43 Pine Acre Rd Springfield — Photo 1 of 40
$339,900
Investment Analysis — 43 Pine Acre Rd
Springfield, MA 01129
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01129 carries an estimated $1,910/mo in gross rent — about a 3.71% cap rate and $12,621/yr in estimated NOI at the $339,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,080
Style
Single Family
Built
1948
"Fall" in love with this recently remodeled ranch located on the Spfld/Wilbraham line. This home was completely remodeled inside and out, it also features an open concept living space with amazing cathedral ceilings. Tucked away in sixteen acres on the Spfld/Wilbraham line, this beautiful home boasts many 2018 upgrades including: NEWER roof, NEWER siding, NEWER energy efficient windows, NEWER gas forced air heating system with air conditioning unit. A beautifully designed and updated kitchen features NEWER granite counter tops, NEWER cabinets, and stainless steel appliances. The first floor full bath as has a fresh 2018 remodel with high quality updates including tiled tub/shower, tile floors, and a granite vanity. Both the primary bedroom and secondary bedroom are nicely sized with H/W flooring and ceiling fans. Make your way downstairs to a gorgeous finished basement featuring 2 separate rooms perfect for entertaining, extra living space, or even another room option. Don't miss out on this one of a kind home, Definitely a must see!!
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: 540 sq ft (the lesser of 900 sq ft or half the 1,080 sq ft principal dwelling). Lot size: 12,101 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 First23 x 13
Cathedral Ceiling(s), Ceiling Fan(s), Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Remodeled
Dining Room
Lvl Main,First13 x 9
Cathedral Ceiling(s), Flooring - Hardwood, Recessed Lighting, Remodeled
Kitchen
Lvl First12 x 7
Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Remodeled, Stainless Steel Appliances
Primary Bedroom
Lvl First13 x 10
Ceiling Fan(s), Closet, Flooring - Hardwood, Remodeled
Bedroom 2
Lvl First10 x 10
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl BasementBathroom - Half, Flooring - Stone/Ceramic Tile, Remodeled
Listing Agent: Kelsey & Ireland Team
Listing Office: Lock and Key Realty Inc.
MLS® Number: 73584400
