Investment Analysis — 36 Leno Rd

Holland, MA 01521

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01521 carries an estimated $1,780/mo in gross rent — about a 3.12% cap rate and $12,001/yr in estimated NOI at the $384,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,200

Style

Single Family

Built

2000

Welcome home to this beautifully situated 2-bedroom, 1-bath property offering the perfect blend of country living and functional space. Nestled on a sprawling, flat 1.22-acre lot, this home greets you with a bright, front-to-back living room that serves as an inviting centerpiece for everyday relaxation. The expansive, U-shaped kitchen features abundant counter space and opens seamlessly into a dedicated dining area, making meal prep and entertaining a breeze. The lower level provides incredible versatility, featuring a generous space ideal for a future family room, alongside two additional bonus rooms—perfect for home offices, a gym, or guest spaces. Hobbyists and creators will fall in love with the dedicated workshop equipped with built-in workbenches. Peace of mind comes standard with a brand-new well pump and pressure tank, plus a successfully passed Title V inspection. Outside, enjoy a massive flat yard complete with a handy storage shed and a convenient 2-car carport. Don't miss out on this fantastic opportunity!

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: 600 sq ft (the lesser of 900 sq ft or half the 1,200 sq ft principal dwelling). Lot size: 53,579 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.