
383 Mashapaug Rd Holland — Photo 1 of 42
Recent Drop: $10,000
$739,000
Investment Analysis — 383 Mashapaug Rd
Holland, MA 01521
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01521 carries an estimated $2,180/mo in gross rent — about a 1.88% cap rate and $13,903/yr in estimated NOI at the $739,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
4
SqFt
4,000
Style
Single Family
Built
2004
Exceptional craftsmanship, sophisticated comfort, and an unparalleled lifestyle await in this beautifully updated custom ranch set on just over 3 private acres with lake rights to fully recreational Hamilton Reservoir. Prepare to be impressed by this meticulously maintained home offering over 2,000 sq. ft. on the main level PLUS a completely finished lower level that nearly doubles the living space and square footage! Step inside to an incredible open floor plan with soaring cathedral ceilings, stunning solid Hickory hardwood floors, and an updated kitchen featuring beautiful Cherry cabinetry. Three bedrooms on the main level include two master suites, offering exceptional flexibility for family and guests. Enjoy year-round comfort with central A/C, a cozy pellet stove, and a propane fireplace that adds warmth and ambiance. The finished lower level adds a large open space, full bath, and two additional rooms—perfect for a home gym, office, media room, guest space, or whatever your lifestyle demands. The two-car garage features a premium polyaspartic floor, while outside you’ll discover a top-of-the-line hot tub and fully screened rear porch made for relaxing and entertaining. A generator hookup provides added peace of mind. Add a newer roof, septic, exceptional maintenance, and over 3 acres of private grounds with recreational lake access, and you have a truly special property that checks virtually every box! Over $200,000 in upgrades and updates!! Don't forget to check out the video walkthrough - https://tinyurl.com/walkthrough383
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: 900 sq ft (the lesser of 900 sq ft or half the 4,000 sq ft principal dwelling). Lot size: 131,551 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 Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Oven • Dishwasher • Microwave • Refrigerator • ENERGY STAR Qualified Refrigerator • Plumbed For Ice Maker
Neighborhood
Walk/Jog Trails • Golf • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, French Doors, Cable Hookup, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Crown Molding
Dining Room
Lvl Main,FirstFlooring - Hardwood, Crown Molding
Kitchen
Lvl Main,FirstFlooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, High Speed Internet Hookup, Open Floorplan, Remodeled, Stainless Steel Appliances, Peninsula, Crown Molding
Office
Lvl BasementCloset, Flooring - Wall to Wall Carpet
Family Room
Lvl BasementWood / Coal / Pellet Stove, Closet, Flooring - Wall to Wall Carpet, Wet Bar, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floorplan, Remodeled
Master Bedroom
Lvl Main,FirstBathroom - Full, Bathroom - Double Vanity/Sink, Ceiling Fan(s), Walk-In Closet(s), Closet, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Closet, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Remodeled, Soaking Tub
Bathroom 2
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl FirstBathroom - Full, Bathroom - With Shower Stall, Closet, Flooring - Stone/Ceramic Tile
Property History
$739,000
Was $749,000
Sep 7, 2026
MLS® 73562527
$749,000
Aug 12, 2026
MLS® 73562527
Listing Agent: Joshua Somers
Listing Office: P & H Property Consulting, Inc.
MLS® Number: 73562527
