261 Bay Road Hadley — Photo 1 of 38
$519,500
Investment Analysis — 261 Bay Road
Hadley, MA 01035
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01035 carries an estimated $3,220/mo in gross rent — about a 4.57% cap rate and $23,731/yr in estimated NOI at the $519,500 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,968
Style
Single Family
Built
1965
A RARE FIND--On 3.6 acres of land in a lovely country setting, this is the perfect spot for the nature lover in you. Explore Harts Brook that runs through the property and hike the many trails of Earl's Trails just a short distance away. This spacious home offers one floor living with a large dining room, perfect for family gatherings, a living room with fireplace, pegged hardwood floors, eat-in kitchen, 3 bedrooms, office, 1.5 baths and a 1st floor laundry. The recently rebuilt deck off of the dining room is the perfect place to relax and listen to the sounds of nature. The lower level has a large family room with fireplace and a door to the back yard--great for entertaining. There is also unfinished basement space for all of your storage needs. The circular driveway leads to the attached two car garage and gives lots of parking. The fenced in-ground pool can be restored to give you lots of summer fun. Enjoy the best of country living and the convenience of being close to shopping, restaurants, schools and the University with all that they have to offer. Open House Friday, 8/28 from 3:00 to 5:00 p.m. and Sunday, 8/30 from 12:00 to 2:00 p.m.
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 1,968 sq ft principal dwelling). Lot size: 156,816 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
Tankless Water Heater • Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Walk/Jog Trails • Laundromat • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstOffice
Lvl FirstFamily Room
Lvl BasementMaster Bedroom
Lvl FirstBedroom 2
Lvl FirstBedroom 3
Lvl FirstBathroom 1
Lvl FirstBathroom 2
Lvl FirstListing Agent: Judith A Larson
Listing Office: Cohn & Company
MLS® Number: 73568628
