Investment Analysis — 32-34 Joy Street

Ludlow, MA 01151

Based on rent reported on the MLS listing, a 8-unit multi-family in 01151 carries $11,040/mo in gross rent — about a 9.65% cap rate and $91,718/yr in estimated NOI at the $950,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

5,530

Style

5-9 Family

Built

1900

32-34 Joy St contains eight (8) 2-Bedroom/1-Bathroom units with 5,530 square feet of gross living area in 8,382 square feet of gross area. The Property is situated upon a 0.25-acre parcel and features eight (8) off-street parking spaces. 32-34 Joy Street is well-positioned in a convenient residential neighborhood of Ludlow, offering easy access to the town center, local shopping, and surrounding residential communities. The Property benefits from excellent connectivity to major regional roadways including Center Street (Route 21), Route 141, and the Massachusetts Turnpike (Interstate 90), providing efficient access to Springfield, Chicopee, and the broader Pioneer Valley. Tenants are responsible for gas-powered heat, separately metered hot water, and separately metered electricity. The Landlord is responsible for providing city water & sewer, which they pay directly.

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 MLS and other third-party data may be inaccurate or out of date.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