Investment Analysis — 63 Meadowlark Dr

Longmeadow, MA 01106

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01106 carries an estimated $3,190/mo in gross rent — about a 5.07% cap rate and $21,549/yr in estimated NOI at the $425,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,366

Style

Single Family

Built

1960

Charming, light-filled 1960s split-level home offering 1,366 sq ft of living space on a spacious 0.35-acre lot. This well-maintained property features 3 bedrooms, with potential for a 4th bedroom on the lower level, and 1.5 bathrooms. Located in a family-oriented neighborhood, the home is within walking distance to the local elementary school and part of the highly regarded Longmeadow school system. Hardwood floors run through the living room and upper-level bedrooms, complemented by abundant closet space throughout. The kitchen is equipped with an electric stove, refrigerator, dishwasher, and ceiling fan. Comfort is ensured year-round with natural gas baseboard hot water heating and multiple in-room air-conditioning units.

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: 683 sq ft (the lesser of 900 sq ft or half the 1,366 sq ft principal dwelling). Lot size: 15,125 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 MLS and other third-party data may be inaccurate or out of date.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.