
138 Sunset Ave Amherst — Photo 1 of 24
$615,000
Investment Analysis — 138 Sunset Ave
Amherst, MA 01002
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 4-bedroom in 01002 carries an estimated $3,340/mo in gross rent — about a 3.10% cap rate and $19,084/yr in estimated NOI at the $615,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,516
Style
Single Family
Built
1938
Investment opportunity! Ideally located within walking distance of the UMass Amherst campus, this 4-bedroom, 2-bath home is a proven income-producing rental with a strong rental history. Designed for comfortable shared living, the home offers generous common areas, a spacious family room, and a large deck overlooking the backyard—perfect for relaxing or entertaining. The expansive yard provides additional outdoor space, while the central Amherst location offers easy access to UMass, Amherst College, shopping, restaurants, public transportation, and major routes. Whether you're expanding your investment portfolio or seeking a high-demand college rental, this property offers exceptional long-term value and investment potential. Showing start immediately.
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: 900 sq ft (the lesser of 900 sq ft or half the 2,516 sq ft principal dwelling). Lot size: 12,478 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 MLS and other third-party data may be inaccurate or out of date.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
Water Heater • Tankless Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Golf • House of Worship • Public School • University
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,SecondWood / Coal / Pellet Stove, Flooring - Hardwood
Kitchen
Lvl Main,SecondFlooring - Hardwood, Kitchen Island
Office
Lvl SecondFlooring - Wall to Wall Carpet
Family Room
Lvl Main,SecondSkylight, Flooring - Hardwood, Deck - Exterior, Exterior Access
Primary Bedroom
Lvl Main,SecondFlooring - Wall to Wall Carpet
Bedroom 2
Lvl ThirdBedroom 3
Lvl ThirdCloset, Flooring - Hardwood
Bedroom 4
Lvl ThirdCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl ThirdBathroom - Full, Bathroom - Tiled With Tub, Bathroom - With Shower Stall
Bathroom 3
Lvl ThirdBathroom - 1/4
Property History
$615,000
Jul 30, 2026
MLS® 73557208
$479,850
Oct 31, 2010
MLS® 71071733
$479,850
Apr 27, 2010
MLS® 71071733
Listing Agent: Stiles & Dunn
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73557208