lot 1 Daniel Shays Hwy New Salem — Photo 1 of 2
$699,000
Investment Analysis — lot 1 Daniel Shays Hwy
New Salem, MA 01355
Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 3-bedroom in 01355 carries an estimated $2,030/mo in gross rent — about a 1.45% cap rate and $10,126/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,750
Style
Single Family
Built
2026
Come enjoy the tranquility of the small Quabbin town. Breathtaking views of the Reservoir await you on your morning walk or hike, or just take a stroll around the common with its historic elegance. Just minutes to Amherst or Rt2. This very private location is just what you have been waiting for. Home to be completed in September but come in early and pick colors or make some upgrades.
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: 875 sq ft (the lesser of 900 sq ft or half the 1,750 sq ft principal dwelling). Lot size: 145,490 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 MLS and other third-party data may be inaccurate or out of date.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 • Dishwasher • Microwave • Refrigerator • Plumbed For Ice Maker
Geography
Property History
$699,000
Apr 20, 2026
MLS® 73504161
$79,900
Dec 1, 2024
MLS® 73272125
$79,900
Aug 1, 2024
MLS® 73272125
Listing Agent: David F. Bardsley
Listing Office: Action Realty Group
MLS® Number: 73504161