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295 Cherry St Middleboro — Photo 1 of 41

295 Cherry St Middleboro — Photo 1 of 41

$1,200,000

Investment Analysis — 295 Cherry St

Middleboro, MA 02346

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02346 carries an estimated $3,080/mo in gross rent — about a 1.99% cap rate and $23,854/yr in estimated NOI at the $1,200,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,515

Style

Farm

Built

1825

Presenting APR 50 Acre Farmhouse w/ several barns-a unique opportunity to embrace a lifestyle steeped in history and tranquility. This Antique farmhouse offers 1515 sf of comfortable personal spaces for rest & rejuvenation. Several barns of which one was built in the 80s offering lots of room for horses or other animals. There are hay barns, feeding stations, shelters, a barn for equipment, chicken sheds plus so much more. This Land is under Agricultural Protection. Gently set in the lake area of Middleboro/Lakeville. With miles of walking trails or horese trails to lakes and ocean. The home features wood floors, fireplaces which at one time was the main source of heat and cooking, now other methods of heating.This 1835 home allows one to own a piece of History and allow a family to live in a recreation area with the ponds and lakes and forest land. Currently there are horses, sheep & cows as well as chickens. This forever farm is a gem just waiting for the right forever farm family. There is a small pond (maybe raise trout for the State parks). & miles of trails to the lakes for riding. Please feel free to ask for the benefits of owning this farm that can be of the grant monies that help farmers which may include equiptment, fencing repairing barns or farm stands and so much more. Be a part of the forever farm community which benefits not just your family but the whole community.

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$1,200,000
Annual Taxes$4,236.15

Parking

Garage2
Off-Street22

Interior Specifications

Total Rooms6
Fireplaces3
FlooringWood, Carpet
BasementPartial, Crawl Space, Unfinished

Climate & Utilities

HeatingForced Air, Oil
CoolingWindow Unit(s)
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningMixed Use

Property & Lot

Acres49.74
SqFt Lot2,166,599
Lot FeaturesWooded, Flood Plain, Cleared, Farm, Level, Sloped

Amenities & Appliances

Water Heater • Range • Dishwasher • Refrigerator

Neighborhood

Shopping • Public School

Geography

Listing Provided By

Listing Agent: Marie Paulsen

Listing Office: Keller Williams Realty

MLS® Number: 73464405