
41 Miller Rd Southwick — Photo 1 of 42
$329,900
Investment Analysis — 41 Miller Rd
Southwick, MA 01077
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01077 carries an estimated $1,810/mo in gross rent — about a 3.96% cap rate and $13,060/yr in estimated NOI at the $329,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,016
Style
Single Family
Built
1940
Don’t let its petite exterior fool you—this charming home has been thoughtfully improved from top to bottom, with more than $125,000 in major improvements, making it a standout value! A smart, efficient floor plan offers surprisingly generous space for everyday living, work/school from home, entertaining & storage. The fully updated kitchen features sleek stainless-steel appliances, granite countertops & new cabinetry, with a dedicated dining area that flows seamlessly into the light-filled living room. Hardwood floors continue through the hallway & into the bedrooms, the primary providing a double closet & the secondary functioning as a stylish office/studio. A finished lower level adds more versatility, with natural light & convenient walk-out. Use this flexible space as a family room, additional bedroom, or both, while still enjoying plenty of space for dedicated laundry & storage. The 0.23-acre lot provides a fenced-in area, composit deck/porch, storage shed & ample parking, giving you room to enjoy the outdoors without the upkeep of a large yard. All this just steps from the walking/bike trail, South Pond of Congamond Lakes, popular waterfront restaurants & entertainment. 15 minutes from Bradley International Airport, 20 minutes from downtown Springfield & 25 minutes to Hartford/West Hartford. With its extensive improvements, thoughtful floorplan, flexible living spaces & convenient location, this home delivers far more than its size suggests—exceptional value!!!
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: 508 sq ft (the lesser of 900 sq ft or half the 1,016 sq ft principal dwelling). Lot size: 10,019 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
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood, Exterior Access, Open Floorplan
Kitchen
Lvl FirstDining Area, Countertops - Stone/Granite/Solid, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances
Family Room
Lvl BasementMaster Bedroom
Lvl FirstCeiling Fan(s), Flooring - Hardwood, Closet - Double
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile, Remodeled
Listing Agent: Angela M. Costello
Listing Office: Coldwell Banker Realty - Western MA
MLS® Number: 73563939
