Investment Analysis — 43 Cornell St

Springfield, MA 01109

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01109 carries an estimated $2,360/mo in gross rent — about a 6.09% cap rate and $18,884/yr in estimated NOI at the $310,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,252

Style

Single Family

Built

1910

Welcome to 43 Cornell St in Springfield! This beautifully renovated 4-bedroom, 1-bathroom home offers over 2,000 square feet of spacious, move-in-ready living. The property has been completely updated throughout, featuring a brand-new kitchen with new appliances, a beautifully renovated bathroom, and updated plumbing and electrical. All four bedrooms are generously sized, providing plenty of space and flexibility. With extensive renovations already completed and a spacious floor plan, all that’s left to do is move in and enjoy. Don’t miss your opportunity to own this beautifully updated home!

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: 900 sq ft (the lesser of 900 sq ft or half the 2,252 sq ft principal dwelling). Lot size: 5,158 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 MLS and other third-party data may be inaccurate or out of date.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.