90 Columbia Drive Amherst — Photo 1 of 31
$499,900
Investment Analysis — 90 Columbia Drive
Amherst, MA 01002 — South Amherst
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 2-bedroom in 01002 carries an estimated $2,480/mo in gross rent — about a 3.12% cap rate and $15,602/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,475
Style
Single Family
Built
1967
Lovingly maintained home in lovely South Amherst neighborhood with a tasteful back addition. Spacious living room with bow window and hardwood floors flows into the dining room. The dining room opens into the large post and beam family room addition which sports a gas fireplace and wall of windows overlooking the lovely back yard. Access to a private patio is off of the family room. This addition also has a 1/2 bath. Kitchen was remodeled and sports ample cabinetry and granite countertops. Owner took down a wall to a 3rd bedroom to create a large primary bedroom. Wall and closets could be reconstructed to recreate 3 bedrooms. Enjoy the large backyard for games and entertaining. Come put in your touches and enjoy life in beautiful, sunny South Amherst. Close to Amherst College, and Hadley line. Bus stops nearby for ease in getting to UMASS or downtown. Come Explore.
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: 738 sq ft (the lesser of 900 sq ft or half the 1,475 sq ft principal dwelling). Lot size: 21,586 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.
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Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Other
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Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Open Floorplan
Dining Room
Lvl FirstFlooring - Hardwood, Open Floorplan
Kitchen
Lvl FirstFlooring - Vinyl, Cabinets - Upgraded, Open Floorplan
Family Room
Lvl FirstCathedral Ceiling(s), Flooring - Wood, Exterior Access, Open Floorplan, Recessed Lighting
Master Bedroom
Lvl FirstCloset, Flooring - Hardwood
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl FirstBathroom - 3/4, Bathroom - With Shower Stall
Listing Agent: Nancy Hamel
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73565534
