Investment Analysis — 104 Alden St

Springfield, MA 01109

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 6-bedroom in 01109 carries an estimated $2,360/mo in gross rent — about a 6.53% cap rate and $17,948/yr in estimated NOI at the $275,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,089

Style

Single Family

Built

1912

6 BEDROOMS. 2 FULL BATHROOMS. OVER 2,000 SQ FT. UNDER $300K! If space is what you’ve been searching for, 104 Alden Street deserves your attention.This spacious home offers a flexible layout with room for everyone. The main level features a comfortable living room, dining area, kitchen, and full bathroom. Upstairs you’ll find three generously sized bedrooms and a second full bathroom, while the finished third floor provides THREE additional bedrooms—ideal for home offices, guest space, hobbies, or simply having the extra room you’ve been looking for.With more than 2,000 square feet of living space, six bedrooms, two full bathrooms, off-street parking, and a manageable yard, this home offers serious value at its current price.If you’ve been scrolling past homes that feel too small for the money, THIS is the one you need to see in person. There is so much potential here to make the space your own.Don’t wait for someone else to see the opportunity first—schedule your private showing of 104 Alden Street today!

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: 900 sq ft (the lesser of 900 sq ft or half the 2,089 sq ft principal dwelling). Lot size: 6,970 sq ft.

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.