Investment Analysis — 1304 Elm St. #3C

West Springfield, MA 01089

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01089 carries an estimated $1,560/mo in gross rent — about a 5.45% cap rate and $9,485/yr in estimated NOI at the $174,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

752

Style

Condominium

Built

1967

BACK ON MARKET DUE TO FINANCING. Your chance is here! Own your own home instead of renting! This move-in ready and affordable condo is the perfect opportunity for first-time buyers, college students, investors, or snowbirds seeking easy, low-maintenance living. Enjoy low condo fees that include your water bill! Inside, you’ll find a bright open-concept living and dining area with wall A/C and economical electric baseboard heat with individual thermostats. The cozy kitchen features new appliances, while the updated bathroom, fresh paint, and new flooring throughout provide a modern, turnkey feel. Two spacious bedrooms offer ample closet space and natural light. Additional conveniences include assigned parking space #15, visitor parking, and updated on-site laundry facilities with mobile app and coin-operated payment options. Rarely available Elm Court Condominiums are ideally located near Riverdale Street shopping, dining, and major highways including I-91 and the Mass Pike.

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 MLS and other third-party data may be inaccurate or out of date.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.