2-Unit Duplex with Wood
98 Stockbridge Rd, Hadley, MA 01002
For Sale
$649,000
Pending
The residences offer separate three-bedroom and two-bedroom layouts, each with its own living room.
Property Size2,272 SF
Days on Market90
Property Features for 98 Stockbridge Rd
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Berkshire Hathaway HomeServices Realty Professionals
Listed By:
Burke Group
(413) 262-1565
Source:
Dreamegarealty
Added: Aug 13
Changed: Nov 8
Last Checked: Nov 9 at 9:13PM
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 Berkshire Hathaway HomeServices Realty Professionals
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Investment Insights
Based on property information with market context.
Built in 1880, this 2,272-square-foot duplex contains two distinct residences. The first-floor unit has three bedrooms, two full bathrooms, a living room, and a kitchen. Upstairs, the second unit includes two bedrooms, one bathroom, and a living room; an unfinished attic provides storage space. Wood flooring runs through both units. The property has two oil tanks, two electrical boxes, and two Burnham furnaces installed in 2020.
At 98 Stockbridge Road in Hadley, the property is a short distance from UMass and offers access to a shared backyard with views across farmland. Local colleges, shopping, and restaurants are also described as accessible from the property.
At 98 Stockbridge Road in Hadley, the property is a short distance from UMass and offers access to a shared backyard with views across farmland. Local colleges, shopping, and restaurants are also described as accessible from the property.
Key Highlights
- Two residences: a first‑floor 3‑bedroom, 2‑bath unit and an upper‑level 2‑bedroom, 1‑bath unit
- 2,272 square feet; built in 1880
- Two Burnham furnaces installed in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,821
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,420
$656.4K
Cap Rate 7%
$468,871
$468.9K
Cap Rate 9%
$364,678
$364.7K
Market Conditions
NOI Build-Up for 2,272 SF
Gross rent
$49.1K $21.60/SF
− Vacancy
−$2.2K −$0.96/SF
EGI
$46.9K $20.64/SF
− OpEx
−$14.1K −$6.19/SF
NOI
$32.8K $14.45/SF
Area
Hampshire County, MA
Vacancy
4.46%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,420
Cap Rate 7%
$468,871
Cap Rate 9%
$364,678
Alternative Uses
Best Use
Multifamily LT 5
$468.9K
$410.3K – $547.0K
NOI $32,821 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$428.7K
$375.1K – $500.2K
NOI $30,010 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,853 @ 7.0% cap · market cap 14.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 01002, MA
27,558
Population
11,089
Households
2.5
Avg Household Size
30
Median Age
74%
College-Educated
97%
High-School Grad
53.3 sq mi
ZIP Area
517
Density / Sq Mi
$69,411
Median Household Income
$22,570
Median Earnings
$1,561
Median Rent
$449,000
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Hampshire County, MA
Properties on Market for Duplexes in Hampshire County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The residences offer separate three-bedroom and two-bedroom layouts, each with its own living room.
Where is this duplex located?
The property is located at 98 Stockbridge Rd Hadley, MA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two residences: a first‑floor 3‑bedroom, 2‑bath unit and an upper‑level 2‑bedroom, 1‑bath unit; 2,272 square feet; built in 1880; Two Burnham furnaces installed in 2020
