47 Cross St Bernardston — Photo 1 of 12
Recent Drop: $590,000
$1,400,000
Investment Analysis — 47 Cross St
Bernardston, MA 01337
Based on HUD Small Area Fair Market Rent for Franklin County, MA, a home in 01337 carries an estimated $1,240/mo in gross rent — about a 0.08% cap rate and $1,160/yr in estimated NOI at the $1,400,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
--
SqFt
30,000
Style
Other
Built
1928
This is a ripe opportunity to develop this former dairy farm further into the commercial world. Currently zoned residential and on town water. The barn buildings have been retrofitted to accommodate a dry goods storage with fork-lift access, while others have HVAC controlled space for office or light manufacture. Some new buildings have also been added in the form of repair-shop truck garage style structures with heat that would accommodate wide and varied use. There is a 4-bedroom 1.5 bath Ranch style home on the property which is being utilized by employees. The grounds have been professionally maintained and the farm fields are in the care of a local farmer. A solar company has a lease option to construct an array to generate $75,000 income annually, once up and running.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Property History
$1,400,000
Was $1,600,000
May 16, 2026
MLS® 73247583
$1,600,000
Was $1,990,000
Apr 1, 2026
MLS® 73247583
$2,300,000
Jun 5, 2024
MLS® 73247583
$1,400,000
Mar 29, 2024
MLS® 73217548
$1,000,000
Jun 7, 2010
MLS® 70999661
$1,150,000
Nov 9, 2009
MLS® 70999661
Listing Agent: Michael Pratt
Listing Office: Coldwell Banker Community REALTORS®
MLS® Number: 73247583