
487 Long Plain Rd Leverett — Photo 1 of 42
$650,000
Investment Analysis — 487 Long Plain Rd
Leverett, MA 01054
Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 4-bedroom in 01054 carries an estimated $3,030/mo in gross rent — about a 3.07% cap rate and $19,927/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,263
Style
Single Family
Built
1999
**Seller offering up to 25k in concessions toward at 3-2-1 rate buy down which could potentially reduce buyers 1st year interest rate into the 3% range.** Set on 2.95 picturesque acres, this beautifully updated Leverett home offers a peaceful country setting, scenic views facing Mount Toby, and plenty of space to enjoy the outdoors. Ideally located near Amherst, Hadley, Deerfield, and Greenfield, this property combines country living with convenient access to area amenities. Inside you will be welcomed by vaulted ceilings and exposed beams that create a warm, open feel. The first floor offers two bedrooms, including a spacious primary suite with cathedral ceilings and a newly renovated primary bathroom. A convenient half bath with laundry hookups that completes the main level. Upstairs, you'll find two additional bedrooms, a full bathroom, and a cozy loft area. Many updates including new septic system in 2022, new insulation in attic, the outside walls, and basement sealed all in 2024, new concrete flooring in basement, new roof in 2025, re-pointed chimney and chimney cap, LP Siding PVC trim and Tyvek house wrap in 2025, kitchen remodeled this year and new flooring and light fixtures throughout the house. Outdoor enthusiasts and horse lovers will appreciate the property’s existing horse barn and established fencing, ready for horses and farming use.
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 2,263 sq ft principal dwelling). Lot size: 128,519 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Stable(s) • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16.416666666 x 13.166666666
Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Vinyl, Sunken
Dining Room
Lvl First9 x 13.166666666
Flooring - Vinyl, Exterior Access
Kitchen
Lvl First12.5 x 13.833333333
Flooring - Vinyl, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances
Primary Bedroom
Lvl First15.916666666 x 19
Bathroom - Full, Bathroom - Double Vanity/Sink, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Flooring - Vinyl, Exterior Access, Sunken
Bedroom 2
Lvl First8.833333333 x 13.666666666
Bedroom 3
Lvl Second11.416666666 x 13.666666666
Closet, Flooring - Hardwood, Attic Access
Bedroom 4
Lvl Second14.083333333 x 13
Closet, Flooring - Hardwood, Closet - Double
Bathroom 1
Lvl First9.333333333 x 11
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Pocket Door
Bathroom 2
Lvl First7.583333333 x 5.583333333
Bathroom - Half, Flooring - Vinyl, Dryer Hookup - Electric, Washer Hookup
Bathroom 3
Lvl Second5.583333333 x 11.916666666
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Vinyl
Listing Agent: Samantha Worden
Listing Office: Naples Realty Group
MLS® Number: 73567052

