
238 Briar Hill Rd Ashfield — Photo 1 of 42
$699,000
Investment Analysis — 238 Briar Hill Rd
Ashfield, MA 01330
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 4-bedroom in 01330 carries an estimated $1,890/mo in gross rent — about a 2.02% cap rate and $14,106/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
4,139
Style
Single Family
Built
1829
The Underhill House is an enchanting 4BR/1.5BA historic country estate, on 2 Acres in Ashfield located on a quiet road just 5 mins from Ashfield Lake, 10 mins from the DAR forest, 30 mins from Smith College, 40 mins from Amherst College and UMass, and 25 mins from Deerfield Academy. Tanglewood and Lennox are an hour away. Ashfield has over 20 miles of hiking trails. Boasting bucolic views of fields and surrounded by protected farmland, planted with tree peonies, roses, fruit trees, lilacs, and magnolia hedges, this sprawling Georgian Colonial set behind mature maple trees with a striking vintage farm silo blends classic character with modern updates and conveniences such as fiber optic internet, spacious rooms offering two entrances each and lots of light, 8 fireplaces, wood floors (maple) through out, with many original details. French doors and large windows blur indoor/outdoor lines. The heart of the home is a renovated and inviting open-concept great room with rich cherry floors, a fireplace, large windows and a kitchen featuring granite counters, copper vent hood + copper apron sink, an ample pantry/utility room, and a main-floor laundry. A flexible attached 5-room farmhand quarters above the carport/carriage shed offers endless potential, with an attached creamery converted to a garage. The covered parking area is highly functional as-is, but also perfectly situated to be reimagined as a superb screen porch or outdoor patio. This antique home (circa 1792/1829) has many already completed major updates that provide peace of mind, including cosmetics, a new slate roof over the main house, a rebuilt north chimney, updated electrical/septic/plumbing, structural improvements, and more. Already plumbed for an additional bathroom. This graceful grand home is ready for its next chapter. A golden opportunity to enjoy a generously sized home in a peaceful setting and build immediate equity while customizing a classic New England treasure.
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 4,139 sq ft principal dwelling). Lot size: 87,120 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
Range • Refrigerator • Washer • Dryer
Neighborhood
Other
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Wood, Window(s) - Picture, French Doors, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled
Dining Room
Lvl Main,FirstFlooring - Wood, Exterior Access, Open Floorplan
Kitchen
Lvl Main,FirstFlooring - Wood, Pantry, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access, Open Floorplan, Remodeled, Stainless Steel Appliances, Washer Hookup, Lighting - Pendant, Lighting - Overhead
Office
Lvl FirstFireplace, Flooring - Wood, French Doors, High Speed Internet Hookup
Family Room
Lvl FirstFlooring - Wood
Master Bedroom
Lvl SecondCloset, Flooring - Wood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFireplace, Closet, Flooring - Wood
Bedroom 4
Lvl SecondFireplace, Closet, Flooring - Wood
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Closet, Flooring - Wood, Remodeled, Pedestal Sink
Bathroom 2
Lvl Main,FirstBathroom - Half, Flooring - Wood, Pedestal Sink
Listing Agent: Andrea C. Kwapien
Listing Office: Delap Real Estate LLC
MLS® Number: 73563765
