Lot 5 /510 Old County Rd. Wales — Photo 1 of 39
Recent Drop: $85,000
$459,900
Investment Analysis — Lot 5 /510 Old County 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 4.68% cap rate and $21,507/yr in estimated NOI at the $459,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,000
Style
Single Family
Built
2026
Updated plan! New Custom Ranch with walk out basement to be built on a tree-lined street in a newer subdivision on the Holland / Wales town line with an acre lot. Home features a Living room, Kitchen w/all wood cabinets & granite countertops, Dining area, Main Bedroom & 2 other bedrooms. Luxury vinyl plank flooring throughout. Granite countertops in bathroom. 200 amp electrical. Vinyl siding. Heating system is a dual fuel system. Hot water is from a high efficiency electric heat pump hot water heater. Appx 2 miles to Lake George. Public beach & boat ramp. Pictures are of similar homes builder has built and Lake George. Option to choose your own finishes. Lower level has a walk-out-basement. Potential to customize &/or add a rec room, bath or FP on lower level. Part of the Tantasqua / Union 61 School District. Come make this home your own!
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: 500 sq ft (the lesser of 900 sq ft or half the 1,000 sq ft principal dwelling). Lot size: 44,750 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
Electric Water Heater • Water Heater • Plumbed For Ice Maker
Neighborhood
Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
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Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl FirstBedroom 2
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Lvl FirstBathroom 1
Lvl FirstProperty History
$459,900
Was $549,900
May 16, 2026
MLS® 73484010
$549,900
Was $544,900
Apr 10, 2026
MLS® 73484010
$544,900
Mar 8, 2026
MLS® 73484010
Listing Agent: Nina Ferraro Sweares
Listing Office: RE/MAX Prof Associates
MLS® Number: 73484010
