Investment Analysis — 28 Lyric St

Pittsfield, MA 01201

Based on HUD Small Area Fair Market Rent for Pittsfield, MA HUD Metro FMR Area, a 2-bedroom in 01201 carries an estimated $1,680/mo in gross rent — about a 5.58% cap rate and $11,151/yr in estimated NOI at the $200,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,032

Style

Single Family

Built

1955

Privacy, land, and no through traffic. This 2-bedroom Pittsfield home sits on 0.8 acres at the end of a dead end road, offering a setting you don't come across every day. With a manageable 1,032 SF footprint, single-level living, town water and sewer, natural gas heat, and a full unfinished basement, the fundamentals are already here. The home is dated and being sold as-is, with a new roof and cosmetic renovation needed throughout. For buyers willing to do the work, 28 Lyric St is a chance to take a well located property with a great piece of land and finish it exactly the way they want.

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: 516 sq ft (the lesser of 900 sq ft or half the 1,032 sq ft principal dwelling). Lot size: 34,656 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 MLS and other third-party data may be inaccurate or out of date.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.