Investment Analysis — 185 Redfern Dr

Longmeadow, MA 01106

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01106 carries an estimated $3,190/mo in gross rent — about a 4.30% cap rate and $19,984/yr in estimated NOI at the $465,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,758

Style

Single Family

Built

1966

CENTER OF TOWN RANCH! Centrally located this home sits back from the street with privacy. Welcoming front porch with brick accent wall greets you. Open floor plan living room and dining room with hardwood floors overlooking the rear yard. Family room with a wood burning fireplace and a slider to a patio. Large eat-in kitchen with plenty of cabinets and adjacent first floor laundry. Foyer with slate flooring. Bedroom wing has a door to ensure privacy - all bedrooms with hardwood floors. The primary bedroom includes a walk-in closet and 3/4 ensuite bath. Open basement with hatchway could be developed into additional living space if needed. Two car garage and turnaround at the top of the driveway. Updated heating & cooling system and 200-amp circuit breaker box add to value and peace of mind. In-ground lawn sprinklers. With some updates this home will shine!

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: 879 sq ft (the lesser of 900 sq ft or half the 1,758 sq ft principal dwelling). Lot size: 20,000 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.