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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lanesborough at 37 Corey Rd #85, Lanesborough, MA, 01237 listed at $259,000 pairs $2,428/mo rent with a $1,268/mo payment to leave $151/mo cash flow. Total monthly income runs $2,428/mo, and annual cash flow reaches $1,815/yr on $85,859 cash to close. Return on cash invested measures 22.02% in year one, and rental yield registers 11.25% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 117.63% and total cumulative return in cash totals $100,996. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,428/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
$644 monthly HOA
Neighborhood data shown for ZIP Code: 01237, Lanesboro, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,040 (100%) |
| Owner Occupied HU | 1,165 (57.1%) |
| Renter Occupied HU | 192 ( 9.4%) |
| Vacant Housing Units | 683 (33.5%) |
| Median Home Value | $369,592 |
| Average Home Value | $402,036 |
Residential
858
Single Family
858
Multi-Family
0
Businesses
138
Date | Event | Price |
|---|---|---|
| 2025-08-07 | Sold | $259,000 |
| 2025-07-28 | Pending sale | $265,000 |
| 2025-06-19 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Laura Arseneau • PAULA MCLEAN REALTORS INC.
Mls Name: BCMLS
Mls Provider:
Mls ID: #246799
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Berkshire County Board of Realtors and the Broker Reciprocity Program. Copyright 2025 Berkshire County Board of Realtors. All rights reserved.
