Active
88 Days on market
79 King Street Northampton — Photo 1 of 11

79 King Street Northampton — Photo 1 of 11

$3,900,000

Investment Analysis — 79 King Street

Northampton, MA 01060

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a home in 01060 carries an estimated $1,560/mo in gross rent — about a 0.12% cap rate and $4,762/yr in estimated NOI at the $3,900,000 list price. Adjust every assumption in the calculator below.

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Style

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Located in a vibrant college community's urban core, this mixed-use residential development project is ready for construction. The 1.06-acre site features an approved zoning envelope for a 6-story, 133,263 SF, 70-foot-tall building featuring 120 unrestricted apartments and an existing 2,500 SF office building. Plans accommodate 65 parking spaces, though there is no minimum parking requirement. All civil engineering, landscaping, civil agency, and utility approvals are fully in place.

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 MLS and other third-party data may be inaccurate or out of date.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$3,900,000
Annual Taxes$9,465.11

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
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WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningCommercial

Property & Lot

Acres1.06
SqFt Lot46,173.6
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Bike Path

Geography

Listing Provided By

Listing Agent: Benjamin Bolotin

Listing Office: Region Commercial

MLS® Number: 73536509