8 Union Rd Wales — Photo 1 of 37
Recent Drop: $25,000
$525,000
Investment Analysis — 8 Union Rd
Wales, MA 01081
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01081 carries an estimated $2,400/mo in gross rent — about a 3.36% cap rate and $17,656/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,050
Style
Single Family
Built
1918
Wake up to breathtaking waterfront views in this charming 3-bedroom, 1-bath home! Featuring beautiful hardwood floors and a spacious living room warmed by a cozy pellet stove, this home is the perfect year-round retreat. The bright 4-season porch offers the ideal place to relax while taking in the peaceful surroundings in every season. Outside, you'll love the level lot with space for entertaining, or simply enjoying the waterfront lifestyle. Just steps from your private beautiful sandy beach, you'll have easy access to swimming, kayaking, fishing, or soaking up the sun. Recent updates include a newer propane furnace and on-demand hot water for added comfort and efficiency. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this waterfront gem is ready to be enjoyed!
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: 525 sq ft (the lesser of 900 sq ft or half the 1,050 sq ft principal dwelling). Lot size: 7,841 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 MLS and other third-party data may be inaccurate or out of date.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 • Washer • Dryer
Neighborhood
Shopping • Walk/Jog Trails • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl FirstProperty History
$525,000
Was $550,000
Aug 26, 2026
MLS® 73550249
$550,000
Jul 15, 2026
MLS® 73550249
Listing Agent: The Jackson & Nale Team
Listing Office: REMAX Connections - Belchertown
MLS® Number: 73550249
