Mashpee Land for Sale

Conveniently situated in Barnstable County, this community is placed on Cape Cod. While it has seaside properties and an accessible location, this town enjoys surprisingly reasonable real estate prices. The median price of a home in this town is currently at $367,000. In the last year, the price of homes has risen by $5,000. Meanwhile, the average price per square foot fell from $260 to $234.

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Land for Sale

The lower price per square foot and higher median price are caused by many residents buying larger properties in the area. While the total price of the property is higher, the price per square foot actually works out to a slightly lower amount. Investors will find plenty of developed and undeveloped parcels within this town.

Why Investing Is the Smart Choice

Investors will find many different options within this community. Like many seaside communities, this area would be a good spot for developing a hotel or tourist-related site. Because of the proximity to the seashore, investors may also want to develop luxury apartments or homes with an ocean view.

Finding the right property is not always easy. If you need help finding an empty lot, Boston City Properties can help. Our team of real estate experts can help you locate the property you need for your next investment.

Discover a Desirable Location

Spanning 27.2 square miles in size, this community is located on the western section of Cape Cod. On the east, residents will find the town of Barnstable. Nantucket Sound is placed to the south, and Sandwich is located on the north. Meanwhile, Falmouth is placed to the south.

This seaside community is located about 65 miles away from Boston. It is also 70 miles away from Providence, Rhode Island. Boasting of several rivers, this community offers many properties that are surrounded by scenic views and natural vistas. Within the community, residents will find Route 140, Route 151 and Route 140. Route 6 is placed to the north of the town, and Route 140 ends right outside of town limits.

Many Types of Developments Are Available

Transforming a vacant property and earning a profit can be done in different ways. One easy way to earn a profit is to just hold the property. Over time, the value of the investment will naturally increase. While the investor waits for the undeveloped lot to grow in value, they only have to pay for a few maintenance costs.

If the investor decides to build on the property, they have a number of options available. Vacant lots can be built to suit, which makes them appealing to business owners, home buyers and investors alike. While a developed property may have to be renovated or demolished, undeveloped properties can be transformed into anything that the investor dreams about creating.

Before investors buy the land, they should calculate the return on their investment. If the lot is in a desirable area that is growing in population, it is more likely to appreciate in value. In addition, the investor has to consider the cost of construction, permitting fees and zoning regulations. Before buying the property, investors need to make sure that it is zoned for the type of building they want.

After finding the right property, investors can choose to use it for a residential or commercial development. In some areas, vacant lots are even leased to farmers or utility companies an easy way to bring in revenue. Other properties are transformed into business or office complexes.

For residential units, the investor can create condos, townhouses, single-family properties or apartment complexes. These types of units can be rented out to tenants or sold to home buyers. Whether to rent or sell depends on how much work the investor wants to do and the amount of profit they want to earn. While selling a home will bring in more money right away, renting the same property can bring in more money over the course of the investment. In addition, a rental property also brings in extra money when the unit is eventually sold.

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Land for Sale