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21 Stone Hill Rd New Salem — Photo 1 of 37

$399,900

Investment Analysis — 21 Stone Hill Rd

New Salem, MA 01355

Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 3-bedroom in 01355 carries an estimated $2,030/mo in gross rent — about a 3.54% cap rate and $14,154/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,709

Style

Single Family

Built

1998

Wooded Privacy 25 minutes from UMASS Amherst. Escape to the quiet beauty of New Salem and discover a peaceful retreat surrounded by woods, privacy, and nature. Set on 2.89 wooded acres with a natural stream, 21 Stone Hill Road is just minutes from the Quabbin Reservoir and nearby Bear's Den, with hiking, walking trails, and conservation land nearby. This 3-bedroom, 2-bath contemporary offers 1,709 square feet of light-filled living space with soaring cathedral ceilings, oversized picture windows, an open floor plan, and a spacious deck overlooking the wooded surroundings. The first floor offers two bedrooms and a full bath, while upstairs features a bright loft and spacious owner's suite with vaulted ceilings, full bath, and private balcony. Ready for a refresh, this home offers the opportunity to bring your own style to an exceptional setting. A 2-car garage, space for a garden, and room to enjoy the outdoors complete this peaceful retreat. Private. Wooded. Peaceful. Full of possibility. Title V passed 10/01/26.

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: 855 sq ft (the lesser of 900 sq ft or half the 1,709 sq ft principal dwelling). Lot size: 125,888 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.