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2 Days on market
58 Cabot St Palmer — Photo 1 of 21

58 Cabot St Palmer — Photo 1 of 21

$224,900

Investment Analysis — 58 Cabot St

Palmer, MA 01069 — Residential Neighborhood of Single Family Owner Occupied Homes

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 5.54% cap rate and $12,451/yr in estimated NOI at the $224,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,000

Style

Single Family

Built

1950

This property presents an opportunity for investors, flippers, and owner occupied savvy buyers who can see major upside with little work! INVESTORS, FLIPPERS & OWNER OCCUPIED SAVVY BUYERS!** Located in an established residential neighborhood of primarily single-family, owner-occupied homes, 58 Cabot Street presents an exciting opportunity with **major upside potential and relatively little work needed**. This home is sound with solid bones, fully functioning mechanical systems, and many important exterior improvements already in place, including an **updated roof, replacement windows and vinyl siding**.Outside, enjoy a beautiful lot with a **fenced-in yard** that's perfect for kids, pets, gardening and entertaining, along with a paved driveway for convenient off-street parking. Sure, the interior could use some cosmetic updating—but that's where the opportunity lies! A little paint, some sweat equity and your own finishing touches could go a long way toward creating instant value. Whether you're looking to **flip, buy and hold, or purchase a home you can improve while building equity**, this property deserves a closer look.** Come see what value looks like in Palmer—a community that's emerging and offering buyers an opportunity to get in while there's still room for upside!**

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: 500 sq ft (the lesser of 900 sq ft or half the 1,000 sq ft principal dwelling). Lot size: 9,583 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.

Open Houses

Property Details

Financials

Original Price$224,900
Annual Taxes$4,421

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms5
Fireplaces1
FlooringHardwood
BasementFull, Concrete

Climate & Utilities

HeatingForced Air
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningTR

Property & Lot

Acres0.22
SqFt Lot9,583
Lot FeaturesCleared, Level

Amenities & Appliances

Range • Refrigerator

Neighborhood

Shopping • Park • Medical Facility • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Bathroom 1
Main,First
Living RoomKitchenMaster BedroomBedroom 2Bedroom 3
Living Room
Lvl Main,First

Flooring - Hardwood, Exterior Access, Open Floorplan

Kitchen
Lvl Main,First

Flooring - Stone/Ceramic Tile, Exterior Access, Open Floorplan

Master Bedroom
Lvl Main,First

Closet, Flooring - Hardwood

Bedroom 2
Lvl Main,First
Bedroom 3
Lvl Main,First

Closet

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Chester Ardolino

Listing Office: Berkshire Hathaway HomeServices Realty Professionals

MLS® Number: 73574913