Investment Analysis — 169 Slater Ave

Springfield, MA 01119 — Boston Road

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01119 carries an estimated $2,280/mo in gross rent — about a 5.88% cap rate and $17,628/yr in estimated NOI at the $299,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

960

Style

Single Family

Built

1956

STUNNING REIMAGINED RANCH! Someone took a dream that you had and made it happen! All done and ready to move in. Modern open-concept. New Appliances, Quartz Counter Tops and deep sink. Bright and Sunny ! It has tile and wood floors. New Kitchen, New Bathroom. CAIR, gorgeous wood floors. 1/2 Finished basement for a great media room. Listen, this place is so darn nice, you better get yourself over there and check it out. It is easy to show! Financing fell through, this is your opportunity!

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: 480 sq ft (the lesser of 900 sq ft or half the 960 sq ft principal dwelling). Lot size: 11 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 MLS and other third-party data may be inaccurate or out of date.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.