Investment Analysis — 3 Field St

Southwick, MA 01077

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01077 carries an estimated $1,810/mo in gross rent — about a 4.66% cap rate and $13,922/yr in estimated NOI at the $299,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

864

Style

Single Family

Built

1950

Welcome to 3 Field Street! This charming 2-bedroom ranch offers comfortable one-level living in a great Southwick location. Inside, you'll find a bright, well-maintained interior featuring hardwood floors, an updated kitchen with white cabinetry and stainless steel appliances, and inviting living spaces filled with natural light. The home also offers two bedrooms, a full bath and the convenience of first-floor laundry. Outside, enjoy a spacious fenced backyard with plenty of room to relax, garden, play or entertain, along with a deck for outdoor enjoyment. Even better, enjoy access to Congamond Lake through the neighborhood beach association, plus nearby access to the Southwick Rail Trail for walking, running and biking. Set on a .35-acre lot with vinyl siding and a paved driveway, this move-in-ready home offers an easy-to-manage footprint while still providing great indoor and outdoor space. A wonderful opportunity to enjoy all that Southwick has to offer! Open House Sunday 10/4 12:00PM - 2:00PM.

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: 432 sq ft (the lesser of 900 sq ft or half the 864 sq ft principal dwelling). Lot size: 15,242 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.