157 Sykes Street Palmer — Photo 1 of 42
$399,000
Investment Analysis — 157 Sykes Street
Palmer, MA 01069
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 4-bedroom in 01069 carries an estimated $2,000/mo in gross rent — about a 3.19% cap rate and $12,723/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,400
Style
Single Family
Built
1950
Versatile, spacious 4 Bedroom, 2 bath Cape Home with 1st floor Main bedroom suite with full bath and additional 3 bedrooms, full bath upstairs. Custom built and well planned by far sighted owners the home served a growing family for years then became the perfect all on main floor living after the owners reached retirement age. Home has oil fired FWA heat, central AC, central vacuum, updated 200 amp electric service, combined with charming foyer entrance, timeless hardwood floors, large open living and dining room, cozy breezeway family room, and in the lower level a large home office or exercise room, enclosed back porch and a two car attached garage with a row of custom cabinetry and large storage loft overhead. The lot is so convenient to shopping, schools and highways, but it feels comfortably private tucked away behind its front fence and no houses in sight behind you.
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 2,400 sq ft principal dwelling). Lot size: 26,502 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 • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wall to Wall Carpet, Open Floorplan
Dining Room
Lvl FirstFlooring - Wall to Wall Carpet, Open Floorplan
Kitchen
Lvl FirstDining Area, Washer Hookup
Office
Lvl BasementFlooring - Vinyl
Family Room
Lvl Main,FirstCeiling Fan(s), Flooring - Vinyl, Exterior Access
Master Bedroom
Lvl Main,FirstBathroom - Full, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood
Bedroom 4
Lvl SecondFlooring - Hardwood
Bathroom 1
Lvl Main,FirstBathroom - Full
Bathroom 2
Lvl SecondBathroom - Full
Listing Agent: Janise Fitzpatrick
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73566103
