570 Woodland Way Russell — Photo 1 of 35
Recent Drop: $14,990
$415,000
Investment Analysis — 570 Woodland Way
Russell, MA 01071
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01071 carries an estimated $1,720/mo in gross rent — about a 1.89% cap rate and $7,846/yr in estimated NOI at the $415,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,241
Style
Single Family
Built
2001
Move-in ready and beautifully updated, this 3-bedroom, 2-bath home in desirable Russell offers modern comfort and functional living. The open-concept kitchen flows into the spacious living room, creating an ideal space for entertaining, while large windows fill the home with natural light. Recent updates include a new roof, flooring, carpet, lighting, and a renovated full bath. The primary suite features a private en-suite bath, and all bedrooms are generously sized. The semi-finished basement with a pellet stove provides flexible space for a family room, office, gym, or rec area. Step outside to a rear deck overlooking a private, maturely landscaped backyard. Built in 2001 and thoughtfully updated throughout, this home is truly move-in ready. Schedule your private showing today!
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: 621 sq ft (the lesser of 900 sq ft or half the 1,241 sq ft principal dwelling). Lot size: 88,862 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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Property History
$415,000
Was $429,990
Aug 17, 2026
MLS® 73545896
$429,990
Jul 7, 2026
MLS® 73545896
Listing Agent: Karol Makusiewicz
Listing Office: Signature Realty
MLS® Number: 73545896
