74 Gates Ave East Longmeadow — Photo 1 of 38
Recent Drop: $44,900
$290,000
Investment Analysis — 74 Gates Ave
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 5.42% cap rate and $15,712/yr in estimated NOI at the $290,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,344
Style
Single Family
Built
1920
Welcome home to this cute and well-maintained 3 bedroom 2 bath property ideally located near Heritage Park with beautiful views of the pond. The main living area features recently refinished hardwood floors that add warmth and character throughout the home. The flexible floor plan offers a dining room that is currently being used as a third bedroom, providing additional living space options to fit your needs. Enjoy relaxing mornings or evenings in the great enclosed porch overlooking the peaceful surroundings. Conveniently located close to the park, walking trails, shopping and local amenities, this home offers, comfort, charm, and versatility in a desirable location.
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: 672 sq ft (the lesser of 900 sq ft or half the 1,344 sq ft principal dwelling). Lot size: 7,500 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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Vinyl, Stainless Steel Appliances, Lighting - Overhead
Master Bedroom
Lvl FirstFlooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Vinyl
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Vinyl
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub, Flooring - Vinyl
Property History
$290,000
Was $294,900
Sep 1, 2026
MLS® 73519910
$294,900
Was $299,900
Jul 25, 2026
MLS® 73519910
$299,900
Was $319,900
Jul 3, 2026
MLS® 73519910
$319,900
Was $334,900
May 27, 2026
MLS® 73519910
$334,900
May 15, 2026
MLS® 73519910
Listing Agent: Travis Odiorne
Listing Office: EXIT Real Estate Executives
MLS® Number: 73519910
