Investment Analysis — 88 Cedar Street

Ludlow, MA 01056

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01056 carries an estimated $2,130/mo in gross rent — about a 4.89% cap rate and $15,395/yr in estimated NOI at the $315,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,104

Style

Single Family

Built

1952

Discover a meticulously maintained single-family residence at 88 Cedar Street, Ludlow, MA. Constructed in 1952, this property encompasses 1104 square feet of refined living space, offering a distinctive blend of classic charm and functional design. The residence features a fully remodeled Kitchen along with three thoughtfully proportioned bedrooms, providing versatile accommodations for various lifestyle needs. A single, beautifly remodeled full bathroom is elegantly appointed, offering essential comfort and convenience. Further enhancing the property's utility is a dedicated one-car garage, providing secure parking and additional storage solutions. The expansive 7492 square foot, fenced in lot offers ample outdoor space for leisure and potential landscaping enhancements. We invite serious inquiries to experience the distinguished character of this Ludlow residence firsthand. Showing start Monday, Oct 5. Sale subject to sellers finding suitable housing. Actively looking.

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: 552 sq ft (the lesser of 900 sq ft or half the 1,104 sq ft principal dwelling). Lot size: 7,492 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.