Investment Analysis — 81 Lyndale St

Springfield, MA 01108 — Forest Park

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01108 carries an estimated $2,320/mo in gross rent — about a 6.14% cap rate and $17,191/yr in estimated NOI at the $279,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,856

Style

Single Family

Built

1916

Discover the character and charm of this classic Forest Park residence, built in 1916 and offering 1,856 square feet of living space. This single family home presents a wonderful opportunity to own a piece of history while enjoying the space and flexibility of a four bedroom layout. Inside, four generously sized bedrooms (one bedroom is on the first floor) provide plenty of room for family and guests, with the flexibility to create a dedicated home office, hobby room, or additional living space. A full bathroom and convenient half bathroom add functionality for everyday living. Step outside to enjoy the home's outdoor space and patio, offering plenty of potential for gardening, recreation, or creating your own private retreat. The property also includes a two car garage, providing convenient parking along with valuable storage space. Full of possibilities, this Forest Park home is ready for its next chapter. Schedule your showing today. Not for rent.

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 1,856 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.