69 Grantwood Dr Amherst — Photo 1 of 40
$650,000
Investment Analysis — 69 Grantwood Dr
Amherst, MA 01002
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 4-bedroom in 01002 carries an estimated $3,340/mo in gross rent — about a 3.24% cap rate and $21,052/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
1,871
Style
Single Family
Built
1971
Welcome to 69 Grantwood Drive! Beautifully maintained and completely renovated, this sun-filled executive ranch offers exceptional one-level living with a spacious finished lower level. Ideally located near UMass, Puffers Pond, hiking trails, the Mill District, and just a short drive to downtown Amherst. The main level features beautiful wood floors, a bright living room with picture window, and an open-concept modern kitchen with granite counters, a large island, and abundant cabinetry. The dining area overlooks the yard, while the family room opens to a spacious deck—perfect for relaxing or entertaining. Four bedrooms, two full baths, and first-floor laundry complete the main level. The finished lower level offers a media room, playroom, office, workout room, and guest room, providing endless possibilities. Enjoy a large, level fenced yard, new shed, two-car garage, and walkable neighborhood. Improvements include a new roof and furnace (2022), water heater (2025), and solar panels. Turnkey and ready to enjoy! Showings begin at the Open House 9/19, 11:00 AM–12:30 PM. Don’t miss this gem!
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 1,871 sq ft principal dwelling). Lot size: 20,278 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 • Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood, Window(s) - Picture
Dining Room
Lvl FirstFlooring - Wood, Window(s) - Picture
Kitchen
Lvl FirstCountertops - Stone/Granite/Solid, Kitchen Island, Remodeled, Stainless Steel Appliances
Office
Lvl BasementFamily Room
Lvl FirstFlooring - Wood, Deck - Exterior, Exterior Access, Slider
Primary Bedroom
Lvl FirstBathroom - Full, Closet, Flooring - Wood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstFlooring - Wood
Bedroom 4
Lvl FirstFlooring - Wood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall
Bathroom 3
Lvl BasementBathroom - Full, Bathroom - With Shower Stall
Listing Agent: Kate Hogan
Listing Office: Brick & Mortar
MLS® Number: 73578360