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240 Federal St Unit 240, Montague, MA, 01351

2beds
2baths
1,100sqft
$225,000
$205price/sqft
$1,817/moest. monthly cost
$72,680/yrincome needed

About This Home

Enjoy peaceful country living with convenient access to surrounding communities in this town house style condo. Located just 20 minutes from University of Massachusetts Amherst, downtown Amherst Center, and the popular Montague Bookmill, this property offers a great balance of privacy and accessibility. This two-bedroom condo occupies one side of a townhouse-style duplex and features an attached under garage plus generous backyard space. The spacious kitchen offers abundant cabinet storage and room for a dining table, creating a functional layout for everyday living and entertaining. A sliding glass door leads to a private deck overlooking the backyard—perfect for relaxing or enjoying the outdoors.The attached one-car garage provides covered parking and additional storage space with direct access into the home, while laundry is conveniently located in the basement.Passing Title V septic report attached. Open House Sunday May 24 12:00-2:00.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

--
4/10
3/10
Turners Fall High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1987

Materials

  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: Townhouse
  • Property subType: Condominium,Townhouse

Interior

Appliances

  • Appliances included: Range,Dishwasher,Refrigerator,Washer,Dryer
  • Laundry features: In Unit,Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes

Bathroom1

  • Features: Bathroom - Half
  • Level: First

Bathroom2

  • Features: Bathroom - Full
  • Level: Second

Bedroom2

  • Features: Flooring - Wall to Wall Carpet
  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Laminate
  • Finished area above ground: 1,100
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Natural Gas,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,100
  • Total interior livable area: 1,100 sqft

Kitchen

  • Features: Flooring - Laminate, Deck - Exterior, Exterior Access, Slider
  • Level: First

Living Room

  • Features: Flooring - Wall to Wall Carpet
  • Level: First

Master Bedroom

  • Features: Flooring - Wall to Wall Carpet
  • Level: Second

Property

Details

  • Parcel number: M:0040 B:004B L:75,3109345
  • Zoning: RB

Features

  • Patio & porch: Deck
  • Exterior features: Deck

Lot

  • Lot size: 0.62 Acres

Parking

  • Total spaces: 4
  • Parking features: Under,Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,137$13,644
Home Insurance *$79$948
Property Taxes $247$2,964
Electricity $354$4,259
Total$1,817$21,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,297/yr
40% on housing$54,510/yr
45% on housing$48,453/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$205This listing

vs Other Active Listings

Avg $/sqft

ZIP 01351—
Franklin County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 01351$245
Franklin County$237

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-07Contingent$225,000
2026-07-29Price change$225,000
2026-07-02Price change$242,500
2026-06-30Pending sale$255,000
2026-06-16Contingent$255,000
2026-05-22Listed for sale$255,000
2025-11-15Listing removed$242,900
2025-10-07Price change$242,900
2025-08-21Listed for sale$247,900

For Sale by Agent

AgentDaniel James Piasecki
BrokerageColdwell Banker Community REALTORS®

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