Investment Analysis — 39 Lawnwood St

Springfield, MA 01119 — Pine Pt Bstn Rd

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01119 carries an estimated $1,860/mo in gross rent — about a 5.21% cap rate and $14,006/yr in estimated NOI at the $269,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

850

Style

Single Family

Built

1954

Well maintained home offering convenient one-level living on a quiet dead-end street! Built to last with hardwood floors and beautiful natural woodwork. Enjoy central air, rented solar panels with little to no electric bill, a fireplace, enclosed porch, fenced yard, in-ground sprinklers, spacious garage, and large shed. The basement offers fantastic potential to finish for additional living space. Updated electrical panel and ADT security. Close to shopping, restaurants, highways, and a bus line. Quality, comfort, energy savings, and room to grow, this one is a must-see! For an extra peace of mind, seller is including a Home Warranty.

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: 425 sq ft (the lesser of 900 sq ft or half the 850 sq ft principal dwelling). Lot size: 8,999 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 MLS and other third-party data may be inaccurate or out of date.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.