
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Main,FirstFlooring - Wood, Window(s) - Picture, Cable Hookup, Exterior Access, High Speed Internet Hookup, Archway, Decorative Molding
Dining Room
Lvl Main,FirstCloset/Cabinets - Custom Built, Flooring - Wood, Lighting - Overhead
Kitchen
Lvl Main,FirstDining Area, Pantry, Cabinets - Upgraded, Country Kitchen, Lighting - Overhead
Primary Bedroom
Lvl SecondCloset, Flooring - Wall to Wall Carpet, Flooring - Wood, Lighting - Pendant, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wood, Lighting - Overhead
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Enclosed Shower - Fiberglass, Cabinets - Upgraded, Lighting - Overhead
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Countertops - Upgraded, Cabinets - Upgraded, Lighting - Overhead
Listing Agent: The Aimee Kelly Crew
Listing Office: eXp Realty LLC
MLS® Number: 73583182








