Investment Analysis — 35 Merrimac Ave

Springfield, MA 01104

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01104 carries an estimated $2,230/mo in gross rent — about a 5.98% cap rate and $16,443/yr in estimated NOI at the $274,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,122

Style

Single Family

Built

1946

Charming 3 bedroom, 1.5 bath Cape offering the perfect blend of character and functionality. Beautiful hardwood floors throughout much of the home, creating a warm and inviting atmosphere. The flexible floor plan provides ample living space with four generously sized bedrooms and convenient half bath. Enjoy outdoor living in the fully fenced backyard, ideal for pets, play, gardening, or entertaining. Conveniently located near shopping, dining, schools, and major routes, this home presents an excellent opportunity for owner-occupants or investors alike. Don't miss your chance to make this well-maintained Cape your own!

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: 561 sq ft (the lesser of 900 sq ft or half the 1,122 sq ft principal dwelling). Lot size: 4,622 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 MLS and other third-party data may be inaccurate or out of date.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.