1005 Park Hill Road Northampton — Photo 1 of 4
$249,900
Investment Analysis — 1005 Park Hill Road
Northampton, MA 01062
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a home in 01062 carries an estimated $1,390/mo in gross rent — about a 4.46% cap rate and $11,150/yr in estimated NOI at the $249,900 list price. Adjust every assumption in the calculator below.
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Tremendous opportunity for buyers, builders, or developers to own this beautiful resedential lot. It is located approximately 5-7 minutes from downtown Easthampton and 12-15 minutes from downtown Northampton. The property offers, a peaceful setting while still providing convenient access to essential neighborhood amenities, dining, and retail shopping centeres. This lot is approved for a two-family residence, with potential conversion to a condex, featuring approximately 1,500+ sq. ft. per unit. A revised site plan, perk test, septic design, proposed house plan, and full survey are completed and ready for a buil. Don't miss out on this fantastic opportunity to build a new home or investment property in desirable Northampton location - offering the privacey and natural beauty of a wooded residential setting with the convenience of nearby towns.
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 MLS and other third-party data may be inaccurate or out of date.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
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Public Transportation • Tennis Court(s) • Park • Walk/Jog Trails • Golf
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Listing Agent: Oksana Shapovalova
Listing Office: Coldwell Banker Realty - Western MA
MLS® Number: 73575232
