1029 School St Palmer — Photo 1 of 1
Recent Drop: $10,000
$319,900
Investment Analysis — 1029 School St
Palmer, MA 01069
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01069 carries an estimated $1,850/mo in gross rent — about a 3.73% cap rate and $11,946/yr in estimated NOI at the $319,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,248
Style
Single Family
Built
1988
Spacious 3 bedroom located close to town offers easy commute to major routes, shopping and points of interest. Newer windows, doors, flooring and other updates done in past 5 years. A little more elbow grease and new owner could make this home shine.
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: 624 sq ft (the lesser of 900 sq ft or half the 1,248 sq ft principal dwelling). Lot size: 23,087 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Dishwasher • Trash Compactor
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Vinyl
Dining Room
Lvl FirstCeiling Fan(s), Flooring - Vinyl, Slider
Kitchen
Lvl FirstFlooring - Vinyl
Master Bedroom
Lvl FirstBathroom - Full, Ceiling Fan(s), Closet, Flooring - Vinyl
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCeiling Fan(s), Closet, Flooring - Vinyl
Bathroom 2
Lvl FirstBathroom - Full, Flooring - Vinyl
Property History
$319,900
Was $329,900
Aug 23, 2026
MLS® 73561277
$329,900
Aug 10, 2026
MLS® 73561277
Listing Agent: Teamwork Realty Group
Listing Office: Teamwork Realty Group, LLC
MLS® Number: 73561277
