Active
23 Days on market
1388 Bay St Springfield — Photo 1 of 39

1388 Bay St Springfield — Photo 1 of 39

Recent Drop: $10,000

$299,900
$289,900

$289,900

Investment Analysis — 1388 Bay St

Springfield, MA 01109

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01109 carries an estimated $2,180/mo in gross rent — about a 5.24% cap rate and $15,198/yr in estimated NOI at the $289,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,869

Style

Single Family

Built

1930

Whether you're buying your first home or need more room to grow into, this one's built to fit both. Step inside to a first floor finished with durable, newer vinyl flooring throughout. The kitchen has been updated with clean white cabinetry and flows easily into a bright living room anchored by a classic wood-burning fireplace. A sun-filled sunroom off the living area gives you flexible space for a home office, playroom, or reading nook, while the separate dining room keeps things functional for everyday meals and holidays alike. Upstairs, laminate flooring runs throughout three good-sized bedrooms, each with closet storage, plus a full bathroom finished with tile ceramic flooring. Beyond the bedrooms, a walk-up attic adds valuable bonus space, perfect for storage, a future office, or creative buildout down the road. The basement is partially finished with wall-to-wall carpeting, giving you even more livable square footage for a rec room, gym, or hangout space, with plenty of room left over for storage and mechanicals. Outside, enjoy a fenced yard for privacy and easy outdoor living, all set on a quiet residential street close to everything Springfield has to offer.Whether this is your first home or your next one, this Colonial offers the space and flexibility to grow into. Schedule your showing today!

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 1,869 sq ft principal dwelling). Lot size: 5,001 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.

Open Houses

Property Details

Financials

Original Price$299,900
Annual Taxes$4,684

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms7
Fireplaces1
FlooringVinyl, Carpet, Laminate, Flooring - Wall to Wall Carpet
BasementFull

Climate & Utilities

HeatingSteam, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick, Block
RoofShingle
FoundationBlock
ZoningR1

Property & Lot

Acres0.11
SqFt Lot5,001
Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 3
Second
Master BedroomBedroom 2Bathroom 1
First
Bathroom 2
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

23 x 12

Flooring - Laminate, Cable Hookup, Exterior Access, Remodeled

Dining Room
Lvl Main,First

12 x 11

Flooring - Laminate

Kitchen
Lvl Main,First

Bathroom - Half, Flooring - Laminate, Cabinets - Upgraded, Exterior Access, Remodeled

Master Bedroom
Lvl Second

11 x 11

Closet, Flooring - Laminate

Bedroom 2
Lvl Second

12 x 11

Bedroom 3
Lvl Third

11 x 9

Closet, Flooring - Laminate, Attic Access

Bathroom 1
Lvl Second

11 x 7

Bathroom - Full, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

8 x 4

Bathroom - Half, Flooring - Stone/Ceramic Tile

Property History

Price Drop
$289,900

Was $299,900

Sep 10, 2026

MLS® 73566193

Listed
$299,900

Aug 20, 2026

MLS® 73566193

Listing Provided By

Listing Agent: Carlos Ramos

Listing Office: Executive Real Estate, Inc.

MLS® Number: 73566193