21 Saint James Avenue Lee — Photo 1 of 36
$589,900
Investment Analysis — 21 Saint James Avenue
Lee, MA 01238
Based on HUD Small Area Fair Market Rent for Pittsfield, MA HUD Metro FMR Area, a 5-bedroom in 01238 carries an estimated $3,150/mo in gross rent — about a 4.09% cap rate and $24,141/yr in estimated NOI at the $589,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,037
Style
Single Family
Built
1905
This charming & historic sweet country home is located walking distance to the quintessential New England town of Lee situated in the majestic Berkshires. This home has been used as a short term rental with outstanding rental history. This would be a dream primary home or vacation home. Lots of flexibility if you are looking for a 2nd home get away that produces income when you are not there. Large center island butcher block country kitchen. Beamed ceilings in kitchen, dining room and living room. Three full, absolutely spectacular upgraded luxury bathrooms. walk up finished attic and a welcoming front porch. The yard is just perfectly magical offering privacy for entertaining with a large fire-pit and outdoor dining area. So many updates perfectly mingled with old world charm and character. Fall in love with this charmer !
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 2,037 sq ft principal dwelling). Lot size: 10,890 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 • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park
Geography
Listing Agent: Brenda Leduc
Listing Office: RE/MAX Compass
MLS® Number: 73576922