49 Mount Hitchcock Rd Wales — Photo 1 of 37
$350,000
Investment Analysis — 49 Mount Hitchcock Rd
Wales, MA 01081
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 1-bedroom in 01081 carries an estimated $1,560/mo in gross rent — about a 3.48% cap rate and $12,172/yr in estimated NOI at the $350,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1.5
SqFt
1,000
Style
Single Family
Built
1910
Opportunity awaits on this unique property offering over 23 acres of land, a one-bedroom, one-bath home, and plenty of possibilities! The home features lots of updates, a bonus room for additional living, office, or hobby space, a hot tub and a sauna for relaxing after a long day. Multiple outbuildings provide excellent storage and workspace options, while the expansive acreage offers room to spread out and enjoy the privacy of your own property. Whether you’re looking to create a homestead, pursue your outdoor and recreational interests, explore potential subdivision opportunities, or build your dream home, this property is worth a look. Buyer and buyer’s agent to conduct their own due diligence with the town regarding zoning, subdivision potential, building opportunities, and all acceptable uses of the property.
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: 500 sq ft (the lesser of 900 sq ft or half the 1,000 sq ft principal dwelling). Lot size: 1,030,194 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
Electric Water Heater • Microwave • Range • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Walk/Jog Trails • Golf • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstExterior Access, Lighting - Overhead
Kitchen
Lvl Main,FirstWood / Coal / Pellet Stove, Vaulted Ceiling(s), Kitchen Island, Open Floorplan
Family Room
Lvl FirstPrimary Bedroom
Lvl FirstVaulted Ceiling(s), Flooring - Wood
Bedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile
Listing Agent: The Jackson & Nale Team
Listing Office: REMAX Connections - Belchertown
MLS® Number: 73577767
