Active

467 Days on market

285 Lower Hampden Rd Monson — Photo 1 of 40

Recent Drop: $30,000

$825,000

$795,000

Investment Analysis — 285 Lower Hampden Rd

Monson, MA 01057

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 5-bedroom in 01057 carries an estimated $1,910/mo in gross rent — about a 0.85% cap rate and $6,730/yr in estimated NOI at the $795,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

3.5

SqFt

3,936

Style

Single Family

Built

2000

MOTIVATED SELLERS! Beautiful Multi-generational living space or share with friends, this home has a beautiful in-law apartment in addition to the main home's 4 bedrooms all set on over 20 acres! Beautiful, light and open living space throughout the main floor featuring gleaming hardwood floors and a gorgeous fireplace welcome you home. Enjoy the indoor pool year round, as well as the many outdoor seating areas, 2 decks and a wonderful covered porch are fabulous spots to enjoy the wildlife that abounds here. The 36'x60' commercial quality garage/barn is the perfect spot to keep all of your toys or equipment safe and sound. Have dreams of homesteading, gardening, a hobby that needs some work space or are you a wildlife lover or hunter...this is your property! Enjoy the natural surroundings of your own property and camp, hike, hunt at home! This home is situated just minutes from Peaked Mountain and all the wonderful trails there. Easy commute to all major routes.

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: 900 sq ft (the lesser of 900 sq ft or half the 3,936 sq ft principal dwelling). Lot size: 987,984 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.