143 Skyridge Street Ludlow — Photo 1 of 23
$324,500
Investment Analysis — 143 Skyridge 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 4.68% cap rate and $15,174/yr in estimated NOI at the $324,500 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,048
Style
Single Family
Built
1955
A well-maintained ranch home offering comfort, updates, and a private natural setting. The property features a new roof installed May 2026 with shingles carrying a 50-year manufacturer’s warranty (paperwork available). Durable vinyl siding and vinyl windows (APO ~10 years old) add to the home’s long-term value. Inside, the home offers 3 bedrooms and 1 full bath, with hardwood flooring throughout the living room and all bedrooms. The living room includes hardwood floors, a fireplace, and great natural light. The kitchen features tile flooring for easy maintenance. The full bathroom was renovated apo 2024, including new laminated flooring, a modern shower, updated vanity, and fresh finishes. A standout feature is the finished area in the basement, ideal for extra living space, office, playroom, or entertainment. The basement also includes abundant storage, plus a dedicated laundry room with cabinets, shelving, and additional storage. Outside, enjoy a private yard backed by woods, offering peaceful views and a natural buffer. Along with a carport with closet and shed for extra storage.
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: 524 sq ft (the lesser of 900 sq ft or half the 1,048 sq ft principal dwelling). Lot size: 15,290 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
Range • Dishwasher • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood
Kitchen
Lvl FirstCloset, Flooring - Stone/Ceramic Tile
Master Bedroom
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Closet - Linen
Listing Agent: The Rez Group
Listing Office: Gallagher Real Estate
MLS® Number: 73570278