Investment Analysis — 238 Dox Rd

Westfield, MA 01085

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01085 carries an estimated $2,010/mo in gross rent — about a 2.78% cap rate and $12,510/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,249

Style

Single Family

Built

1950

Waterfront on Horse Pond! This three bedroom home is move-in ready. The first floor features a spacious bedroom suite, dining room, living room with a gas fireplace, and a wonderful sunroom with water views. Your private dock is just steps away. Upstairs, you'll find two bedrooms plus a third room which looks out over the pond. Both bathrooms and the kitchen have been recently updated, along with new flooring throughout the house and many new windows. Enjoy fishing and recreation on Horse Pond or with a small boat or kayak, you can connect to Pequot Pond. There is abundant storage in the attic and basement. Outdoors you'll find a nice sized tool shed plus more storage in the crawl space under the sunroom--great for kayaks (two kayaks and a skiff are also included!) Almost all furniture and home furnishings can remain--see agent for details. Convenient location, just minutes to the Mass. Pike & I-91.

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: 625 sq ft (the lesser of 900 sq ft or half the 1,249 sq ft principal dwelling). Lot size: 8,850 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.