Investment Analysis — 50 Phelps St

Easthampton, MA 01027

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01027 carries an estimated $2,450/mo in gross rent — about a 5.14% cap rate and $17,994/yr in estimated NOI at the $349,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

982

Style

Single Family

Built

1971

NEW LOOK, FRESH OPPORTUNITY! This charming 3-bedroom ranch in Easthampton’s desirable Plains neighborhood is back with a beautiful refresh and ready to welcome its next owner. A previous buyer’s financing fell through, giving the sellers the chance to make thoughtful updates that truly enhance the home.Come inside to discover beautiful hardwood floors newly revealed beneath the carpeting, fresh neutral paint, updated electrical, and other improvements. The eat-in kitchen offers refaced cabinetry, stainless-steel appliances, plenty of storage, and a convenient built-in pantry. The fully finished basement adds valuable flexible living space—perfect for a family room, entertaining, home office, guest space, or whatever suits your needs. You’ll also find laundry and an economical natural-gas stove for cozy supplemental heat. Outside, enjoy the back deck, fenced yard, two storage sheds, and beautiful Mt. Tom Range views. All this in a convenient Easthampton location close to the shops, restaurants, parks, and amenities you love.Freshly updated, move-in ready, and ready for its next chapter—come take another look!

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: 491 sq ft (the lesser of 900 sq ft or half the 982 sq ft principal dwelling). Lot size: 13,504 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.