433 Gifford Street Springfield — Photo 1 of 21
$250,000
Investment Analysis — 433 Gifford Street
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 7.05% cap rate and $17,615/yr in estimated NOI at the $250,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,168
Style
Single Family
Built
1943
** Motivated Seller ** Priced below assessed value. 3 bedroom/1 bath Cape set on .21 acres in East Forest Park neighborhood. Vinyl sided exterior, stainless steel appliances, ceramic tile flooring in kitchen, dining area and bathroom. Living room has slider to back deck. Hardwood floors in both bedrooms on 1st floor. Large second floor bedroom with wall a/c and built-in shelving. Basement partially framed and includes washer/dryer and laundry sink. Fenced-in back yard. This one will not last.Highest and best due 09/04/2026 at 12:30p.m.
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: 584 sq ft (the lesser of 900 sq ft or half the 1,168 sq ft principal dwelling). Lot size: 8,999 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 MLS and other third-party data may be inaccurate or out of date.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
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Golf • Private School • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCeiling Fan(s), Flooring - Wall to Wall Carpet, Exterior Access, Slider, Lighting - Overhead
Kitchen
Lvl Main,FirstCeiling Fan(s), Flooring - Stone/Ceramic Tile, Dining Area, Exterior Access, Stainless Steel Appliances, Lighting - Overhead
Master Bedroom
Lvl Main,FirstCloset, Flooring - Hardwood
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl SecondFlooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Listing Agent: Christina Albano
Listing Office: Landmark, REALTORS®
MLS® Number: 73571057
