Investment Analysis — 48 Dana St

Springfield, MA 01104

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01104 carries an estimated $2,230/mo in gross rent — about a 4.86% cap rate and $16,034/yr in estimated NOI at the $329,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,383

Style

Single Family

Built

1946

Welcome to this beautifully updated, turnkey Cape-style home offering exceptional value and comfort. Fully transformed from top to bottom, this home features Luxury LVP flooring throughout. The kitchen showcases modern cabinetry, Calacatta quartz countertops, and brand-new stainless steel appliances, creating a bright and functional space perfect for everyday living. The main level offers a spacious living room, a well-proportioned bedroom, and a fully updated bathroom featuring modern finishes. The upper level provides two additional bedrooms, and a full bathroom with porcelain tile finishes. Enjoy added convenience with a private backyard perfect for entertaining. Close to shopping, dining, and all local amenities. This is one you won't want to miss. Showings will begin at the first Open House 9/26/26 11:00AM-12:30PM.

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: 692 sq ft (the lesser of 900 sq ft or half the 1,383 sq ft principal dwelling). Lot size: 5,502 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 MLS and other third-party data may be inaccurate or out of date.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.

No longer available to tour