71 Colony Rd #1B West Springfield — Photo 1 of 33
$154,900
Investment Analysis — 71 Colony Rd #1B
West Springfield, MA 01089
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01089 carries an estimated $1,560/mo in gross rent — about a 5.08% cap rate and $7,872/yr in estimated NOI at the $154,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
541
Style
Condominium
Built
1943
Updated & refreshed, this one-level condo is ready for you! The newer kitchen features attractive white cabinetry and stainless appliances. Updated Full Bath, too! The neutral decor throughout this convenient first floor condo is ready to add your own style. This corner end unit offers added privacy and convenience, plus TWO dedicated parking spaces. The condo fee includes heat and hot water, landscaping, snow removal, access to laundry facilities, and more! Ideally located and move-in ready, this condo is priced to sell and easy to show! Don’t miss this opportunity!
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Public School
Geography
Listing Agent: Karen St. Amand
Listing Office: Today Real Estate, Inc.
MLS® Number: 73568772
