Active
30 Days on market
497 Main Street Hatfield — Photo 1 of 42

497 Main Street Hatfield — Photo 1 of 42

Recent Drop: $49,000

$799,000
$750,000

$750,000

Investment Analysis — 497 Main Street

Hatfield, MA 01038

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-unit multi-family in 01038 carries an estimated $7,770/mo in gross rent — about a 8.31% cap rate and $62,336/yr in estimated NOI at the $750,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

3.5

SqFt

4,698

Style

3 Family

Built

1900

An unusual offering with possibilities limited only by your imagination! Could this be the dream come to reality—one property where you can live, work, create and generate rental income to help pay the mortgage?Set on 2.6 beautiful, private acres, this distinctive property includes a single-family home, a separate two-family home, and an impressive 28’ x 56’ fully restored barn. Thoughtfully positioned with plenty of privacy between the buildings, the property offers a rare combination of residential, rental and workspaces.The main home features a wonderful addition with a charming tower room that could become your home office, bedroom, studio, reading retreat or meditation space—the choice is yours. The separate two-family home provides excellent potential for rental income, extended family, guests or additional living arrangements.The fully restored barn is a standout feature, offering substantial flexible space for a workshop, studio, home business, creative pursuits, storage or other possibilities. The barn is set up for radiant heat, for you to make it a truly usable year-round space.Modern mechanical systems in both residential buildings add comfort and peace of mind while preserving the property’s unique character. With multiple buildings, generous acreage and an extraordinary blend of living, working and income-producing potential, this is far more than a home—it is an opportunity to create the lifestyle and property you’ve been imagining.Rarely does a property offer this much flexibility, privacy and potential in one package. Come explore the possibilities and decide what your dream looks like here.

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.

Open Houses

Property Details

Financials

Original Price$799,000
Annual Taxes$8,526

Parking

Garage3
Off-Street23

Interior Specifications

Total Rooms15
Fireplaces1
FlooringWood, Tile, Vinyl, Varies
BasementFull, Bulkhead, Sump Pump, Concrete

Climate & Utilities

HeatingBaseboard, Natural Gas, Radiant, Wood Stove, Leased Propane Tank, Individual
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Brick/Mortar
ZoningRUR

Property & Lot

Acres2.6
SqFt Lot113,391
Lot FeaturesWooded, Cleared, Gentle Sloping, Level

Amenities & Appliances

Oven • Dishwasher • Microwave • Range • Refrigerator • Washer • Dryer

Neighborhood

Medical Facility • Highway Access • House of Worship • Private School • T-Station • University

Geography

Property History

Price Drop
$750,000

Was $799,000

Sep 1, 2026

MLS® 73563072

Listed
$799,000

Aug 13, 2026

MLS® 73563072

Listing Provided By

Listing Agent: Ilene Berezin

Listing Office: The Murphys REALTORS®, Inc.

MLS® Number: 73563072