128 N Lake Ave Southwick — Photo 1 of 16
Recent Drop: $33,000
$149,000
Investment Analysis — 128 N Lake Ave
Southwick, MA 01077 — Congamond
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 1-bedroom in 01077 carries an estimated $1,440/mo in gross rent — about a 6.74% cap rate and $10,042/yr in estimated NOI at the $149,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
560
Style
Single Family
Built
1935
This lakeside retreat in the heart of the Congamond Lake community, offers a blend of comfort and recreation in this great 1-Bedroom, 1-Bath, Ranch. The home is ideal for those seeking an escape, with enchanting views of Lake Congamond's sunrises, fishing for trout, salmon, northern pike, and boating. A short walk to water access, bike path, wildlife sanchuary, fishing pier, boat ramp, and hiking trails. Become a part of the Lake Community today. This is a HUD property, SOLD "AS IS" by ELECTRONIC BIDDING ONLY. WILL NOT REPAIR OR REPLACE ANY ISSUE. Listed as "IE" (INSURED WITH ESCROW), HUD case #251-633478. Financial terms: CASH, FHA 203(IE), and FHA 203(K). Equal Housing Opportunity. Seller DISCLOSURES and LBP Addendums are on HUD website: hudhomestore.gov. ELIGIBLE BIDDERS: OWNER OCCUPANTS, NONPROFITS & GOVERNMENT AGENCIES, only, from 8/4/26. Bids are due 8/18/26, by 11:59 PM Central Time, then DAILY UNTIL SOLD. Make an appointment with your Real Estate Agen
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: 280 sq ft (the lesser of 900 sq ft or half the 560 sq ft principal dwelling). Lot size: 3,485 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 • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Walk/Jog Trails • Golf • Bike Path • House of Worship • Marina • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCathedral Ceiling(s), Flooring - Hardwood
Kitchen
Lvl FirstCountertops - Stone/Granite/Solid
Master Bedroom
Lvl FirstCathedral Ceiling(s), Ceiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstFlooring - Stone/Ceramic Tile
Property History
$149,000
Was $182,000
Sep 9, 2026
MLS® 73559265
$182,000
Aug 4, 2026
MLS® 73559265
Listing Agent: Alan Ward
Listing Office: Great Homes Real Estate, Inc.
MLS® Number: 73559265
