Investment Analysis — 143 Davenport St

Springfield, MA 01119

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01119 carries an estimated $1,860/mo in gross rent — about a 6.45% cap rate and $14,779/yr in estimated NOI at the $229,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

687

Style

Single Family

Built

1926

Showings to begin Tuesday 8/18. Cute as a button tucked away at the end of Davenport, close to local ponds, universities, parks, highways, Mass Mutual, MGM & more. Single floor living with convenient first floor laundry, recently renovated bathroom, new stainless steel appliances & more. The yard is partially fenced & very easy to maintain while also providing outdoor space to relax & enjoy. Gas heat keeps your bills more economical! Move right in & make it your own.

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: 344 sq ft (the lesser of 900 sq ft or half the 687 sq ft principal dwelling). Lot size: 3,912 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 MLS and other third-party data may be inaccurate or out of date.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.