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24 Old Thompson Street Palmer — Photo 1 of 42

$339,900

Investment Analysis — 24 Old Thompson Street

Palmer, MA 01069

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 2-bedroom in 01069 carries an estimated $1,510/mo in gross rent — about a 2.64% cap rate and $8,981/yr in estimated NOI at the $339,900 list price. Adjust every assumption in the calculator below.

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Beds

Baths

SqFt

1,008

Style

Single Family

Built

1993

KING OF THE HILL!! Own with Ease Ranch Style Home! Meticulously Maintained makes this Beauty Turn-Key! Neutral Tones Thru Out allow YOU to MoVe-In & Make YOUR OWN personal touches!! Natural Woodwork thru out! Pull up the driveway and expect to be impressed! Fully Applianced Eat-in Kitchen w/Pantry! Low Maintenance Laminates! Pellet Stove! Down the hall are TWO generous-sized bedrooms! The MAIN Bedroom is OVERSIZED fit for any King or Queen Sized Furniture & then some! Double Closets! Luxurious Lush Grey Carpeting in both bedrooms! Ample closet space! Full Bathroom is beautiful! King and Queen (granite double) sinks! Partially finished basement can store anything! Finish it off easily for more living area! Wood Stove! Shed outback! Mother Nature is your backyard neighbor! Large Lot! Low Maintenance Vinyl Siding! Newer Windows! Dead End Street! Minutes to Lake Thompson! Just off the beaten path, yet close to so many amenities! Are YOU Ready for Your New Beginnings?!??

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: 504 sq ft (the lesser of 900 sq ft or half the 1,008 sq ft principal dwelling). Lot size: 41,608 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.