40 Day Street West Springfield — Photo 1 of 15
$235,000
Investment Analysis — 40 Day Street
West Springfield, MA 01089
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01089 carries an estimated $1,910/mo in gross rent — about a 6.04% cap rate and $14,201/yr in estimated NOI at the $235,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,720
Style
Single Family
Built
1895
What an opportunity to own this well-built home surrounded by leafy privacy! This property includes a double lot. Fantastic front porch with gingerbread detail along the gable end. Spacious and huge rooms both upstairs and downstairs. Replaced roof and much of interior drywall was replaced and repainted. Much of the flooring as been replaced with vinyl. Plumbing/sewer lines in basement were replaced within last 5 years (APO). Utica boiler, upgraded breaker panel, and natural gas heat & hot water. Huge kitchen with pantry. 2 stair cases. MASS SAVE came and re-insulated much of crawl space and some in the walls as well. Massive yard area could be an epic garden and room for recreative space too. This property is ready for the next owner to make it their sanctuary. Close to all highways, schools, shopping. All use for this home and the double lot is strictly Buyer due diligence. OPEN HOUSE cancelled--can be shown on short notice for back-up Offers
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: 860 sq ft (the lesser of 900 sq ft or half the 1,720 sq ft principal dwelling). Lot size: 10,080 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater
Neighborhood
Public Transportation • Walk/Jog Trails • Medical Facility • Laundromat • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl FirstListing Agent: Amy Heflin
Listing Office: Keller Williams Realty
MLS® Number: 73568238
