187 Federal St Northampton — Photo 1 of 24
$99,900
Investment Analysis — 187 Federal St
Northampton, MA 01062
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01062 carries an estimated $2,520/mo in gross rent — about a 19.94% cap rate and $19,915/yr in estimated NOI at the $99,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,368
Style
Single Family
Built
1900
Bring your vision and renovation ideas to this 3-bedroom, 1-bathroom Cape-style home, originally built in 1900. Full of character and opportunity, this property is ready for renovation and offers the chance to restore and customize a historic home to your own taste. The existing layout provides a solid starting point, while the home's age and architectural character offer plenty of possibilities for thoughtful updates. Whether you're an investor, contractor, or buyer looking for a project, this property presents an exciting opportunity to create something special. Conveniently located in Northampton with easy access to local shops, restaurants, school and amenities.
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: 684 sq ft (the lesser of 900 sq ft or half the 1,368 sq ft principal dwelling). Lot size: 5,776 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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Shopping • Park • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstKitchen
Lvl FirstListing Agent: Shawna Serricchio
Listing Office: Coldwell Banker Realty - Western MA
MLS® Number: 73571821
