Active

132 Days on market

63 Prospect St. Northampton — Photo 1 of 36

Recent Drop: $241,000

$1,539,000

$1,298,000

Investment Analysis — 63 Prospect St.

Northampton, MA 01060 — Smith College neighborhood /walk to downtown

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 6-bedroom in 01060 carries an estimated $3,050/mo in gross rent — about a 1.04% cap rate and $13,536/yr in estimated NOI at the $1,298,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,489

Style

Single Family

Built

1920

A rare opportunity to own a unique property, just a short stroll from Smith College and downtown Northampton's vibrant cultural scene. This very charming Cape blends quality craftsmanship, a highly functional layout and thoughtful updates across three finished floors. Inside, the expansive 6 bed / 6 bath floor plan features an inviting living and dining areas, a classic wood-burning fireplace, dedicated movie room, and radiant floor heating in 3 baths. The fully finished basement offers an in-law suite, or an apartment with a fully equipped kitchen, laundry room & separate entrance. Outside, deck, patio for relaxing & entertaining. Mature plantings, privacy, 5 car driveway, and sprinkler system are a few of the added amenities that complement the features of the home. Location, location, location rings true at 63 Prospect Street !

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 3,489 sq ft principal dwelling). Lot size: 16,117 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.