Investment Analysis — 681 Mill St

Agawam, MA 01030

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01030 carries an estimated $2,130/mo in gross rent — about a 2.66% cap rate and $14,656/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,200

Style

Single Family

Built

1900

Space, privacy, and a backyard built for entertaining — this home truly has it all! Set on 2 beautiful acres, this spacious 3-bedroom, 2-bath home offers 2,200 sq. ft. of living space and is packed with features you will love. Step inside to a beautifully updated kitchen, perfect for cooking, gathering, and everyday living. Outside, enjoy your own private retreat complete with an inground pool, covered entertaining areas, expansive yard, and garage. Whether you’re hosting summer get-togethers, relaxing poolside, or simply enjoying the peace and privacy of your own space, this property offers the perfect blend of comfort and lifestyle. With so much to offer inside and out, this is one you won’t want to miss — schedule your showing today! PROFESSIONAL PHOTOS COMING SOON.

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 2,200 sq ft principal dwelling). Lot size: 87,120 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 MLS and other third-party data may be inaccurate or out of date.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.