1373 Center St Ludlow — Photo 1 of 20
Recent Drop: $39,901
$499,999
Investment Analysis — 1373 Center St
Ludlow, MA 01056
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01056 carries an estimated $2,130/mo in gross rent — about a 2.16% cap rate and $10,824/yr in estimated NOI at the $499,999 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,212
Style
Single Family
Built
1979
NEW PRICE !!!!With its unique positioning one of only a handful of homes abutting the reservoir! This property delivers an unparalleled sense of serenity, natural beauty, and exclusivity. Set on 1.32 acres, this beautifully 3-bedroom, 2-bath residence offers over 2,200 square feet of living space with a seamless open-concept layout. At the heart of the home you will find a brand new kitchen and dining room with brand new flooring and new carpeting throughout, creating a refined, move-in-ready interior. The dining area opens effortlessly through a sliding glass door to a spacious deck overlooking the reservoir. The expansive family room serves as a warm and inviting gathering space, featuring a wood stove and a sliding glass door that frames serene water views while providing direct access to the outdoors. The primary bedroom offers a private retreat, complete with direct access to a full bathroom and a private balcony! This is truly a rare find!
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 2,212 sq ft principal dwelling). Lot size: 57,543 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 • Refrigerator
Neighborhood
Walk/Jog Trails • Bike Path • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondDining Room
Lvl SecondDeck - Exterior, Exterior Access, Open Floorplan
Kitchen
Lvl SecondWindow(s) - Picture, Dining Area, Balcony - Exterior, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Remodeled, Stainless Steel Appliances
Family Room
Lvl FirstBathroom - Full, Wood / Coal / Pellet Stove, Closet, Exterior Access, Open Floorplan
Master Bedroom
Lvl SecondBathroom - Full, Closet, Balcony - Exterior, Exterior Access, Slider
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen
Bathroom 2
Lvl FirstBathroom - Full
Property History
$499,999
Was $539,900
Aug 20, 2026
MLS® 73499540
$539,900
Apr 9, 2026
MLS® 73499540
Listing Agent: Migdalia Buxo
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73499540
