304 Chapel Rd Savoy — Photo 1 of 25
$229,900
Investment Analysis — 304 Chapel Rd
Savoy, MA 01256
Based on HUD Small Area Fair Market Rent for Berkshire County, MA (part) HUD Metro FMR Area, a 2-bedroom in 01256 carries an estimated $1,560/mo in gross rent — about a 5.31% cap rate and $12,198/yr in estimated NOI at the $229,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
960
Style
Single Family
Built
1958
Escape the hustle and bustle and enjoy the beauty of the Berkshires! Located in the peaceful town of Savoy, this charming ranch offers 2 bedrooms, 1 full bath, and approximately 3 acres of land to enjoy. Features include hardwood floors, a cozy wood stove, full basement with walkout access, and a convenient one-car attached garage. A new septic system is currently being installed, providing added peace of mind for the next owner. Surrounded by nature yet just a short drive to the Berkshires' many attractions, dining, hiking, recreation, and cultural destinations. Whether you're looking for a year-round home, weekend getaway, or peaceful retreat, this property offers a wonderful opportunity to enjoy country living while still being close to all the area has to offer.
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: 480 sq ft (the lesser of 900 sq ft or half the 960 sq ft principal dwelling). Lot size: 139,392 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 MLS and other third-party data may be inaccurate or out of date.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
Water Heater • Range
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl FirstBedroom 2
Lvl SecondListing Agent: Michele Purcell
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73573584
