980 Center Street Ludlow — Photo 1 of 42
Recent Drop: $50,000
$650,000
Investment Analysis — 980 Center Street
Ludlow, MA 01056
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01056 carries an estimated $2,130/mo in gross rent — about a 1.40% cap rate and $9,106/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,236
Style
Single Family
Built
2020
Back on the market after resolving a title issue! This beautiful 6-year-old ranch in Ludlow offers a bright, open floor plan filled with natural light and warm, inviting living spaces. Hardwood floors run throughout the main living areas, with tile flooring in the bathrooms. Spacious bedrooms provide ample closet space, and the versatile bonus room with exterior access is perfect for a home office, playroom, fitness space, or peaceful retreat.Step outside to enjoy the deck off the dining area overlooking the beautifully landscaped yard and saltwater inground pool — perfect for relaxing or entertaining. Additional features include generator-ready hookup, central air, first-floor laundry, a full basement with abundant storage, and an attached garage. Owned solar panels help keep utility costs down, making this home as practical as it is beautiful.
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 2,236 sq ft principal dwelling). Lot size: 46,174 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
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Shopping • Walk/Jog Trails • Golf • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17.5 x 14
Ceiling Fan(s), Flooring - Hardwood, Open Floorplan
Dining Room
Lvl First19 x 23
Flooring - Hardwood, French Doors, Deck - Exterior
Kitchen
Lvl First10 x 23
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Lighting - Pendant
Master Bedroom
Lvl First18.5 x 12
Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl First12 x 11
Bedroom 3
Lvl First12.5 x 18
Ceiling Fan(s), Flooring - Hardwood, Closet - Double
Bathroom 1
Lvl First12 x 7
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl First9 x 6
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Property History
$650,000
Was $685,000
Aug 2, 2026
MLS® 73476769
$685,000
Was $700,000
Jun 3, 2026
MLS® 73476769
$700,000
Feb 12, 2026
MLS® 73476769
Listing Agent: The Crowley Team
Listing Office: Keller Williams Realty
MLS® Number: 73476769
