
115 Saint James Ave Chicopee — Photo 1 of 42
$429,900
Investment Analysis — 115 Saint James Ave
Chicopee, MA 01020
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 5-bedroom in 01020 carries an estimated $2,290/mo in gross rent — about a 3.73% cap rate and $16,046/yr in estimated NOI at the $429,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,257
Style
Single Family
Built
1940
Charming and beautifully renovated Cape with space, character, and modern updates! This inviting 5-bedroom, 2-bath home offers approximately 2,257 square feet of living space and is set on a large fenced lot with mature fruit trees and an inviting front porch. The main level features a spacious living room with gorgeous hardwood floors, fireplace, and ceiling fan. The open floor plan includes a dining room and new kitchen boasting stone/granite counters, new cabinetry, a kitchen island, and stainless steel appliances. You will love the extra storage in the 1st floor hallway. The first-floor primary bedroom offers hardwood flooring, and access to your private 3 season sunroom. 4 more bedrooms provide flexibility for family, guests, or a home office. Enjoy two full remodeled bathrooms with beautiful tile surrounds and new vanities on each floor. The partially finished lower level adds valuable living space. A family room with fireplace, laundry area, utility area, and walk-out to the back yard. With a 1-car attached garage, central air, natural gas, and a convenient location near shopping, parks, and highway access, this home offers a wonderful combination of comfort and convenience. A must-see!
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 2,257 sq ft principal dwelling). Lot size: 17,388 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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Financials
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood, Open Floorplan, Recessed Lighting, Remodeled
Dining Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood, Open Floorplan, Recessed Lighting, Remodeled
Kitchen
Lvl FirstFlooring - Vinyl, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled
Family Room
Lvl BasementFlooring - Vinyl
Master Bedroom
Lvl FirstCloset, Flooring - Hardwood, Exterior Access, Remodeled
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bedroom 5
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl, Remodeled
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl
Listing Agent: Kempfvanderburgh Realty Consultants
Listing Office: Kempf-Vanderburgh Realty Consultants, Inc.
MLS® Number: 73569949
