35 Charles St Hampden — Photo 1 of 37
$409,999
Investment Analysis — 35 Charles St
Hampden, MA 01036
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01036 carries an estimated $2,380/mo in gross rent — about a 3.94% cap rate and $16,138/yr in estimated NOI at the $409,999 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,310
Style
Single Family
Built
1956
Welcome home to this charming 4-bedroom Cape situated on a beautiful 1-acre corner lot with great curb appeal! Step inside to find hardwood flooring throughout much of the home and a bright, updated kitchen with stainless steel appliances and plenty of cabinet and counter space. The inviting living areas offer a comfortable layout with plenty of natural light. An attached 1-car garage and breezeway add everyday convenience, while the spacious yard provides plenty of room to enjoy the outdoors. Major improvements include a new heating system (2023), new central A/C (2026), new chimney liner (2025), and a newer septic system. With its combination of charm, thoughtful updates, and a beautiful setting, this well-maintained home is ready for its next owners!
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: 655 sq ft (the lesser of 900 sq ft or half the 1,310 sq ft principal dwelling). Lot size: 41,818 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 MLS and other third-party data may be inaccurate or out of date.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.
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Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
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Floorplan Breakdown
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Living Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl FirstBedroom 2
Lvl FirstBedroom 3
Lvl SecondBedroom 4
Lvl SecondBathroom 1
Lvl FirstListing Agent: Waylynn Garcia
Listing Office: Executive Real Estate - Enfield
MLS® Number: 73568397
