Active

102 Days on market

53 Devens St Springfield — Photo 1 of 40

$380,000

Investment Analysis — 53 Devens St

Springfield, MA 01151

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01151 carries an estimated $2,480/mo in gross rent — about a 5.67% cap rate and $21,536/yr in estimated NOI at the $380,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,742

Style

Single Family

Built

1925

Welcome to your dream home! Enjoy peace of mind with all-new essentials, including the roof, windows, siding, furnace, central air as well as new kitchen and baths! Everything has been done! This stunning, like-new 4-bedroom, 3 full bath residence has been completely renovated from top to bottom, with all updates completed in 2026. Step inside to an inviting foyer that leads to a spacious first floor, featuring a cozy living room, dining room, kitchen with pantry, a full bath, and a convenient first-floor bedroom. All New! The second floor offers a luxurious primary suite with an en-suite bathroom and walk-in closet, along with two additional bedrooms and another full bath providing plenty of room for everyone. All New! This beautifully updated home perfectly blends comfort and style, ideally located near amenities and parks. Don’t miss your chance to make this stunning property your own! Schedule a showing today!

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: 871 sq ft (the lesser of 900 sq ft or half the 1,742 sq ft principal dwelling). Lot size: 5,998 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.