Investment Analysis — 21 Smith Ave

Ware, MA 01082

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01082 carries an estimated $2,110/mo in gross rent — about a 5.79% cap rate and $16,212/yr in estimated NOI at the $279,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,423

Style

Single Family

Built

1890

Classic 3-br Colonial with recent renovations set on a desirable corner lot. First floor is designed for easy living, featuring an eat-in kitchen with ample cabinets, new stainless steel appliances, and the added convenience of laundry on the main level. From the kitchen, enter into a dining/playroom that leads to a cozy living room. Second floor has 3-brs and a full bath. Third floor/walk-up attic offers additional storage space and sitting/entertainment area. Enjoy your mornings or unwind at the end of the day on the front porch. Existing solar panels offer the added benefit of reducing monthly electric expense. Convenient location close to town amenities.

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: 712 sq ft (the lesser of 900 sq ft or half the 1,423 sq ft principal dwelling). Lot size: 3,920 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 MLS and other third-party data may be inaccurate or out of date.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.