138 N Main St Belchertown — Photo 1 of 29
Recent Drop: $4,900
$385,000
Investment Analysis — 138 N Main St
Belchertown, MA 01007
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01007 carries an estimated $2,650/mo in gross rent — about a 5.24% cap rate and $20,173/yr in estimated NOI at the $385,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,104
Style
Single Family
Built
1955
Move right into this 3 bedroom, 5 room home on generous sized corner lot. Home features, town water and sewer. oil heat, vinyl siding, beautifully finished oak floors throughout. All appliances included in as is condition. Energy features include, insulated basement walls, newer vinyl replacement windows, added attic insulation. Home is very inexpensive to heat. Large two car garage with 220 outlet for the handi-person. Almost new wood deck and a patio are privately located at the rear of the home. Gardening area for your flowers and vegetables. Zoning for this property is LB-1 which is a limited Business zoning designed to encourage retail and professional activities. Permitted uses generally include small scale shops, professional offices, personal services and certain residential or mixed uses. Live and work at your profession at the same location! Possible owner financing to qualified buyer!
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: 552 sq ft (the lesser of 900 sq ft or half the 1,104 sq ft principal dwelling). Lot size: 12,502 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 • Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First11 x 28
Closet, Flooring - Hardwood, Exterior Access, Vestibule
Kitchen
Lvl Main,First21 x 11
Flooring - Vinyl, Dining Area, Exterior Access
Master Bedroom
Lvl First11 x 13
Closet, Flooring - Hardwood
Bedroom 2
Lvl First11 x 10
Bedroom 3
Lvl Main,First12 x 9
Closet, Flooring - Hardwood
Bathroom 1
Lvl Main,First8 x 5
Bathroom - 3/4, Flooring - Stone/Ceramic Tile
Property History
$385,000
Was $389,900
Sep 6, 2026
MLS® 73526495
$389,900
May 29, 2026
MLS® 73526495
Listing Agent: Michael P Mendyk
Listing Office: Michael Mendyk Real Estate
MLS® Number: 73526495