103 Chester Street West Springfield — Photo 1 of 20
$299,900
Investment Analysis — 103 Chester Street
West Springfield, MA 01089
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01089 carries an estimated $1,910/mo in gross rent — about a 4.33% cap rate and $12,999/yr in estimated NOI at the $299,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,261
Style
Single Family
Built
1950
New Beginnings! This Home is awaiting a new chapter after having been in the same family since it was first built. Conveniently located, this Home offers a front Entryway with a closet and shelving, a Front to Rear Living Room with a Picture Window, Kitchen with plenty of room for dining, 3 Bedrooms, a Full Bath, an Enclosed Rear Porch, a small deck and a level, very pretty back yard with 2 apple trees. And a walk-up Attic! A Basement with a paneled Rec Room and Bar and a drive under Garage with 2 car driveway complete this Home. The Roof is approximately 15 years old. Two window Air Conditioners to remain. Cooks Park and Playground and Memorial Pool nearby! Put your imagination to work and make this Home shine again!
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: 631 sq ft (the lesser of 900 sq ft or half the 1,261 sq ft principal dwelling). Lot size: 10,939 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 MLS and other third-party data may be inaccurate or out of date.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
Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Pool • Park • Highway Access • House of Worship • Sidewalks
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset, Flooring - Wall to Wall Carpet, Flooring - Wood, Window(s) - Picture
Kitchen
Lvl FirstFlooring - Vinyl
Master Bedroom
Lvl FirstFlooring - Wood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstFlooring - Wood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Closet - Linen
Listing Agent: Kathleen Bourque
Listing Office: Today Real Estate, Inc.
MLS® Number: 73566805
