115 Clover Rd. Ludlow — Photo 1 of 23
$395,000
Investment Analysis — 115 Clover Rd.
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 3.77% cap rate and $14,881/yr in estimated NOI at the $395,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,370
Style
Single Family
Built
1962
Welcome Home! This inviting 3-bedroom, 1.5-bath raised ranch offers the perfect blend of comfort, updates, and outdoor living. Built in 1962 and lovingly maintained, this home features a 2-car garage and sits on a generous approximately 15,000 sq. ft. lot with privacy bushes, partial fencing, and an in-ground sprinkler system. The kitchen offers plenty of functionality with appliances included and direct access to the newer Trex deck—an ideal spot for morning coffee, summer gatherings, or relaxing at the end of the day. The lower level adds even more living and storage flexibility with a half bath, bar area, storage shelving, newer washer and dryer, newer furnace, central air, and a water heater replaced in 2025. Numerous important updates provide peace of mind, including a septic system replaced in 2026 with a passed Title V inspection, updated windows, a roof less than 20 years old, and improved attic insulation. With great outdoor space, abundant storage, a 2-car garage, and thoughtful updates throughout, this charming raised ranch is ready to welcome its next owner. Located minutes from I-90 Mass Pike, grocery stores, restaurants, retail stores and all the amenities this town 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: 685 sq ft (the lesser of 900 sq ft or half the 1,370 sq ft principal dwelling). Lot size: 15,159 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Electric Water Heater • Water Heater • Range • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondFlooring - Hardwood, Flooring - Wall to Wall Carpet
Kitchen
Lvl Main,SecondFlooring - Vinyl, Balcony / Deck, Exterior Access
Master Bedroom
Lvl SecondFlooring - Hardwood, Closet - Double
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood, Flooring - Wall to Wall Carpet, Closet - Double
Listing Agent: Lisa Beaver
Listing Office: LAER Realty Partners
MLS® Number: 73573742