23 Phelps St Easthampton — Photo 1 of 42
$525,000
Investment Analysis — 23 Phelps St
Easthampton, MA 01027
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01027 carries an estimated $2,450/mo in gross rent — about a 3.27% cap rate and $17,172/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,138
Style
Single Family
Built
1971
Welcome to this beautifully maintained Easthampton home offering space, comfort, and outstanding indoor and outdoor amenities. The main level features 3 bedrooms, 1full bath, gleaming hardwood floors, and a spacious living room with a cozy fireplace. The updated kitchen boasts granite countertops, stainless steel appliances, and ample cabinet and counter space.The finished lower level provides additional living space with a second fireplace, a full bathroom, and flexible space ideal for a spare room, game room, home office, gym, or guest accommodations.Recent improvements(APO) include a newer roof, boiler, and water heater, providing peace of mind for years to come. Step outside to your own private backyard retreat featuring an in-ground swimming pool and hot tub, perfect for entertaining or simply relaxing at home.Conveniently located near downtown Easthampton, parks, shopping, restaurants, and major routes, this move-in-ready home offers the perfect blend.
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: 569 sq ft (the lesser of 900 sq ft or half the 1,138 sq ft principal dwelling). Lot size: 16,988 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
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Bike Path • Public School
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl nullFlooring - Stone/Ceramic Tile, Deck - Exterior, Exterior Access, Slider
Kitchen
Lvl nullFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Family Room
Lvl BasementBathroom - Full, Flooring - Laminate
Master Bedroom
Lvl nullCloset, Flooring - Hardwood
Bedroom 3
Lvl nullCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom 2
Lvl BasementListing Agent: Kimberly Allen Team
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73539726
