CCertihomes
0 Timberidge Drive, Russell, MA 01071

$1,300,000

0 beds 0 baths 69 days on marketActive

About this home

Attention developers and builders, an exciting opportunity for an APPROVED subdivision project has arisen in a prime location where new homes are in high demand. With the growing population and increasing need for housing, this is the perfect chance to capitalize on potential profits. By acquiring land and building residential homes, you can cater to the market's needs while maximizing your return on investment. Located in a rural area, situated close to an air base and university. Buyers to conduct thorough research on zoning regulations, infrastructure requirements, and market trends to ensure the success of their project. Don't miss out on this lucrative opportunity to make a lasting impact in the real estate industry. (Photos are for reference only and do not accurately represent lot lines/subdivision. Owners home is located on land and will be subdivided upon sale of development, the home is not part of the sale.)

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$43,192/mo

Real estate (PITI + HOA + PMI)
$34,852
Principal + interest$5,896
Property tax + insurance$28,468
PMI / 2nd mortgage$488
Utilities
$17,283
Heating + cooling$8,495
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$98
Car insurance + maintenance$98
Other (entertainment)
$127
$43,192/mo TLC
Budget$43,692/mo
Remaining after TLC$500/mo
Purchase price
$1,300,000
Down payment
$65,000 (5%)
Loan amount
$1,235,000
APR
4%

Quick facts

Type
Residential
Style
Year built
Lot size
93.98 ac
Stories
0
Heating
Cooling
Water
Private
HOA
Annual tax
$13,618
MLS #
73209482
County
Hampden

Home features

Sewer
Private Sewer

Lot features

Wooded

Neighborhood — 01071

MetricThis ZIPCountyUSA
Population8876,444,931299,088,112
Population Change Since19906.00%7.00%20.00%
Population Density56786
Male4463,127,134147,432,321
Female4413,317,797151,655,844
Never Married1811,612,88563,775,926
Married4302,586,314123,120,365
Separated15247,85712,639,686
Widowed32363,59415,467,586
Divorced58436,88823,075,029
Number Of House Hold3272,431,591111,826,380
Average House Hold Size2.712.562.60
Medial Age37.0637.2535.46
Median House Hold Income$52,691$57,698$48,276
Average House Hold Income$55,701$75,023$63,629
P C I$20,535$29,196$24,529
M D I$44,166$48,105$41,133
A T H E$47,063$57,083$50,898
S T R5.00%5.00%
W C J76.16%81.38%77.74%
(Zip) Code
1071

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 3/7/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.