
227 Telegraph Ave Chicopee — Photo 1 of 42
$470,000
Investment Analysis — 227 Telegraph Ave
Chicopee, MA 01020
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 3.19% cap rate and $14,992/yr in estimated NOI at the $470,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
1,816
Style
Single Family
Built
1988
Built by its owner alongside his family and his father, a master mason, this is a home where craftsmanship, care and pride were part of the plan from day one. Tucked quietly at the end of the street and surrounded by natural greenery, the setting feels peaceful and private. Inside, the generous floor plan lives large with beautiful wood floors through much of the home, a beamed family room, living room with wood-burning fireplace, dining room and spacious kitchen with abundant cabinetry plus a pantry with pull-out storage. A half bath completes the main level. Upstairs offers four large bedrooms, a full bath with new flooring and a bonus room ideal for an office or future second floor laundry. The finished lower level adds LVP flooring, a full bath with walk-in shower, laundry, workout room and storage. Out back, a patio overlooks natural privacy, while a nearby neighborhood walkway offers a convenient pedestrian route toward the school without sacrificing the home’s tucked away feel.
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 1,816 sq ft principal dwelling). Lot size: 31,000 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
Water Heater • Oven • Dishwasher • Disposal • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Wood, Recessed Lighting
Dining Room
Lvl Main,FirstFlooring - Wood, Lighting - Overhead
Kitchen
Lvl Main,FirstFlooring - Vinyl, Dining Area, Pantry, Lighting - Overhead
Family Room
Lvl Main,FirstCathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Flooring - Vinyl, Exterior Access, Open Floorplan, Slider
Primary Bedroom
Lvl SecondCeiling Fan(s), Closet, Flooring - Wood, Recessed Lighting
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCeiling Fan(s), Closet, Flooring - Wood
Bedroom 4
Lvl SecondCeiling Fan(s), Closet, Flooring - Wood
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Vinyl
Bathroom 2
Lvl SecondBathroom - Full, Flooring - Vinyl
Bathroom 3
Lvl BasementBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: The Aimee Kelly Crew
Listing Office: eXp Realty LLC
MLS® Number: 73580177