Investment Analysis — 17 Pickering Street

Chicopee, MA 01013

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01013 carries an estimated $1,960/mo in gross rent — about a 4.07% cap rate and $13,826/yr in estimated NOI at the $339,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,050

Style

Single Family

Built

1963

Welcome home! Enjoy easy one-floor living in this inviting ranch-style home, ideally located for convenience and everyday comfort. A one-car attached garage adds ease and functionality. The kitchen was updated in 2021 with granite countertops. Kitchen appliancess to remain for buyers enjoyment. Additional updates include a concrete driveway (2024), Bath Fitter tub/shower (2023), electrical panel (2018), hot water tank (2021) and a boiler (2015), all APO. The bright and welcoming living room features beautiful hardwood flooring and an updated Anderson bay window, creating a comfortable space to relax. Step outside to enjoy the fenced-in backyard, complete with a patio added in 2020 and a storage shed—perfect for relaxing, entertaining, or enjoying the outdoors. With its convenient location, thoughtful updates, attached garage, and inviting outdoor space, this home is ready for its next owner. Don't miss the opportunity to make it yours—schedule your showing today!

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: 525 sq ft (the lesser of 900 sq ft or half the 1,050 sq ft principal dwelling). Lot size: 8,000 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.