
70 Pine St Chicopee — Photo 1 of 39
$449,900
Investment Analysis — 70 Pine St
Chicopee, MA 01020
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01020 carries an estimated $2,290/mo in gross rent — about a 3.73% cap rate and $16,775/yr in estimated NOI at the $449,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,131
Style
Single Family
Built
1880
Welcome to 70 Pine St. in Chicopee! Set on an oversized lot, this recently renovated 4-bedroom Colonial offers an impressive amount of space while beautifully blending modern updates with the homes original character. Gorgeous hardwood floors, crown molding, and 2 original stained-glass windows are just a few of the details that give this home its distinctive charm. The spacious layout provides plenty of room for both everyday living and entertaining, including a welcoming sunroom that adds another inviting space to relax and enjoy the natural light. Four Bedrooms are complimented by additional flexible space with a potential for a 5th bedroom, home office, playroom, or a bonus room. One of the home's most memorable features is a cleverly concealed walk-in closet tucked behind a built-in bookcase-a unique surprise that adds even more personality. A beautiful soaking tub adds another touch of timeless character to the home. An upper-level walk-out deck creates the perfect spot to step outside and unwind, while the over-sized fenced in yard offers plenty of room to enjoy the outdoors. Forced air heating and recent renovations throughout add to the home's comfort and appeal. From the beautiful hard wood floors and original architectural details to the sunroom, generous living space, and one-of-a-kind features, 70 Pine St. is home with character around every corner. Come experience all that this Chicopee Colonial has to offer.
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: 900 sq ft (the lesser of 900 sq ft or half the 2,131 sq ft principal dwelling). Lot size: 13,400 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.
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Gas Water Heater • Oven • Dishwasher • Microwave • Refrigerator
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Public Transportation • Park • Medical Facility • Highway Access • Public School
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Living Room
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Lvl FirstKitchen
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Lvl SecondMaster Bedroom
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Lvl FirstBedroom 3
Lvl SecondBedroom 4
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Lvl SecondListing Agent: Jennifer Getto
Listing Office: NextHome Elite Realty
MLS® Number: 73569995
