Investment Analysis — 73 Prentice St

Springfield, MA 01104

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01104 carries an estimated $2,230/mo in gross rent — about a 6.28% cap rate and $16,623/yr in estimated NOI at the $264,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,080

Style

Single Family

Built

1947

Welcome home to this charming 3 bedroom, 1 bathroom Cape Cod style home in Springfield! Step inside to find wood flooring throughout the living room, dining room, and two of the bedrooms. The kitchen features ceramic tile flooring. Upstairs, a versatile loft area offers additional space for a home office, reading nook, playroom, or cozy retreat. The second-floor loft is enhanced by a skylight, bringing in plenty of natural light. A detached garage provides convenient off street parking and additional storage. Ideally located near major highways, supermarkets, gas stations, shopping, dining, and other everyday conveniences, this home offers a functional layout, classic Cape charm, and easy access to everything you need!

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: 540 sq ft (the lesser of 900 sq ft or half the 1,080 sq ft principal dwelling). Lot size: 5,001 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 MLS and other third-party data may be inaccurate or out of date.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.