
2306 Wilbraham Rd Springfield — Photo 1 of 42
$349,000
Investment Analysis — 2306 Wilbraham Rd
Springfield, MA 01129 — Sixteen Acres
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01129 carries an estimated $2,340/mo in gross rent — about a 5.04% cap rate and $17,576/yr in estimated NOI at the $349,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,392
Style
Single Family
Built
1929
Classic New England character meets modern comfort in this beautifully updated 3-bedroom Colonial, ideally located in Springfield’s desirable Sixteen Acres neighborhood near the Wilbraham line. Filled with natural light and timeless charm, this inviting home offers a versatile layout designed for comfortable everyday living, entertaining, and the potential for multigenerational living. At the heart of the home is a stunning new custom kitchen featuring quality cabinetry, beautiful countertops, and brand-new stainless steel appliances. The kitchen flows naturally into the dining and living areas, creating a warm and welcoming atmosphere. A bright sunroom provides the perfect spot for morning coffee, relaxing with a book, or enjoying views of the property throughout the seasons. Upstairs, you’ll find three spacious bedrooms along with a convenient walk-up attic offering abundant storage and exciting possibilities for future use. The flexible living spaces provide options for extended family, guests, a home office, or additional recreational space. Step outside to an oversized fenced-in yard offering plenty of room for entertaining, gardening, pets, or simply enjoying your own private outdoor retreat. A detached 2-car garage provides excellent parking, storage, and additional functionality. Major recent improvements include a brand-new roof on house, many newer windows, and new garage doors, providing peace of mind while maintaining the home’s classic Colonial appeal. Beautifully updated, thoughtfully maintained, and positioned in a wonderful Sixteen Acres location near the Wilbraham line, this home combines character, space, modern improvements, and room to grow. A truly special property ready to welcome its next owner! EASY to show!!
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: 696 sq ft (the lesser of 900 sq ft or half the 1,392 sq ft principal dwelling). Lot size: 11,330 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Golf • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First18 x 12
Ceiling Fan(s), Flooring - Hardwood, Paints & Finishes - Zero VOC, Remodeled, Lighting - Overhead
Dining Room
Lvl Main,First11 x 12
Flooring - Hardwood, Paints & Finishes - Zero VOC, Remodeled, Lighting - Overhead
Kitchen
Lvl Main,First12 x 12
Ceiling Fan(s), Flooring - Vinyl, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Exterior Access, Paints & Finishes - Zero VOC, Remodeled, Stainless Steel Appliances, Lighting - Overhead, Crown Molding
Family Room
Lvl Main,First8 x 18
Flooring - Hardwood, Window(s) - Picture, Paints & Finishes - Zero VOC, Remodeled, Lighting - Overhead
Master Bedroom
Lvl Second15.083333333 x 11.416666666
Ceiling Fan(s), Closet, Flooring - Hardwood, Paints & Finishes - Zero VOC, Remodeled, Lighting - Overhead
Bedroom 2
Lvl Second14.75 x 9.416666666
Bedroom 3
Lvl Second14.25 x 7.75
Walk-In Closet(s), Closet, Flooring - Wood, Paints & Finishes - Zero VOC, Remodeled
Bathroom 1
Lvl Second9 x 9
Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Paints & Finishes - Zero VOC, Remodeled, Lighting - Overhead
Property History
$349,000
Sep 10, 2026
MLS® 73575065
$348,999
Sep 5, 2026
MLS® 73534038
$348,999
Jun 10, 2026
MLS® 73534038
$272,500
Oct 22, 2025
MLS® 73433644
$220,000
Sep 20, 2025
MLS® 73433644
$299,987
Sep 29, 2024
MLS® 73254957
$299,987
Jun 27, 2024
MLS® 73254957
Listing Agent: Patriot Living Group
Listing Office: Lock and Key Realty Inc.
MLS® Number: 73575065
