Investment Analysis — 185 Chudy St

Palmer, MA 01080 — Three Rivers

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01080 carries an estimated $2,100/mo in gross rent — about a 5.17% cap rate and $14,979/yr in estimated NOI at the $289,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,170

Style

Single Family

Built

1960

BACK ON THE MARKET- buyer couldn’t obtain financing. On a corner lot, at the end of a highly desirable street in the heart of Three Rivers - this 3 Bedroom Ranch has plenty to offer! The exterior of the home offers a large usable yard, beautiful flowering bushes, two new decks, new gutters and a full-yard sprinkler system. Inside, be welcomed by a wide foyer area leading to a modern, updated kitchen with Stainless Steel appliances, gleaming granitite counters and a large dining area. The main level also homes a sizeable living room, three bedrooms and hardwood floors throughout. Downstairs you'll find an exciting bonus room which could be used as a game room, office, or extra living space- your choice! Schedule your private showing quickly, this home will not last!

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: 585 sq ft (the lesser of 900 sq ft or half the 1,170 sq ft principal dwelling). Lot size: 13,503 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 MLS and other third-party data may be inaccurate or out of date.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.