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238 Park St Easthampton — Photo 1 of 42

238 Park St Easthampton — Photo 1 of 42

$524,900

Investment Analysis — 238 Park St

Easthampton, MA 01027

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 5-bedroom in 01027 carries an estimated $2,640/mo in gross rent — about a 3.06% cap rate and $16,071/yr in estimated NOI at the $524,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

4

SqFt

2,800

Style

Single Family

Built

1848

Antique Colonial offering scenic Mount Tom views and nearly 2,500 square feet of living space, with five bedrooms and four full baths. The kitchen opens to a sunroom and two spacious decks, while the family room features a large picture window overlooking the mountain and backyard. Interior highlights include hardwood floors, wide-plank pine flooring in the three upstairs bedrooms, high-efficiency forced hot-air heating, central air conditioning, and supplemental mini-split units. Parking includes a detached two-car garage, an additional one-car garage beneath the home, and a generous driveway. A wraparound farmer’s porch adds classic curb appeal. The lower level offers partially finished rooms and additional storage.

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 2,800 sq ft principal dwelling). Lot size: 21,871 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

Original Price$524,900
Annual Taxes$8,006

Parking

Garage3
Off-Street13

Interior Specifications

Total Rooms10
Fireplaces1
FlooringVinyl, Hardwood
BasementPartially Finished, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Space Heater, Natural Gas, Ductless
CoolingCentral Air, Dual, Ductless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick
RoofShingle
FoundationConcrete Perimeter, Block, Brick/Mortar
ZoningR40

Property & Lot

Acres0.5
SqFt Lot21,871
Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 3Bedroom 4Bedroom 5Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl First

15 x 13

Flooring - Hardwood

Dining Room
Lvl First

17 x 15

Flooring - Hardwood

Kitchen
Lvl First

16 x 16

Flooring - Vinyl, Balcony / Deck, French Doors, Chair Rail, Deck - Exterior, Stainless Steel Appliances, Peninsula

Family Room
Lvl First

17 x 16

Cathedral Ceiling(s), Window(s) - Picture, Gas Stove

Master Bedroom
Lvl First

15 x 10

Flooring - Wood

Bedroom 2
Lvl First

13 x 12

Bedroom 3
Lvl Second

17 x 14

Bathroom - 3/4, Walk-In Closet(s), Flooring - Wood

Bedroom 4
Lvl Second

21 x 11

Flooring - Wood

Bedroom 5
Lvl Second

18 x 11

Flooring - Wood

Bathroom 1
Lvl First

10 x 8

Bathroom - Full, Flooring - Laminate

Bathroom 2
Lvl Second

7 x 7

Bathroom - 3/4

Bathroom 3
Lvl Second

7 x 7

Bathroom - Full

Listing Provided By

Listing Agent: Raymond Boutin

Listing Office: RE/MAX Innovative Properties

MLS® Number: 73575665