Two-Unit Duplex with Farmland
For Sale
$649,000
98 Stockbridge St, Hadley, MA
Separate apartments provide flexible layouts, wood flooring, and shared access to a large backyard overlooking farmland.
Property Size2,272 SF
Price / SF$285.65
Days on Market54
Property Features for 98 Stockbridge St
General Information
Standard status
Active
Size
2,272 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$5,008
Listing Agency:
Berkshire Hathaway HomeServices Realty Professionals
(413) 568-2405
Listed By:
Burke Group
(413) 262-1565
Source:
Exprealty
Added: Aug 13
Changed: Oct 2
Last Checked: Oct 4 at 1:42PM
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
Investment Insights
Based on property information with market context.
This duplex contains two distinct residential units within a 2,272-square-foot property. The first-floor apartment includes three bedrooms, two full bathrooms, a living room, and a spacious kitchen. Upstairs, the second unit offers two bedrooms, one full bathroom, a living room, and an unfinished attic suitable for storage or additional living space. Wood flooring is featured in both apartments.
Outdoor space includes a large shared backyard with views across surrounding farmland. The property is a short distance from UMass and offers access to local colleges, shopping, and restaurants. Building systems include two oil tanks, two electrical boxes, and two newer Burnham furnaces installed in 2020.
Outdoor space includes a large shared backyard with views across surrounding farmland. The property is a short distance from UMass and offers access to local colleges, shopping, and restaurants. Building systems include two oil tanks, two electrical boxes, and two newer Burnham furnaces installed in 2020.
Key Highlights
- First‑floor unit with 3 bedrooms, 2 full bathrooms, living room, and spacious kitchen
- Second‑floor unit with 2 bedrooms, 1 full bathroom, living room, and unfinished attic
- 2,272 square feet with wood flooring in both units
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.
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Current Use
Location Intelligence
Trade Area within ½ mile
294
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate apartments provide flexible layouts, wood flooring, and shared access to a large backyard overlooking farmland.
Where is this duplex located?
The property is located at 98 Stockbridge St 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: First‑floor unit with 3 bedrooms, 2 full bathrooms, living room, and spacious kitchen; Second‑floor unit with 2 bedrooms, 1 full bathroom, living room, and unfinished attic; 2,272 square feet with wood flooring in both units
