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11 Days on market

16 Oak St Southwick — Photo 1 of 41

$435,000

Investment Analysis — 16 Oak St

Southwick, MA 01077

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01077 carries an estimated $2,220/mo in gross rent — about a 3.45% cap rate and $14,990/yr in estimated NOI at the $435,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,682

Style

Single Family

Built

1950

Tucked away on a corner lot along a dead end street, this Southwick cottage style bungalow offers beautiful year round water views of Congamond Middle Pond and the surrounding landscape. The home features three bedrooms, two full bathrooms, and approximately 1,682 square feet of living space, with driveways at both the front and rear of the property for added convenience. Inside, the kitchen provides plenty of cabinet space, while the living room features a cathedral ceiling that adds to its open and inviting feel. Both full bathrooms include jetted tubs, and a flexible space near the primary bedroom could serve as a small office or nursery. Additional features include central air conditioning, oil forced hot air heat, public water, municipal sewer, ample closet space, and an unfinished basement for utilities and storage. Updates include a 2021 hot water heater, a 2022 roof, and a 2024 Sunrun solar energy system. Lake recreation awaits, with association beach access via Island Pond Rd available by joining Congamond Heights Association and paying annual dues. Boat docking is subject to availability, association approval, and additional fees. Enjoy the changing seasons and scenic water views from this uniquely situated Southwick home.

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: 841 sq ft (the lesser of 900 sq ft or half the 1,682 sq ft principal dwelling). Lot size: 9,100 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.