7 Gold St Westfield — Photo 1 of 22
$389,900
Investment Analysis — 7 Gold St
Westfield, MA 01085
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 4-bedroom in 01085 carries an estimated $2,170/mo in gross rent — about a 3.88% cap rate and $15,111/yr in estimated NOI at the $389,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,248
Style
Single Family
Built
1920
Welcome home to this charming Cape-style residence offering 4 bedrooms,2 full bathrooms, and a versatile finished basement.The main living areas offer a warm and inviting atmosphere with plenty of space for everyday living. On the second level there are 4 bedrooms, providing flexibility for family, guests, a home office, or additional living space. The finished basement adds valuable square footage with an additional finished room that can be used as a bedroom, family room, gym, hobby space or guest area or for what ever your needs may be. Enjoy outdoor living on the small back deck off of the kitchen, perfect for morning coffee, grilling or relaxing at the end of the day. A one car garage provides convenient parking and additional storage. Whether you’re looking for room to grow, space to work from home, or simply a comfortable home with plenty of flexibility, this Cape is ready to welcome you! DRIVEWAY SPLITS DOWN THE MIDDLE, PROPERTY HAS BEEN SUBDIVIDED. FINAL PAPERWORK AND DOCUMENTATION ARE FORTHCOMING AND WILL BE PROVIDED WHEN AVAILABLE. ALL INFORMATION AS PER OWNER / SHOWINGS BEGIN ON SAT 9/19 AFTER THE OPEN HOUSE
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: 624 sq ft (the lesser of 900 sq ft or half the 1,248 sq ft principal dwelling).
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
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Laminate, Window(s) - Bay/Bow/Box, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting
Kitchen
Lvl Main,FirstCloset, Flooring - Laminate, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead
Primary Bedroom
Lvl SecondWalk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondWalk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bedroom 4
Lvl SecondWalk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Ceiling Fan(s), Closet - Linen, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Lighting - Sconce, Lighting - Overhead
Bathroom 2
Lvl BasementBathroom - Full, Bathroom - With Shower Stall, Ceiling Fan(s), Flooring - Laminate, Window(s) - Bay/Bow/Box, Lighting - Sconce, Lighting - Overhead
Listing Agent: Shannon Lemonde
Listing Office: Executive Real Estate, Inc.
MLS® Number: 73577667