
951 West Rd Ashfield — Photo 1 of 30
$149,000
Investment Analysis — 951 West Rd
Ashfield, MA 01330
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a home in 01330 carries an estimated $980/mo in gross rent — about a 5.06% cap rate and $7,541/yr in estimated NOI at the $149,000 list price. Adjust every assumption in the calculator below.
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Set along the paved, publicly maintained section of West Road, this 8.8+/- acre Ashfield parcel offers a beautiful blend of privacy, natural character and thoughtful site preparation. Gentle slopes, flatter areas, mixed hardwood forest and historic stone walls create a classic New England setting, while a sunny potential building envelope has already begun to take shape.Significant work has been completed to help make the property easier to envision and plan for a future home. Approximately one acre has been cleared, stumped and roughly graded, and a driveway has been created and graded to the potential building envelope. Drainage stone was added at the driveway entrance, with additional drainage improvements completed along the road frontage. The property has also successfully passed perc testing, with the tested areas marked on site.Electric is available at the street, and a land survey is available. Just minutes from Ashfield center and DAR State Forest, the property offers convenient access to hiking, biking, fishing, swimming, skiing and other year-round outdoor recreation, while still providing easy access to Greenfield, Northampton and I-91.A wonderful opportunity to create a private country home in one of Ashfield’s most scenic settings.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Shelly Hardy
Listing Office: Brick & Mortar Northampton
MLS® Number: 73563291