
115 Blanchwood Ave Chicopee — Photo 1 of 29
$375,000
Investment Analysis — 115 Blanchwood Ave
Chicopee, MA 01013
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01013 carries an estimated $1,960/mo in gross rent — about a 3.35% cap rate and $12,547/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
960
Style
Single Family
Built
1975
If you need a home where everyone can have a little space of their own, this three-bedroom ranch in Chicopee’s Ferry Lane neighborhood is worth a look. The main level has an open kitchen, dining and living area, with newer cabinetry, granite counters, stainless appliances and hardwood floors throughout much of the home. Three bedrooms and a full bath complete the first floor. The finished lower level is where this home really opens up the possibilities. A spacious second living area, separate dining area, additional finished room and full bath create real flexibility for multigenerational living or simply having more separation and usable space under one roof. Interior access connects both levels, with a hatchway providing additional access to the backyard. A screened porch extends the living space outside, overlooking a fenced yard with storage sheds. There's parking for four, and both the roof and driveway were completed in 2022. Blanchwood is a dead-end street in the Ferry Lane neighborhood, where you'll still see people out walking, bikes going by and basketball hoops getting used. Head toward the end of the street and you're at the Connecticut River dike for another place to get out and walk, while highway access is just minutes away. It’s a home that gives you options for how you live and enough separate spaces to make it all work.
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: 480 sq ft (the lesser of 900 sq ft or half the 960 sq ft principal dwelling). Lot size: 5,400 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.
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Interior Specifications
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Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Golf
Geography
Property History
$375,000
Sep 10, 2026
MLS® 73575394
$110,000
May 31, 2011
MLS® 71190531
$100,900
Feb 21, 2011
MLS® 71190531
$159,900
Oct 31, 2010
MLS® 71101229
$159,900
Jun 24, 2010
MLS® 71101229
Listing Agent: Keys & Co Home Team
Listing Office: LPT Realty, LLC
MLS® Number: 73575394
