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35 Rimmon Ave Springfield — Photo 1 of 41

35 Rimmon Ave Springfield — Photo 1 of 41

$299,900

Investment Analysis — 35 Rimmon Ave

Springfield, MA 01107

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01107 carries an estimated $2,370/mo in gross rent — about a 5.75% cap rate and $17,240/yr in estimated NOI at the $299,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,632

Style

Single Family

Built

1923

Step into a piece of history! This classic Colonial was the very first home constructed on this historic street and has been cherished by the same family since 1950. Inside, more than a century of character remains, with high ceilings, elegant wood-trimmed windows, a spacious living room centered around a fireplace, and a gracious dining room made for gathering. Recently removed carpeting revealed beautiful hardwood floors throughout the first level, with more wood floors waiting beneath the second floor carpeting. Upstairs are three bedrooms, including an impressively sized primary. A versatile rear first floor room with its own full bath offers exciting possibilities as an additional bedroom, office, studio, or hobby space. Even more potential awaits in the large unfinished attic and dry basement. Improvements include updated electrical, some newer plumbing, a newer boiler, and a water heater installed in 2024. Outside, enjoy an inviting front porch, manageable fenced backyard, and two-car garage. Located in Springfield's historic Gleenwood Section of Atwater Park, near the Chicopee line, with convenient access to Baystate Medical Center, shopping, parks, recreation, and area amenities.

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: 816 sq ft (the lesser of 900 sq ft or half the 1,632 sq ft principal dwelling). Lot size: 5,114 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.

Property Details

Financials

Original Price$299,900
Annual Taxes$4,374

Parking

Garage2
Off-Street5

Interior Specifications

Total Rooms7
Fireplaces1
FlooringWood, Tile, Carpet, Laminate
BasementFull, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingSteam, Natural Gas, Electric
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock, Brick/Mortar
ZoningR1

Property & Lot

Acres0.12
SqFt Lot5,114
Lot FeaturesCleared, Level

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2
Main,First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl Main,First

Flooring - Wood, Window(s) - Picture, Cable Hookup, Exterior Access, High Speed Internet Hookup, Archway, Decorative Molding

Dining Room
Lvl Main,First

Closet/Cabinets - Custom Built, Flooring - Wood, Lighting - Overhead

Kitchen
Lvl Main,First

Dining Area, Pantry, Cabinets - Upgraded, Country Kitchen, Lighting - Overhead

Primary Bedroom
Lvl Second

Closet, Flooring - Wall to Wall Carpet, Flooring - Wood, Lighting - Pendant, Lighting - Overhead

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Wood, Lighting - Overhead

Bathroom 1
Lvl Main,First

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Enclosed Shower - Fiberglass, Cabinets - Upgraded, Lighting - Overhead

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Countertops - Upgraded, Cabinets - Upgraded, Lighting - Overhead

Listing Provided By

Listing Agent: The Aimee Kelly Crew

Listing Office: eXp Realty LLC

MLS® Number: 73583182