Investment Analysis — 185 Porter Lake Dr #185

Springfield, MA 01106

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01106 carries an estimated $2,600/mo in gross rent — about a 6.02% cap rate and $15,637/yr in estimated NOI at the $259,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

936

Style

Condominium

Built

1971

Welcome to this beautifully updated, well-cared-for condo located right near the Longmeadow line and a peaceful wooded park. Features an updated kitchen with granite countertops, a renovated half bath, and a spacious living room that steps out to a private patio surrounded by green, wooded views. Upper level includes two large bedrooms with ample closet space and a fully updated full bath. Offers a partially finished basement providing extra storage and living space, along with in-unit washer and dryer. There are 3 assigned parking spaces. Close to highway, shopping, and restaurants.

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 MLS and other third-party data may be inaccurate or out of date.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.