Active
22 Days on market
127 Springfield St Palmer — Photo 1 of 30

127 Springfield St Palmer — Photo 1 of 30

$325,000

Investment Analysis — 127 Springfield St

Palmer, MA 01069 — Three Rivers

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01069 carries an estimated $1,850/mo in gross rent — about a 3.69% cap rate and $11,994/yr in estimated NOI at the $325,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,134

Style

Single Family

Built

1960

Welcome to this charming 3-bedroom 1.5 bath home that offers both comfort and modern amenities. Great flow and a curated blend of mid century modern touches make this Ranch shine. With 3 bedrooms there's ample space for your family or guests. The main bedroom boasts the convenience of a half bathroom. A nice flat yard and multiple outdoor entertaining spaces offer inviting spots for outdoor activities, gardening, or simply enjoying some fresh air. Major updates including a new roof & furnace ensuring peace of mind and minimizing the need for immediate maintenance. Central air will be perfect for the hot summer nights. Large lower level is currently unfinished and is perfect for future expansion. Come and experience all that this home has to offer!

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: 567 sq ft (the lesser of 900 sq ft or half the 1,134 sq ft principal dwelling). Lot size: 12,632 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

Original Price$325,000
Annual Taxes$4,878

Parking

Garage1
Off-Street7

Interior Specifications

Total Rooms5
FireplacesNone
FlooringVinyl, Hardwood
BasementFull, Interior Entry, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Propane, Leased Propane Tank
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSR

Property & Lot

Acres0.29
SqFt Lot12,632
Lot FeaturesWooded, Gentle Sloping, Level

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Refrigerator

Neighborhood

Shopping • Walk/Jog Trails • Highway Access • Public School • Sidewalks

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2Bedroom 3
Living Room
Lvl First

Flooring - Hardwood, Window(s) - Picture

Kitchen
Lvl First

Flooring - Vinyl, Dining Area, Peninsula

Master Bedroom
Lvl First

Bathroom - Half, Flooring - Hardwood, Closet - Double

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Closet, Flooring - Hardwood

Listing Provided By

Listing Agent: Patrick Sweeney

Listing Office: RE/MAX Prof Associates

MLS® Number: 73566743