17 Oakridge St Ludlow — Photo 1 of 33
$479,000
Investment Analysis — 17 Oakridge St
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 2.58% cap rate and $12,364/yr in estimated NOI at the $479,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,013
Style
Single Family
Built
1957
SINGLE FLOOR LIVING with more space than you expect! The main level offers a spacious living room with hardwood floors, a large picture window and stone hearth fireplace. The dining area flows into a renovated kitchen with white cabinetry, stone countertops, tile backsplash, breakfast bar and tile flooring. Just beyond, the enclosed sunroom is lined with windows and overlooks the private yard. Three bedrooms with hardwood floors are located on the main level, along with a full bath featuring a double vanity and tile flooring. An additional room offers space for an office, den or fourth bedroom. The finished lower level expands the living space with a large family room, fireplace, additional bedroom, full bath, laundry area and a separate room for crafts, hobbies or an office. A two car garage, brick exterior and spacious yard complete the property. Enjoy the ease of having everything you need on the main level, with the added benefit of finished space below. Be HOME for the Holidays! Open House, Saturday, October 3rd from 12:00pm-1:30pm.
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 2,013 sq ft principal dwelling). Lot size: 10,454 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Shopping • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Window(s) - Picture, Cable Hookup, Open Floorplan
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Breakfast Bar / Nook, Open Floorplan, Remodeled, Stainless Steel Appliances
Office
Lvl FirstFlooring - Wall to Wall Carpet
Primary Bedroom
Lvl FirstCloset, Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCloset, Flooring - Hardwood
Bedroom 4
Lvl BasementFlooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded
Bathroom 2
Lvl BasementBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Flooring - Laminate
Listing Agent: Marisol Franco
Listing Office: Coldwell Banker Realty - Western MA
MLS® Number: 73583525
