8 Underwood Ave Easthampton — Photo 1 of 36
Recent Drop: $10,000
$289,900
Investment Analysis — 8 Underwood Ave
Easthampton, MA 01027
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01027 carries an estimated $2,450/mo in gross rent — about a 6.35% cap rate and $18,414/yr in estimated NOI at the $289,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,478
Style
Single Family
Built
1940
Excellent opportunity for contractors, investors or buyers looking to build sweat equity in desirable Easthampton. The house has good bones and spacious rooms including a finished room in the attic ideal for office, rec room or studio space. The roof and electrical panel both appear to have been updated in recent years. The detached two car garage with attached covered storage area is ideal for a hobbyist or car enthusiast. Nicely located with privacy and easy access to 91, close to the base of Mt Tom.
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: 739 sq ft (the lesser of 900 sq ft or half the 1,478 sq ft principal dwelling). Lot size: 13,503 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 MLS and other third-party data may be inaccurate or out of date.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
Water Heater • Range • Refrigerator
Neighborhood
Public Transportation • Medical Facility • Bike Path • Conservation Area • Highway Access • Marina
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood
Kitchen
Lvl FirstFlooring - Laminate
Office
Lvl ThirdPrimary Bedroom
Lvl SecondFlooring - Wood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wood
Bathroom 1
Lvl FirstBathroom - 3/4, Bathroom - With Shower Stall
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower
Property History
$289,900
Was $299,900
Aug 17, 2026
MLS® 73556292
$299,900
Jul 29, 2026
MLS® 73556292
Listing Agent: Kylene Canon
Listing Office: Canon Real Estate, Inc.
MLS® Number: 73556292
