Active Under Contract

13 Days on market

108 Chipman Rd Middlefield — Photo 1 of 41

$337,000

Investment Analysis — 108 Chipman Rd

Middlefield, MA 01243

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 4-bedroom in 01243 carries an estimated $2,910/mo in gross rent — about a 6.01% cap rate and $20,248/yr in estimated NOI at the $337,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,450

Style

Single Family

Built

1789

Historic Country Home + Hobby Farm with majestic views of the hills and local pastures. This beautiful historic country home has been brought back to life over the last three years, with more than $100,000 invested in major improvements. Full of character—including beautiful wide plank flooring sourced from the surrounding woods—the expensive work has been done, leaving the next owner an opportunity to add their own cosmetic touches and build additional equity. Featuring two sperate living spaces this could be the ultimate multi-generational family home. The property has an outstanding, two-level insulated barn with a newer electrical service. Fencing and a stream for a water source if you plan on animals for your farm. Established blueberries, pear trees & apple trees. The farm is close to Glendale falls, the skyline trail and the Berkshires.

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 3,450 sq ft principal dwelling). Lot size: 63,162 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.

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