
55 Park Ave Ware — Photo 1 of 28
$280,000
Investment Analysis — 55 Park Ave
Ware, MA 01082 — Ware Center
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01082 carries an estimated $2,110/mo in gross rent — about a 5.69% cap rate and $15,941/yr in estimated NOI at the $280,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,107
Style
Single Family
Built
1940
Set into a hillside with a unique layout and an impressive amount of usable space, this 3-bedroom home offers flexibility both inside and out. The raised main living level features hardwood floors in the living room, a convenient laundry room, an enclosed balcony-style porch and three bedrooms, with one currently serving as the dining room. A ramp from the driveway provides access around the home to the backyard and rear entrance.The finished lower level has its own direct entrance from the driveway, opening into a den and continuing to a bar/entertaining room and half bath—creating great potential for a game room, hobby space, home office or additional hangout area. The unfinished portion houses the utilities and can also be accessed directly from the attached garage.But the real bonus may be outside! A separate insulated woodworking workshop is equipped with 220V electrical service plus heat and air conditioning, providing year-round space for woodworking, projects, equipment or serious hobbies.The home has 200-amp electrical service, solar panels with a current monthly payment of approximately $111, oil-fired heat on the main level and propane heat in the basement. The boiler received a new pump in 2026, the water heater received a new element in 2025, and the roof is approximately 7 years old. A pellet stove is also available but is not currently connected.Adding even more value, the generator, snowblower and extra refrigerator will remain for the new owners. If you've been looking for a home with more than the typical cookie-cutter layout—and space to work, create, entertain and make your own—55 Park Ave deserves a look.
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: 554 sq ft (the lesser of 900 sq ft or half the 1,107 sq ft principal dwelling). Lot size: 6,464 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
Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Park • Walk/Jog Trails • Conservation Area • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood
Kitchen
Lvl FirstCeiling Fan(s), Dining Area, Exterior Access, Lighting - Overhead
Family Room
Lvl BasementBathroom - Half, Closet, Flooring - Stone/Ceramic Tile, Exterior Access
Master Bedroom
Lvl FirstCeiling Fan(s), Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCeiling Fan(s), Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl BasementBathroom - Half
Listing Agent: Jan Mccoy
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73571491
