Investment Analysis — 31 Fair

Northampton, MA 01060

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 2-unit multi-family in 01060 carries an estimated $4,520/mo in gross rent — about a 13.12% cap rate and $36,737/yr in estimated NOI at the $280,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,560

Style

Multi Family

Built

1900

A classic 4 Bed, 2 bath Farmhouse-Colonial with detached 3 bay garage on over 1/2 an acre within walking distance to downtown Northampton shops, cafes, restaurants, the fairgrounds and the picturesque ‘meadows’ along the Connecticut River. Convenient access to I-91, Hadley and Amherst. This adaptable 2 unit home was most recently used as a single family residence. The home has good bones but needs love, vision and work to make it sparkle once again. 1560 sf of living space on 2 levels, front porch, large garage with additional attached covered storage, set on an extra large lot with ample parking and an expansive side yard. A homestead on a lot of this size is a rare find so close to downtown. It's not pretty today, but this is a golden opportunity to acquire an existing home in a strategic location and build some equity for tomorrow. The property is part of an estate and offered as-is with buyers responsible for the septic.

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 MLS and other third-party data may be inaccurate or out of date.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.