54 Olney Rd Palmer — Photo 1 of 42
Recent Drop: $100,000
$650,000
Investment Analysis — 54 Olney Rd
Palmer, MA 01069
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01069 carries an estimated $1,850/mo in gross rent — about a 0.81% cap rate and $5,288/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,424
Style
Single Family
Built
2002
Perched atop a scenic hillside on over 3 private acres, this exceptional ranch offers the perfect blend of luxury, privacy, and convenience—just minutes from the Mass Pike and shopping centers. Designed for effortless everyday living and unforgettable entertaining, the spacious open floor plan features hardwood flooring, a stunning kitchen with wraparound breakfast bar, formal dining area, and a welcoming living room centered around a fireplace. The private primary suite offers a walk-in closet, oversized bath, and adjoining flex room ideal for a home office, nursery, or sitting room. Two additional bedrooms are thoughtfully positioned on the opposite side of the home for added privacy. Enjoy every season from the heated sunroom overlooking beautifully landscaped grounds complete with a pergola, hot tub, greenhouse, and additional detached garage. The enormous finished lower level provides exceptional bonus space for a media room, gym, recreation area, or guest retreat. If you've been searching for peaceful country living without sacrificing convenience, this is the lifestyle you've been waiting for.
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 2,424 sq ft principal dwelling). Lot size: 144,184 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Oven • Microwave • Range • Refrigerator • Washer • Dryer • Water Treatment
Neighborhood
Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan
Dining Room
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Exterior Access
Kitchen
Lvl Main,FirstCeiling Fan(s), Flooring - Stone/Ceramic Tile, Pantry, Breakfast Bar / Nook, Open Floorplan
Office
Lvl MainCeiling Fan(s), Flooring - Hardwood, Exterior Access
Family Room
Lvl BasementFlooring - Wall to Wall Carpet
Master Bedroom
Lvl Main,FirstBathroom - Full, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Exterior Access
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Shower Stall, Bathroom - With Tub, Walk-In Closet(s), Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile
Property History
$650,000
Was $699,750
Aug 26, 2026
MLS® 73541258
$699,750
Was $725,000
Aug 5, 2026
MLS® 73541258
$725,000
Was $750,000
Jul 14, 2026
MLS® 73541258
$750,000
Jun 24, 2026
MLS® 73541258
Listing Agent: King Group
Listing Office: Coldwell Banker Realty - Western MA
MLS® Number: 73541258
