47 Hartford Ter Springfield — Photo 1 of 25
$369,900
Investment Analysis — 47 Hartford Ter
Springfield, MA 01118 — East Forest Park
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01118 carries an estimated $2,380/mo in gross rent — about a 4.81% cap rate and $17,775/yr in estimated NOI at the $369,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,502
Style
Single Family
Built
1927
Presenting an exceptional opportunity at 47 Hartford Terrace in East Forest Park. A meticulously remodeled single-family home. This property, embodies refined living through a comprehensive renovation that elevates its classic architecture with contemporary sophistication. The heart of this home is undoubtedly its custom kitchen, a culinary delight equipped with the always desirable kitchen island for additional prep space and storage, new SS appliances, soft close cabinets and elegant stone and butcher block countertops. A spacious living room flows beautifully through french doors to a sunroom. a half bath and 1st floor laundry finish out the main floor. The second floor offers 3 good sized bedrooms and a completely renovated full bath with tile floors. 4 mini-splits have been added to offer both heating and cooling. Updated wiring throughout. New insulation. New water tank, All new windows and doors.
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: 751 sq ft (the lesser of 900 sq ft or half the 1,502 sq ft principal dwelling). Lot size: 6,321 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 • Microwave • Washer • Dryer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCloset, French Doors, Exterior Access, Lighting - Overhead
Dining Room
Lvl Main,FirstOpen Floorplan, Remodeled, Lighting - Pendant
Kitchen
Lvl Main,FirstCountertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floorplan, Remodeled, Stainless Steel Appliances, Lighting - Pendant
Office
Lvl MainFrench Doors, Lighting - Overhead
Primary Bedroom
Lvl SecondCloset
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Main,FirstBathroom - Half, Dryer Hookup - Electric, Washer Hookup
Listing Agent: Christine Strohman
Listing Office: Keller Williams Realty
MLS® Number: 73580499
