285 Elm St Westfield — Photo 1 of 24
Recent Drop: $-449,999
$450,000
Investment Analysis — 285 Elm St
Westfield, MA 01085
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a home in 01085 carries an estimated $1,150/mo in gross rent — about a -1.25% cap rate and $-5,615/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.
Beds
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Baths
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SqFt
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Style
Other
Built
1890
This 5,400 sq. ft. flex and retail property offers a versatile space ideal for retail, office, or mixed-use purposes. Situated in a high-traffic downtown location, the property provides excellent exposure and accessibility, making it a prime opportunity for growing businesses.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Property History
$450,000
Was $500,000
Jan 21, 2026
MLS® 73417583
$500,000
Was $1
Sep 24, 2025
MLS® 73417583
$1
Aug 13, 2025
MLS® 73417583
Listing Agent: Casey Commercial Group
Listing Office: SR Commercial Realty
MLS® Number: 73417583
