Investment Analysis — 50 Bellevue Ave

Springfield, MA 01108

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 5-bedroom in 01108 carries an estimated $2,320/mo in gross rent — about a 4.97% cap rate and $18,652/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

4,267

Style

Single Family

Built

1901

Come see this beautiful historic home in Forest Park. Numerous updates have been completed with careful attention to the historic character of the home, with a couple projects left for you to put your own personal touches on. Enjoy all the natural light, the gorgeous wood work around the home, updated kitchen and bath, gas heat... The carriage house could be an amazing restoration project with numerous uses. The old pool should be filled in or a qualified professional should be consulted.

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 4,267 sq ft principal dwelling). Lot size: 18,483 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 MLS and other third-party data may be inaccurate or out of date.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