89 Stafford Rd Wales — Photo 1 of 8
Recent Drop: $64,975
$85,000
Investment Analysis — 89 Stafford Rd
Wales, MA 01081
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a home in 01081 carries an estimated $1,380/mo in gross rent — about a 14.13% cap rate and $12,012/yr in estimated NOI at the $85,000 list price. Adjust every assumption in the calculator below.
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Nestled in the desirable town of Wales and conveniently located near beautiful Lake George, this ready-to-build parcel offers the perfect opportunity to create your dream home surrounded by nature and outdoor recreation. Enjoy close proximity to boating, fishing, hiking trails, Hamilton Reservoir, and local recreational areas while still offering convenient access to nearby amenities and major routes. The property features a passed perc test, approved septic design for a 4-bedroom walk-out home, delineated wetlands already approved, DOT approved driveway entrance, and has already been pinned—saving valuable time and expense for the future owner. A rare chance to secure a well-prepared homesite in a peaceful and scenic location!
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Property History
$85,000
Was $99,999
Jul 28, 2026
MLS® 73519621
$99,999
Was $149,975
Jun 11, 2026
MLS® 73519621
$149,975
May 14, 2026
MLS® 73519621
Listing Agent: Laurie Palatino
Listing Office: Hampden Realty Center, LLC
MLS® Number: 73519621
