45 Thompkins Avenue East Longmeadow — Photo 1 of 10
$300,000
Investment Analysis — 45 Thompkins Avenue
East Longmeadow, MA 01028
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01028 carries an estimated $2,210/mo in gross rent — about a 4.89% cap rate and $14,662/yr in estimated NOI at the $300,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,356
Style
Single Family
Built
1948
Welcome home to 45 Thompkins Ave, a well-maintained and move-in-ready Cape-style home offering comfort and affordability in the desirable East Longmeadow! This inviting home features 3 generously sized bedrooms, 1 full bathroom, hardwood floors throughout, and an attached one-car garage for added convenience. Per the owner the roof is only 3 years old, the heating system and electrical panel were updated in 2012, while the spacious basement offers plenty of potential for additional finished living space, a home gym, office, or recreation area. Enjoy a functional layout with comfortable living spaces ready for you to make your own. Conveniently located near shopping, restaurants, schools, and Heritage Park, you’ll have everyday amenities and recreation just minutes away. This property also has an additional lot right behind it that can be purchased separately! Don’t miss this opportunity to own an affordable single-family home in East Longmeadow.
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: 678 sq ft (the lesser of 900 sq ft or half the 1,356 sq ft principal dwelling).
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.
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Listing Agent: Regina Hudson
Listing Office: Homes Logic Real Estate, LLC
MLS® Number: 73563327
