Investment Analysis — 65 Fargo St

Springfield, MA 01119

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01119 carries an estimated $2,280/mo in gross rent — about a 5.92% cap rate and $17,740/yr in estimated NOI at the $299,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,348

Style

Single Family

Built

1927

Welcome to 65 Fargo St. This beautifully renovated bungalow has been thoughtfully updated from top to bottom and is move-in ready. Inside, you'll find bright, inviting living spaces and a stylish kitchen featuring brand-new appliances. The finished bonus room in the basement offers flexible space for a home office, gym, playroom, or additional living area.Outside, enjoy a spacious fenced yard with plenty of room for entertaining, gardening, or relaxing. An enclosed porch adds extra charm and functionality, while the detached garage and private driveway provide convenient off-street parking.Offering the perfect blend of comfort, style, and value, this home is ready to welcome its next owner. Don't miss the opportunity to make 65 Fargo St your own.

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: 674 sq ft (the lesser of 900 sq ft or half the 1,348 sq ft principal dwelling). Lot size: 7,501 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 MLS and other third-party data may be inaccurate or out of date.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.