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Property profile & analytics
FOR SALE
Investment properties

926 Old Turnpike Rd Oakham, MA 01068

6.98 ac lot
Individually Owned 3-yr Hold
Property ID
US38-0175207
Property summary
AI-generated overview

This exceptional commercial compound in Oakham, MA, presents a unique investment opportunity spanning 7 acres. The property comprises three distinct buildings, offering diverse income streams and significant expansion potential. The main structure is a charming 2368 square foot Cape-style home, featuring three bedrooms, two full bathrooms, and a heated breezeway leading to a sunroom overlooking a beautifully landscaped yard. A private, 24x42 foot, updated in-ground pool adds to the property's appeal. The partially finished basement includes updated heating and a dedicated office space. A heated two-car garage completes this residential component. The second building is a 1638 square foot commercial office building, offering two floors of rentable space, each equipped with a kitchenette and a half-bath. This building presents excellent opportunities for expansion. Finally, a third building, a 1440 square foot single-family home, offers four rooms, two bedrooms, and one bathroom in an open floor plan, also with expansion possibilities. The entire property has been meticulously maintained under single-family ownership. This property is ideally suited for a 1031 exchange or as a multi-family investment, offering a blend of residential comfort and commercial viability in a desirable country setting. The property's size and diverse structures provide ample room for future development and growth. Priced at $1,200,000.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 6.98 ac (304,049 SF)
APN OAKH M:4060 B:0000 L:00760
UPID US38-0175207
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bruce Coffin CPA, Inc. Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Daniel O'brien · 3 yrs held
Daniel O'brien
since 2022
Last sale
$65,000
7 recorded transactions
2023
Price N/A
2022
$65,000
2022
Price N/A
2014
$100,000
2014
Price N/A
2012
$1
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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