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39 Days on market
65 Montague Road Leverett — Photo 1 of 42

65 Montague Road Leverett — Photo 1 of 42

$499,900

Investment Analysis — 65 Montague Road

Leverett, MA 01054

Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 3-bedroom in 01054 carries an estimated $2,750/mo in gross rent — about a 3.96% cap rate and $19,804/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,873

Style

Single Family

Built

1814

Rare opportunity to own a Classic New England farmhouse surrounded by exceptional natural beauty! Set on 4.43 acres, property includes access to additional 53.7 acres of protected conservation land in perpetuity offering the ability to enjoy an extraordinary landscape of walking trails, stone walls, brooks, streams, wildflower meadows + pristine natural resources. A true nature lover’s paradise with cleared land for gardening and barn(s) w/multiple stalls. Free-standing detached studio w/wood stove holds potential for a variety of uses. Charming farmhouse is rich in original character. Nice lay-out from spacious mudroom to dine-in kitchen, sunroom, formal DR and LR with woodstove. Beautiful hardwood + wide pine floors run throughout much of the home. Garage has been converted into flexible living space. Picturesque exterior with durable metal roof, recently painted clapboard siding. Mini-splits provide AC + additional heat source. Very special land and property, steps away from the Public Library, short distance to Amherst center and nestled in conservation. BONUS: NEW SEPTIC SYSTEM has been designed and will be installed prior to closing!

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 1,873 sq ft principal dwelling). Lot size: 192,970 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

Original Price$499,900
Annual Taxes$5,276

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms7
FireplacesNone
FlooringVinyl, Carpet, Hardwood, Flooring - Wood, Flooring - Wall to Wall Carpet, Flooring - Hardwood
BasementFull, Interior Entry, Bulkhead, Unfinished

Climate & Utilities

HeatingForced Air, Oil, Ductless
CoolingAir Source Heat Pumps (ASHP)
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame, Post & Beam
RoofMetal
FoundationStone, Brick/Mortar
ZoningMixed Use

Property & Lot

Acres4.43
SqFt Lot192,970
Lot FeaturesWooded, Easements, Cleared, Farm, Other

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Walk/Jog Trails • Stable(s) • Conservation Area • Private School • Public School • University

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenMaster BedroomBathroom 1
Living Room
Lvl First

Wood / Coal / Pellet Stove, Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan

Dining Room
Lvl First

Closet/Cabinets - Custom Built, Flooring - Hardwood

Kitchen
Lvl First

Dining Area, Country Kitchen

Master Bedroom
Lvl First

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Hardwood

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen

Listing Provided By

Listing Agent: Lisa Palumbo

Listing Office: Delap Real Estate LLC

MLS® Number: 73558706