1451 Ware St Palmer — Photo 1 of 22
$650,000
Investment Analysis — 1451 Ware St
Palmer, MA 01069
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a home in 01069 carries an estimated $1,060/mo in gross rent — about a 0.74% cap rate and $4,817/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
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A rare opportunity to acquire a large, buildable lot in a desirable Palmer location. Offered at $650,000, this expansive parcel spans approximately 101 acres and features a tucked-away setting that provides exceptional depth and privacy. Electricity is available at the street, and there is space to set up a house on the first pasture. Additionally, the property offers potential income through a 10-year Chapter 61 Forestry plan that began in 2021 (buyer to perform due diligence). Please note the following key details: 20 acres will be subdivided from the total acreage prior to closing. All soil testing is to be paid for by the buyer. Property will be left in Chapter 61 for sale. The lot includes a building in poor condition that is not habitable. Please do not enter this structure.
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 MLS and other third-party data may be inaccurate or out of date.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
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Shopping • Park • Golf • Medical Facility • Laundromat • Conservation Area
Geography
Listing Agent: Dorrinda O'Keefe Shea
Listing Office: Century 21 North East
MLS® Number: 73577597