Investment Analysis — 17 Royal St

Agawam, MA 01001

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01001 carries an estimated $1,910/mo in gross rent — about a 4.73% cap rate and $13,914/yr in estimated NOI at the $294,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

992

Style

Single Family

Built

1940

Welcome home to this charming Cape, where classic character meets fresh, modern updates! Step inside and you’ll immediately appreciate the bright, inviting feel and new flooring throughout. The beautifully refreshed kitchen features new cabinetry, warm butcher block countertops, new appliances, and updated lighting, creating a space that feels both stylish and welcoming. The bathroom has also received a gorgeous makeover with beautiful tile work, a new vanity, new toilet, and updated finishes.The home’s comfortable layout makes great use of the space, while the basement offers plenty of additional potential—whether you envision a workshop, home gym, hobby area, extra storage, or simply room to make your own. Outside, you’ll find a spacious backyard with room to relax, entertain, garden, or enjoy time outdoors, plus the convenience of a two-car garage.Located in a convenient Agawam location close to shopping, dining, recreation, and everyday amenities, this home offers a wonderful combination of charm, updates, outdoor space, and functionality. So much of the work has already been done—just bring your personal touches and make it yours. Don’t miss the opportunity to see this one in person!

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: 496 sq ft (the lesser of 900 sq ft or half the 992 sq ft principal dwelling). Lot size: 10,000 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.