515 Main Rd Chesterfield — Photo 1 of 42
$360,000
Investment Analysis — 515 Main Rd
Chesterfield, MA 01012
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 4-bedroom in 01012 carries an estimated $2,210/mo in gross rent — about a 4.13% cap rate and $14,870/yr in estimated NOI at the $360,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,334
Style
Single Family
Built
1940
Beautiful pastoral location, a surprising amount of space and boundless potential for this Chesterfield cape home on 2.5 flat acres. First floor has a wraparound floor plan and bright entryway from garage with laundry and access to rear porch. Kitchen and adjacent dining room with bow window and built-in cabinet. Large living room surrounded by windows (hardwood under the carpets) with fireplace. Two first floor bedrooms at the rear of the home overlooking the back yard and full bathroom located on the hall with large linen closet. The bedrooms and dining room also have wood floors under the wall-to-wall carpeting. Second floor has two bedrooms and walk-in attic access for storage or could be finished for additional space. Full basement with workshop area, Buderus boiler and Roth double-wall oil tank. Single-car attached garage and additional carport with fixed generator. Detached workshop with electric, propane heater and garage door at rear. Title 5 failed and is buyer responsibility. First showings at the open house Saturday, September 19th from 1pm-3pm.
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: 667 sq ft (the lesser of 900 sq ft or half the 1,334 sq ft principal dwelling). Lot size: 108,900 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 • Refrigerator • Washer • Dryer • Range Hood
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Flooring - Wall to Wall Carpet
Dining Room
Lvl FirstFlooring - Hardwood, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
Kitchen
Lvl FirstFlooring - Laminate
Primary Bedroom
Lvl FirstCloset, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondCloset, Flooring - Wall to Wall Carpet, Attic Access
Bathroom 1
Lvl FirstBathroom - With Shower Stall, Flooring - Laminate
Listing Agent: Jocelyn Cleary
Listing Office: Canon Real Estate, Inc.
MLS® Number: 73578554
