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7 Corey Colonial #7 Agawam — Photo 1 of 27

7 Corey Colonial #7 Agawam — Photo 1 of 27

$270,000

Investment Analysis — 7 Corey Colonial #7

Agawam, MA 01001

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01001 carries an estimated $1,910/mo in gross rent — about a 4.18% cap rate and $11,282/yr in estimated NOI at the $270,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

960

Style

Condominium

Built

1973

This is simply wonderful condo living at its best and an excellent opportunity for first-time home buyers or those looking to downsize without giving up comfort, space and amenities. Enjoy the association pool, dog park, tennis courts and clubhouse and never have to lift a rake or shovel! Sounds perfect, doesn't it? Then you must see this lovely townhouse condo featuring an updated and fully applianced kitchen with dining area which overlooks the charming enclosed patio. The updated baths add to the move-in-ready appeal of this wonderful home. Bright 1/2 bath and large living room round out the first floor nicely. 2nd floor offers 2 generous sized bedrooms with wall to wall vinyl flooring and ample closet space. Upstairs is also where you will find your updated full bath. Basement is partially finished with an ideal space for just hanging out with friends, in-home office, workout room or a place to craft. Options are endless and don't worry, there is still plenty of storage in the unfinished portion of the basement where you will find in-unit laundry. Don't hesitate because if you have to think about it may be gone.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$270,000
Annual Taxes$3,376.64
HOA Fee$230

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile
BasementY

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRA3

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Pool • Tennis Court(s) • Highway Access • House of Worship • Public School

Geography

Listing Provided By

Listing Agent: Dave Macwilliams

Listing Office: Naples Realty Group

MLS® Number: 73569990