417 River Rd Agawam — Photo 1 of 27
$449,999
Investment Analysis — 417 River Rd
Agawam, MA 01001
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01001 carries an estimated $2,530/mo in gross rent — about a 4.00% cap rate and $17,991/yr in estimated NOI at the $449,999 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,752
Style
Single Family
Built
1948
This charming 4 bed 2 bath Cape is situated on a corner lot with sweeping views of the CT river. Open concept offering plenty of natural light, newly renovated kitchen and dining area, SS appliances, quartz countertops, featuring many specialty cabinets. Cozy family room anchored by a gas fireplace with built ins with French doors that open to a spacious Trex deck with lighting. Privacy hedges around the back yard ready for relaxing or entertaining with patio, pergola and fire table. Extra large shed with loft provides plenty of room for storage or workshop, complete with electric, heat and ceiling fan. Newly renovated full bath and 2 first floor bedrooms with hardwood floors offer versatile living options. Front facing living room features hardwood floor, wood burning fireplace, views of the river and beautiful sunrises. Retire upstairs to two spacious bedrooms, large walk in spa shower and oversized vanity with storage. The full basement provides ample additional storage with washer/dryer. The exterior has been upgraded with vinyl siding, architectural shingle roof, chimney and six inch gutters. Close to major highways making for easy commuting
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: 876 sq ft (the lesser of 900 sq ft or half the 1,752 sq ft principal dwelling). Lot size: 12,632 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 • Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer
Neighborhood
Park • Bike Path • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl nullCeiling Fan(s), French Doors, Deck - Exterior, Remodeled, Slider
Kitchen
Lvl nullCeiling Fan(s), Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Crown Molding
Bathroom 1
Lvl nullBathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Remodeled, Lighting - Sconce, Lighting - Overhead
Bathroom 2
Lvl nullBathroom - 3/4, Bathroom - Tiled With Shower Stall, Remodeled, Lighting - Sconce, Lighting - Overhead
Listing Agent: Frank Capoano
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73570799
