277 River Drive Hadley — Photo 1 of 13
$259,000
Investment Analysis — 277 River Drive
Hadley, MA 01035
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a home in 01035 carries an estimated $1,780/mo in gross rent — about a 5.64% cap rate and $14,605/yr in estimated NOI at the $259,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
--
SqFt
--
Style
Other
Built
--
What a rare opportunity. Beautiful 2 acre parcel with so many benefits. Public sewer and water are at street. A large cleared level section offers a great homesite back from the road with additional lightly wooded acreage gently sloping down to Lake Warner. Could easily be cleared for nice views of the lake from your home and deck. Quiet section of River Drive with picturesque views of farmsteads. Lake Warner is a true gem in North Hadley, perfect for canoeing, kayaking, fishing and birdwatching. Quick and easy commute to UMASS, Northampton and major routes. Truly a special property worthy of your new home. This property also has a “limited business” zoning for the buyer looking to have mixed use. Buyer to do their own due diligence on the approved uses.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Shopping • Walk/Jog Trails • Medical Facility • Bike Path • Conservation Area • Highway Access
Geography
Listing Agent: Christine A. Aubrey
Listing Office: Coldwell Banker Community REALTORS®
MLS® Number: 73501112