1 Lakeshore Dr Monson — Photo 1 of 38
$465,000
Investment Analysis — 1 Lakeshore Dr
Monson, MA 01057
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01057 carries an estimated $1,910/mo in gross rent — about a 2.56% cap rate and $11,889/yr in estimated NOI at the $465,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
1,596
Style
Single Family
Built
2002
Better than New! Beautifully Remodeled Cape on Completely Private Lot! Walk to Pulpit Rock Lake - private access for residents of Lakeshore Drive only - fishing, boating, hiking and more! White cabinet kitchen with quartz counters, stainless steel appliances and dining area, slider to composite deck overlooking tranquil and serene backyard, the 1st floor also offers a spacious living room, remodeled full bath, and 2 bedrooms, the full dormer allows 2 massive bedrooms and 2nd full bath on the 2nd floor, the primary bedroom can be on the 1st or 2nd floor, full basement offers the laundry hook ups, a newer half bath and storage or potential for expansion, 12X16 shed, energy-efficient solar panels help reduce utility costs while supporting sustainable living, updated mechanicals, newer laminate flooring and wall to wall carpeting, freshly painted interior and so much more! Absolute mint condition from top to bottom!!!
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: 798 sq ft (the lesser of 900 sq ft or half the 1,596 sq ft principal dwelling). Lot size: 60,113 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Laminate, Exterior Access
Kitchen
Lvl FirstFlooring - Laminate, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Remodeled, Slider
Master Bedroom
Lvl FirstCeiling Fan(s), Flooring - Laminate
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondCeiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondCeiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bathroom 1
Lvl BasementBathroom - Half, Flooring - Laminate
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate, Countertops - Stone/Granite/Solid, Remodeled
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate, Countertops - Stone/Granite/Solid, Double Vanity, Remodeled
Listing Agent: Steven C. Laplante
Listing Office: ERA M Connie Laplante Real Estate
MLS® Number: 73552440
