Two-Family Home with Large
461 Warren Wright Road Belchertown, MA 01007
461 Warren Wright Road, Belchertown, MA, 01007
$420,000
For Sale
$420,000
Updated two-family residence with finished garage space, separate electric meter, and a large backyard in a rural setting.
Property Size1,343 SF
Price / SF$312.73
Days on Market17
Property Features for 461 Warren Wright Road
General Information
- Standard status
- Active
- Size
- 1,343 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1974
Listing agency
William Raveis R.E. & Home Services
(413) 549-3700
Listed by
Roy Johnson · License #9049009
(413) 549-3700
Source
Compass
Added: Jul 5 Updated: Jul 20 at 4:55PM Checked: Jul 21 at 6:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Raveis R.E. & Home Services
Investment Insights
Based on property information with market context.
This updated two-family home offers updated and well-appointed kitchens and baths, with efficient heating provided by a Rinnai propane heater. The property includes a large backyard suited for outdoor activities and gardening. Additional finished space in the garage features a separate electric meter and a 3/4 bath, providing flexible use for entertaining, workshops, crafts, or storage.
Located in a rural setting close to Amherst, the property benefits from an owner-occupant or investor-friendly configuration with multiple areas for living and use. The garage space and separate electric meter can support independent use within the existing improvements.
The listing also notes the possibility of an accessory dwelling unit for additional income. First showings are scheduled for Friday, July 10th.
Located in a rural setting close to Amherst, the property benefits from an owner-occupant or investor-friendly configuration with multiple areas for living and use. The garage space and separate electric meter can support independent use within the existing improvements.
The listing also notes the possibility of an accessory dwelling unit for additional income. First showings are scheduled for Friday, July 10th.
Key Highlights
- 2‑family residence built in 1974 with 2 total full bathrooms
- Updated kitchen and bath interiors with wood, tile, vinyl/VCT, and carpet flooring
- Efficient heating with a Rinnai propane heater and window A/C units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.0k | $21.60 |
| − Vacancy | −$1.3k | −$0.96 |
| EGI | $27.7k | $20.64 |
| − OpEx | −$8.3k | −$6.19 |
| NOI | $19.4k | $14.45 |
1,343 SF · lease $21.60/SF/yr · vacancy 4.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$277.2K
$242.5K – $323.4K
NOI $19,401 @ 7.0% cap · market cap 4.62%
Second Best
Apartment 5plus
$253.4K
$221.7K – $295.7K
NOI $17,739 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$817.9K
$715.6K – $954.2K
NOI $57,250 @ 7.0% cap · market cap 13.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated two-family residence with finished garage space, separate electric meter, and a large backyard in a rural setting.
Where is this duplex located?
The property is located at 461 Warren Wright Road Belchertown, MA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 2‑family residence built in 1974 with 2 total full bathrooms; Updated kitchen and bath interiors with wood, tile, vinyl/VCT, and carpet flooring; Efficient heating with a Rinnai propane heater and window A/C units
