
130 Woodland Drive Northampton — Photo 1 of 15
$185,000
Investment Analysis — 130 Woodland Drive
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 5.99% cap rate and $11,074/yr in estimated NOI at the $185,000 list price. Adjust every assumption in the calculator below.
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This level, cleared building lot on Woodland Drive offers an exciting opportunity to bring your dream home to life. The lot is located in an established neighborhood with public water, sidewalks, and underground electric service already in place, and an approved perc test is on file with the town. The lot has been surveyed and a site plan was prepared by The Berkshire Design Group and approved for building by the City of Northampton—a significant advantage that can save a prospective buyer time, effort, and expense. With the approved site plan, the new owner can proceed directly toward applying for a building permit. The current owner has thoughtfully cleared the lot in accordance with the site plan, offering a valuable head start on the building process. Additionally, the lot is level with well-drained soil providing ideal conditions for septic installation. Located in a tranquil setting between the vibrant centers of Northampton and Easthampton, this property is a prime canvas to create the home you have been envisioning.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Shopping • Medical Facility • Conservation Area • Highway Access • Private School • Public School
Geography
Property History
$185,000
Sep 11, 2026
MLS® 73575821
$137,500
Jun 27, 2025
MLS® 73095457
$169,000
Apr 5, 2023
MLS® 73095457
Listing Agent: Lisa Palumbo
Listing Office: Delap Real Estate LLC
MLS® Number: 73575821
