
31 South St Bernardston — Photo 1 of 42
$499,900
Investment Analysis — 31 South St
Bernardston, MA 01337
Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 3-bedroom in 01337 carries an estimated $2,160/mo in gross rent — about a 2.84% cap rate and $14,179/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,919
Style
Single Family
Built
1790
Set on 2 acres in the heart of Bernardston village, this 1790 Colonial is filled with the kind of character you just don’t find in newer homes. The main living space offers 3 bedrooms and 2 full baths, including a first-floor bedroom, with wood floors, multiple fireplaces, period details and generously sized rooms throughout. An additional 3-room accessory apartment includes 1 bedroom and 1 full bath, adding flexibility for extended family, guests or other uses. Outside, the setting is equally appealing with a covered front porch, stone patio, expansive lawn, mature trees, wooded areas and a pond, plus a large 2-story, 2-bay barn/garage offering plenty of room for storage, workshop space or hobbies. Enjoy the feel of a spacious country property while being right in the village, close to Cushman Park, the library and local shops, with convenient access to major routes.
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 2,919 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
Water Heater • Range • Refrigerator
Neighborhood
Park • Stable(s) • Highway Access • House of Worship • Private School • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood
Dining Room
Lvl FirstFlooring - Wood
Kitchen
Lvl FirstFlooring - Laminate
Family Room
Lvl FirstFlooring - Wood
Master Bedroom
Lvl SecondFlooring - Wood
Bedroom 2
Lvl SecondBedroom 3
Lvl FirstFlooring - Wood
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondFlooring - Vinyl
Listing Agent: Donald Mailloux
Listing Office: Coldwell Banker Community REALTORS®
MLS® Number: 73575379