Lot 9 Old West Ludlow — Photo 1 of 1
Recent Drop: $30,000
$59,000
Investment Analysis — Lot 9 Old West
Ludlow, MA 01056
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a home in 01056 carries an estimated $1,220/mo in gross rent — about a 18.78% cap rate and $11,078/yr in estimated NOI at the $59,000 list price. Adjust every assumption in the calculator below.
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Residential
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Discover a fantastic opportunity to build in a desirable area of Ludlow! Lot #9, a 1.58-acre parcel, is located on a quiet, dead-end street surrounded by well-maintained duplex homes, offering both privacy and a sense of community.This spacious lot is ideal for your next project, whether you're a homeowner or an investor looking to capitalize on Ludlow’s thriving real estate market.Additional Lots Available:Lot #6: 2.84 acresLot #7: 2.68 acresTake advantage of the chance to purchase multiple lots and create a cohesive development or secure additional privacy. Conveniently located near local amenities, schools, and major routes, this is an opportunity you won’t want to miss.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Park • Golf • Highway Access • House of Worship
Geography
Property History
$59,000
Was $89,000
Sep 4, 2026
MLS® 73489524
$89,000
Mar 20, 2026
MLS® 73489524
$89,000
Jan 30, 2026
MLS® 73325597
$89,000
Jan 13, 2025
MLS® 73325597
Listing Agent: Paul Zingarelli
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73489524
