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196 Clarendon Ave Chicopee — Photo 1 of 40

$315,000

Investment Analysis — 196 Clarendon Ave

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 4.30% cap rate and $13,559/yr in estimated NOI at the $315,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,028

Style

Single Family

Built

1949

Welcome to 196 Clarendon Ave, a single level ranch where the big projects are already done. The home was fully remodeled within the past three years with new flooring, trim and paint throughout, a new electric panel and water heater, and a newer gas furnace. In 2026 the current owners added a new roof and a new main sewer line, two items buyers rarely get to cross off the list. The layout places the bedrooms in two separate wings, giving each side its own privacy, which is uncommon in a home of this size. The kitchen offers white cabinetry and stainless appliances, and the living spaces are bright with easy care floors. The enclosed front porch fills with natural light and makes a comfortable spot to relax any time of year. Outside you will find a level, fenced yard, a detached one car garage and off street parking. The full basement has interior and exterior access, laundry with washer and dryer included, and plenty of room for storage. Natural gas heat and hot water, city water and sewer, and aluminum siding keep upkeep simple. Close to shopping, parks and public transportation, with quick access to Interstate 391 and the Mass Pike. Showings begin at the Open House Sat 10/3 at 12:30pm

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: 514 sq ft (the lesser of 900 sq ft or half the 1,028 sq ft principal dwelling). Lot size: 6,955 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.