
46 Walnut Street Montague — Photo 1 of 41
$475,000
Investment Analysis — 46 Walnut Street
Montague, MA 01376 — Turners Falls
Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 4-bedroom in 01376 carries an estimated $2,320/mo in gross rent — about a 3.47% cap rate and $16,490/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,416
Style
Single Family
Built
1920
This 10 room, 2 full bath, Colonial Revival Style Brick home with 3 finished floors abuts Thomas Memorial Golf Course & Country Club and is located on a quiet country road. Views are of rolling hills, meadows and the golf course. You can drive your golf cart right onto the course at the tee off to the 8th hole. This is a MUST SEE for all golf lovers ! The home consists of two layers of brick and cement which was distinctive for a 1920 built home. It has been lovingly owned by the same family for 83 years. First floor bedroom, large front porch, enclosed back porch, kitchen, dining room, living room with wood fireplace, and mantle, and full bathroom. Second floor has bedroom, Family room, office, bonus room, and full bathroom. Dormers were added to create two more bedrooms on the third floor, each with a closet and hardwood flooring. First floor has hardwood flooring, kitchen, dining room, living room were refinished a few years ago. There is a large, open porch in front of the home perfect for outdoor family dinners or porch parties, and an enclosed three season back porch great for watching the golfers. Freshly painted on the interior and ready for the next family to continue restoring to greatness! Not far from route 2 West, Mohawk Trail, route 91, UMASS, and many ski areas. If views of natural beauty are important to you, this home is for you! Showings start at the Open House Sunday September 6th from 1-3pm.
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 2,416 sq ft principal dwelling). Lot size: 8,755 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 • Range • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstWood / Coal / Pellet Stove, Flooring - Hardwood, Lighting - Overhead
Dining Room
Lvl FirstFlooring - Hardwood, Lighting - Overhead
Kitchen
Lvl Main,FirstFlooring - Vinyl
Office
Lvl SecondFlooring - Hardwood
Family Room
Lvl SecondFlooring - Hardwood
Master Bedroom
Lvl FirstCloset, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl ThirdCloset, Flooring - Hardwood
Bedroom 4
Lvl ThirdCloset, Flooring - Hardwood
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Bathroom 2
Lvl SecondBathroom - Tiled With Tub & Shower, Flooring - Vinyl
Listing Agent: Marilyn Freedman
Listing Office: Coldwell Banker Realty - Westwood
MLS® Number: 73563582