1582 Memorial Ave #1B West Springfield — Photo 1 of 27
$164,900
Investment Analysis — 1582 Memorial Ave #1B
West Springfield, MA 01089
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01089 carries an estimated $1,560/mo in gross rent — about a 4.82% cap rate and $7,940/yr in estimated NOI at the $164,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
541
Style
Condominium
Built
1943
Welcome to easy, one-level living in this beautifully updated first-floor garden condo! Ideally situated as a corner/end unit, this home offers added privacy along with a bright and inviting interior. The entire unit has been thoughtfully updated, featuring a gleaming kitchen, refreshed bathroom, new flooring, new windows, updated outlets, and more. Even better, the condo fee includes heat and hot water, making for comfortable and low-maintenance living. Whether you're looking to downsize, purchase your first home, or simply enjoy the ease of condo living, this turnkey unit is a must-see!
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Park • Medical Facility • Laundromat
Geography
Listing Agent: The Andujar, Gallagher, Aguasvivas & Bloom Team
Listing Office: Gallagher Real Estate
MLS® Number: 73563487
