — LT 73 73.1 Old Gilbertville Rd

Ware, MA 01082

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a home in 01082 carries an estimated $1,290/mo in gross rent — about a 2.30% cap rate and $11,265/yr in estimated NOI at the $489,900 list price. Adjust every assumption in the calculator below.

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Beds

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Baths

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SqFt

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Style

Residential

Built

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Excellent opportunity to own a large parcel of land in a desirable location just outside downtown, offering the perfect blend of privacy and convenience. Situated near shopping, local services, hiking and biking trails, the Quabbin Reservoir, and Greenville Park, this property provides easy access to both outdoor recreation and everyday amenities.Featuring over 1,400 feet of road frontage, this acreage offers significant potential for investors, builders, developers, or buyers seeking a private estate property. Explore the possibilities for future residential development, multiple in-town building lots, a family compound, or a custom home with room to roam. With extensive frontage and a convenient location, this parcel presents a unique opportunity to capitalize on the increasing demand for buildable land.Whether you're looking for an investment property, development land, or a large tract to enjoy for years to come, this property offers flexibility and long-term value. As the saying goes, they aren't making any more land.No engineering, survey updates, or percolation testing have been completed. All testing, permitting, and due diligence regarding zoning, subdivision potential, and intended use shall be the responsibility of the buyer.Rarely does a parcel with this amount of road frontage, development potential, and proximity to town amenities become available. Bring your vision and unlock the possibilities.

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

Original Price$489,900
Annual Taxes$500

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPrivate
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRR

Property & Lot

Acres23.25
SqFt Lot1,012,770
Lot FeaturesWooded

Neighborhood

Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area • Public School

Geography

Listing Provided By

Listing Agent: Susan Como

Listing Office: Buy Rite Home

MLS® Number: 73566965