389 Abbott St Springfield — Photo 1 of 37
$345,000
Investment Analysis — 389 Abbott St
Springfield, MA 01118
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01118 carries an estimated $2,380/mo in gross rent — about a 4.96% cap rate and $17,104/yr in estimated NOI at the $345,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,547
Style
Single Family
Built
1953
Welcome to 389 Abbott Street in East Forest Park! This charming, well-maintained home offers 3 bedrooms, 2 bathrooms, and a 1-car garage. Enjoy updated showers, a welcoming deck perfect for relaxing, and a finished basement offering additional space for recreation, hobbies, or entertaining. The yard provides room for gardening and gatherings. Conveniently located near schools, colleges, shopping, and major routes. Come see all this home has to offer ! OPEN HOUSE SATURDAY September 12th 11AM-1PM and Sunday September 13th 1PM-3PM
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: 774 sq ft (the lesser of 900 sq ft or half the 1,547 sq ft principal dwelling). Lot size: 8,398 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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Tankless Water Heater • Range • Microwave • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Golf • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCloset, Flooring - Hardwood, Window(s) - Picture, Exterior Access, Lighting - Sconce
Dining Room
Lvl Main,FirstCeiling Fan(s), Flooring - Hardwood, Chair Rail
Kitchen
Lvl Main,FirstCeiling Fan(s), Flooring - Vinyl
Family Room
Lvl BasementFlooring - Stone/Ceramic Tile, Flooring - Vinyl, Lighting - Overhead
Master Bedroom
Lvl SecondCloset, Flooring - Hardwood, Lighting - Sconce
Bedroom 2
Lvl SecondBedroom 3
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Vinyl
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Vinyl, Lighting - Pendant
Listing Agent: Thiennga Nguyen
Listing Office: Executive Real Estate, Inc.
MLS® Number: 73573915
