Lots 2A-3A Reservoir Road North Adams — Photo 1 of 5
$35,000
Investment Analysis — Lots 2A-3A Reservoir Road
North Adams, MA 01247
Based on HUD Small Area Fair Market Rent for Berkshire County, MA (part) HUD Metro FMR Area, a home in 01247 carries an estimated $1,160/mo in gross rent — about a 30.12% cap rate and $10,541/yr in estimated NOI at the $35,000 list price. Adjust every assumption in the calculator below.
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Discover this 1.07-acre parcel on desirable Reservoir Road, offering a rare blend of privacy and convenience. Nestled in a wooded setting overlooking North Adams, this property is within walking distance to downtown shops, dining, and cultural attractions, yet feels peaceful and secluded. City water and sewer are available, with electricity at the road, making this a strong potential building site. Enjoy all the Berkshires have to offer, including hiking, skiing, and year-round outdoor recreation. A great opportunity to build your dream home in a quiet, natural setting just minutes from everything. All representations are from the seller or a public source; broker has not verified same. It is recommended buyer independently verify all information.
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Debra Trzcinski
Listing Office: Steepleview Realty - Mass
MLS® Number: 73511188
