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74 S Maple St Westfield — Photo 1 of 38

74 S Maple St Westfield — Photo 1 of 38

$429,900

Investment Analysis — 74 S Maple St

Westfield, MA 01085

Based on rent reported on the MLS listing, a 2-unit multi-family in 01085 carries $4,400/mo in gross rent — about a 8.29% cap rate and $35,650/yr in estimated NOI at the $429,900 list price. Adjust every assumption in the calculator below.

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Beds

4

Baths

2

SqFt

2,141

Style

Multi Family

Built

1860

A truly remarkable opportunity to own an income producing asset that feels like HOME. Set back from the road on nearly 1.5 acres, this beautifully renovated property offers a level of privacy and outdoor space that is incredibly hard to find! Thoughtfully updated from top to bottom, major improvements include a brand-new roof, siding, porches, electrical, water heaters, heating system, and tastefully remodeled kitchens and baths—offering the feel and peace of mind of new construction without the hefty price tag! The first floor features a convenient entryway, large eat-in kitchen w/ stainless appliances & stone countertops, oversized pantry w/ laundry, full bathroom, 2 bedrooms & central living room w/ wood floors. The second floor also showcases an upgraded kitchen w/ stone countertops & stainless appliances, a separate dining room that could also function wonderfully as the home office, 2 additional bedrooms, full bathroom & living room w/ wood floors. Separate utilities including an owner's meter, as well as gas heat add convenience for both owner-occupants and investors alike. Lead certificates for both floors! Enjoy the 14x48ft barn for all your outdoor storage needs! Set on a property that is almost unheard of to find in town, you couldn't ask for more!

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.

Property Details

Financials

Original Price$429,900
Annual Taxes$4,478

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms11
FireplacesNone
FlooringWood, Vinyl, Hardwood
BasementFull, Interior Entry, Bulkhead

Climate & Utilities

HeatingForced Air, Natural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationBlock, Brick/Mortar
ZoningRB

Property & Lot

Acres1.36
SqFt Lot59,028
Lot FeaturesWooded, Cleared, Level

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Listing Provided By

Listing Agent: Melissa Fitzgerald

Listing Office: Lock and Key Realty Inc.

MLS® Number: 73584469