Active Under Contract
30 Days on market
293 N Loomis St Southwick — Photo 1 of 42

293 N Loomis St Southwick — Photo 1 of 42

$325,000

Investment Analysis — 293 N Loomis St

Southwick, MA 01077

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01077 carries an estimated $2,220/mo in gross rent — about a 4.83% cap rate and $15,701/yr in estimated NOI at the $325,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,128

Style

Single Family

Built

1957

Welcome home to this charming Southwick ranch offering comfortable one-level living with plenty of additional space! The main level features a spacious kitchen with dining area, a welcoming living room with a cozy fireplace, hardwood floors throughout, three bedrooms, and a full bathroom. The third bedroom is currently being used as a convenient first-floor laundry room but can easily be converted back to bedroom space. Downstairs, you’ll find a generously sized finished room offering endless possibilities for a family room, home office, gym, or entertaining space, along with a second full bathroom and an additional laundry area. There is also plenty of unfinished basement space for storage. Enjoy a cup of coffee from the screened porch while looking out at your great backyard, complete with a storage shed and an oversized two-car detached garage offering ample room for vehicles, tools, hobbies, and more. The septic tank was just replaced. A versatile home with great space inside and out, ready for its next owner to make it their own!

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: 564 sq ft (the lesser of 900 sq ft or half the 1,128 sq ft principal dwelling). Lot size: 19,998 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

Original Price$325,000
Annual Taxes$4,545

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms5
Fireplaces1
FlooringWood, Carpet
BasementFull, Partially Finished

Climate & Utilities

HeatingForced Air, Oil
CoolingCentral Air
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR-40

Property & Lot

Acres0.46
SqFt Lot19,998
Lot FeaturesLevel

Amenities & Appliances

Range • Microwave • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bathroom 1
Basement
Family RoomBathroom 2
Living Room
Lvl First

Flooring - Wood

Dining Room
Lvl First

Flooring - Laminate

Kitchen
Lvl First

Flooring - Laminate

Family Room
Lvl Basement

Flooring - Wall to Wall Carpet

Master Bedroom
Lvl First

Closet, Flooring - Wood

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Closet, Flooring - Wood

Bathroom 1
Lvl First

Flooring - Laminate

Bathroom 2
Lvl Basement

Flooring - Laminate

Listing Provided By

Listing Agent: Karolina Podolska

Listing Office: Naples Realty Group

MLS® Number: 73563180