Investment Analysis — 1024 Westhampton Rd

Northampton, MA 01062

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 4-bedroom in 01062 carries an estimated $2,720/mo in gross rent — about a 8.91% cap rate and $19,610/yr in estimated NOI at the $220,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,400

Style

Single Family

Built

1900

Rare opportunity for builders, investors, or savvy buyers to complete a fully prepped renovation project in highly desirable Florence, just minutes from downtown Northampton. This property has been taken down to the studs and is ready for a full rebuild, with city-approved plans in place to add a second story, transforming the home into a 4-bedroom, 3-bathroom residence upon completion. The heavy lifting has already been done, saving you time, money, and headaches, with a completed perc test, Board of Health–approved septic system, and approved building permit. A comprehensive plan set is included, featuring truss designs, architectural blueprints, and beam specifications. Structurally, the property is solid and ready for the next phase, with a fully reinforced foundation, new floor system with LVL beams, newly installed lally columns, and a new hatchway. Roof ready to be removed, construction poised to begin. Step in and bring the vision to life without the usual delays.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,400 sq ft principal dwelling). Lot size: 32,561 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.