Active Under Contract

14 Days on market

132 Prokop Ave Ludlow — Photo 1 of 37

$365,900

Investment Analysis — 132 Prokop Ave

Ludlow, MA 01056

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01056 carries an estimated $2,130/mo in gross rent — about a 4.07% cap rate and $14,894/yr in estimated NOI at the $365,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,152

Style

Single Family

Built

1959

Move right in and enjoy this beautifully maintained ranch where pride of ownership shows throughout! The bright, comfortable layout features hardwood floors, central air, a spacious living room with picture window, and a kitchen with stone/granite-style countertops. The third bedroom is currently being used as a dining room, with the closet converted to convenient main-level laundry. Prefer the bedroom instead? There is also a laundry hookup in the basement, giving you the flexibility to easily use the space to suit your needs. The family room opens directly to the composite deck and an **extremely private, fenced backyard**—a wonderful space for relaxing, entertaining, pets or play. The partially finished walkout basement adds even more usable space with a bonus/family room and second full bath. An attached garage, paved driveway, storage shed, city water and sewer complete the package. A beautifully cared-for home that is ready to enjoy!

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: 576 sq ft (the lesser of 900 sq ft or half the 1,152 sq ft principal dwelling). Lot size: 12,458 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.