32-50 Flanagan Hill Road

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32-50 Flanagan Hill Road

Sterling, MA 01564
Asking Price
$3.75M
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property consists of 135.96 acres of residential land.
  • The asset is listed for sale at 3,750,000 dollars.
  • Sterling is a growing suburban submarket in Worcester County.
  • This parcel supports residential development or land banking strategies.
  • The site is positioned at 32-50 Flanagan Hill Road.

What's Special

Sterling serves as a growing suburban market within the Worcester County region, offering a blend of rural character and proximity to major regional transit corridors. This residential land asset encompasses 135.96 acres, providing significant scale for potential development projects. The expansive acreage supports a variety of residential master planning possibilities, ranging from single-family housing subdivisions to large-lot development ventures. The property layout benefits from the region's steady demand for suburban living space while maintaining access to local infrastructure. Investors and developers will find this site suitable for long-term residential land banking or immediate phased site planning. With its substantial footprint and favorable position in the Sterling submarket, the parcel offers utility for organizations focused on residential real estate expansion in Massachusetts.

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NOI
$80,000
Cap Rate
2.13%
DSCR
0.36
Underwater
Cash-on-Cash
-12.68%
Monthly Payment
$18,552.954
Annual Cash Flow
$-142,635.447

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