233 Lathrop St South Hadley — Photo 1 of 42
Recent Drop: $25,000
$450,000
Investment Analysis — 233 Lathrop St
South Hadley, MA 01075
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01075 carries an estimated $2,350/mo in gross rent — about a 3.59% cap rate and $16,175/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,280
Style
Single Family
Built
1965
I'm just loving this One Owner Custom Built Ranch in 1965 set on 1.62 serene acres complete with In-ground pool and a two stall BARN!!!Double door front entry leads to the generous living room with stone wall enveloping the fireplace... each piece of stone was hand chiseled and shaped by the owner-builder. The kitchen is pure 60's with loads of cabinets and the original, (Still in working order !) range with 2 ovens!! Counter top extends island like to the dining area featuring a fabulous 60's lighting fixture and an expansive window enhancing natural light and stunning outdoor views. Living room, hallway and bedrooms are hardwood. Well positioned windows in the bedrooms offer both light and privacy! Finished area of lower level offers a 2nd fireplace. Great space for home office or play room, natural light provided by a "picture" window . 2nd bath on this level along with storage area ,outside access to the yard, the IG pool and the barn and to the oversized 2 car garage. The well kept grounds are serene and parklike. Schedule a private showing now!
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: 640 sq ft (the lesser of 900 sq ft or half the 1,280 sq ft principal dwelling). Lot size: 70,567 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
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Tennis Court(s) • Park • Walk/Jog Trails • Stable(s) • Golf • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Picture
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Dining Area, Kitchen Island, Dryer Hookup - Electric, Washer Hookup
Primary Bedroom
Lvl FirstFlooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstFlooring - Hardwood
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl BasementBathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Property History
$450,000
Was $475,000
Sep 1, 2026
MLS® 73565884
$475,000
Aug 19, 2026
MLS® 73565884
Listing Agent: Dianne Schmidt
Listing Office: HB Real Estate, LLC
MLS® Number: 73565884