0 Northwest Rd Westfield — Photo 1 of 2
$395,000
Investment Analysis — 0 Northwest Rd
Westfield, MA 01085
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a home in 01085 carries an estimated $1,150/mo in gross rent — about a 2.63% cap rate and $10,371/yr in estimated NOI at the $395,000 list price. Adjust every assumption in the calculator below.
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Rare opportunity to own approximately 13.85 acres on Northwest Road in Westfield! Consisting of two parcels of approximately 5 acres and 8.85 acres, this property offers an appealing combination of acreage, privacy, and convenient access to area amenities. With a mix of open and wooded land and substantial road frontage along Northwest Road, the property presents possibilities for builders, investors, or buyers looking to create a private residential setting. Seller reports the property successfully perc tested in the past; current perc documentation is not available. With limited availability of larger land parcels in Westfield, this is an opportunity to explore the possibilities this unique property may offer. Buyer and buyer's agent to perform all due diligence regarding zoning, permitted uses, frontage, wetlands, septic suitability, and any development potential with the City of Westfield and appropriate authorities.
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 MLS and other third-party data may be inaccurate or out of date.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: Meghan Hess
Listing Office: Real Broker MA, LLC
MLS® Number: 73563898