Investment Analysis — 35 Thayer Ave

Springfield, MA 01108

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01108 carries an estimated $2,150/mo in gross rent — about a 6.73% cap rate and $16,479/yr in estimated NOI at the $244,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,482

Style

Single Family

Built

1909

Charm, character, and inviting living spaces await in this 3-bedroom, 1.5-bath Colonial offering approximately 1,482 square feet! The spacious living room features wood flooring, crown molding, and an open staircase, while wide doorways create an easy flow into the adjoining dining room. White kitchen cabinetry adds a bright touch, and a room with a wood-plank ceiling and abundant windows brings additional warmth and personality to the home.Enjoy outdoor space for gardening, relaxing, or gathering with guests, along with a paved driveway offering parking for two vehicles. A full basement provides additional storage, and a generator hookup adds convenience. Bring your personal touches and make this charming Colonial 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: 741 sq ft (the lesser of 900 sq ft or half the 1,482 sq ft principal dwelling). Lot size: 5,367 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 MLS and other third-party data may be inaccurate or out of date.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.