Active

6 Days on market

73 Jasper St Springfield — Photo 1 of 38

$279,900

Investment Analysis — 73 Jasper St

Springfield, MA 01109 — Pine Pt Bstn Rd

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01109 carries an estimated $2,360/mo in gross rent — about a 6.42% cap rate and $17,978/yr in estimated NOI at the $279,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,256

Style

Single Family

Built

1917

Don't miss this updated 6 Room 4 Bedroom Colonial in Pine Point. There are open porches on both floors. Enter through the foyer into your newer eat-in kitchen with quartz countertops and stainless-steel appliances. The living room is spacious and there is a first-floor bedroom with refinished hardwood floors which could also work as a formal dining room. There are 3 additional bedrooms on the second floor with refinished hardwood floors and a full bath. There is also a covered 2nd floor porch. There is a full basement that could be easily finished and also a laundry area. The house has a new gas forced warm air heating system and both the house, and the two-car garage have a newer roof. Enjoy your spacious fenced backyard with ample parking for your family and guests. Great location convenient to shopping and bus line.

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: 628 sq ft (the lesser of 900 sq ft or half the 1,256 sq ft principal dwelling). Lot size: 5,741 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.