Investment Analysis — 14 Taylor St

Chicopee, MA 01020 — Chicopee Falls

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01020 carries an estimated $2,290/mo in gross rent — about a 5.31% cap rate and $17,898/yr in estimated NOI at the $336,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,950

Style

Single Family

Built

1920

History and modern style combined, 14 Taylor St, Chicopee, MA property offers open floor plan with living room, dining room and a rare family room and one spacious bedroom on the first floor with 1st full bath. 2nd floor offers 3 bedrooms with 2nd full bath with laundry facility and small functioning kitchen! Fully renovated basement with game room, playroom, or office and 3rd full bath with laundry facility gives the new buyer many opportunities! This property presents a unique opportunity for a larger family with extended family members. 3 full bathrooms throughout the house ensures convenience and comfort for residents and guests alike. Situated on a generously large lot, this property offers considerable outdoor potential, family gatherings, children playing outside, gardening and more parking! Many updates include new roof, new windows, natural gas heating recently! Conveniently located near local schools, shopping, dining, parks, and provides easy access to other towns! Come see the potential.

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 1,950 sq ft principal dwelling). Lot size: 9,525 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.