19 Gerard Lane #19 Chicopee — Photo 1 of 31
$349,500
Investment Analysis — 19 Gerard Lane #19
Chicopee, MA 01020
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01020 carries an estimated $2,120/mo in gross rent — about a 3.17% cap rate and $11,069/yr in estimated NOI at the $349,500 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,428
Style
Condominium
Built
2007
This well-cared-for, move-in-ready end-unit condo is waiting for you! The bright and open first floor features a spacious kitchen, tiled flooring and backsplash, stainless steel appliances, recessed lighting, and a convenient island with dining area. Sliders lead to a private rear deck—perfect for relaxing or entertaining. The inviting living room offers beautiful hardwood floors and a ceiling fan, while the home also features central air, three bedrooms with laminate flooring and ceiling fans, 2.5 bathrooms, and convenient first-floor laundry. The partially finished basement provides a versatile flex space ideal for a home office, gym, playroom, or additional living area, along with plenty of storage. Conveniently located near highways, shopping, restaurants, and everyday amenities. This home is a pleasure to show
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 MLS and other third-party data may be inaccurate or out of date.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
Shopping • Golf • Medical Facility • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Wood, Exterior Access
Kitchen
Lvl FirstCloset, Flooring - Stone/Ceramic Tile, Dining Area, Chair Rail, Deck - Exterior, Open Floorplan, Recessed Lighting, Slider, Lighting - Pendant
Family Room
Lvl BasementCloset, Flooring - Laminate, Storage
Master Bedroom
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile, Flooring - Laminate, Double Vanity
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCeiling Fan(s), Flooring - Laminate
Bathroom 1
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Washer Hookup
Listing Agent: The Generation Group
Listing Office: Coldwell Banker Realty - Western MA
MLS® Number: 73567552
