16 Kaveney St Chicopee — Photo 1 of 25
$470,000
Investment Analysis — 16 Kaveney St
Chicopee, MA 01020 — Aldenville
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01020 carries an estimated $2,290/mo in gross rent — about a 3.12% cap rate and $14,682/yr in estimated NOI at the $470,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,824
Style
Single Family
Built
1950
Wow !!! Are you looking for a ranch style Home with an in-law apartment ? This property features the main house of 3 bedrooms with updated kitchen and bathroom, slider off kitchen to large deck with ceiling fans leading to a 16x36 inground pool in private vinyl fenced yard which has 2 storage sheds.Other features include wood flooring, central air, central vac and partially finished basement.The ADU has an open floor plan with kitchen/livingroom, bedroom,full bath and stackable laundry and separate utilities. Property also features two separate driveways. Property can potentially be divided to be two bedrooms each unit. Showings begin at Open House Sat 29th from 11-1
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 1,824 sq ft principal dwelling). Lot size: 13,709 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 MLS and other third-party data may be inaccurate or out of date.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
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Pool • Tennis Court(s) • Park • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Lvl FirstCeiling Fan(s), Countertops - Stone/Granite/Solid, Deck - Exterior, Open Floorplan
Master Bedroom
Lvl FirstCeiling Fan(s), Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCeiling Fan(s), Flooring - Hardwood
Bedroom 4
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - Full
Property History
$470,000
Aug 27, 2026
MLS® 73568879
$450,000
Jun 4, 2025
MLS® 73379764
$399,900
May 25, 2025
MLS® 73379764
Listing Agent: Stephen Byrne
Listing Office: First Place Realty
MLS® Number: 73568879