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227 Telegraph Ave Chicopee — Photo 1 of 42

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.

View Standard Listing

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

Original Price$470,000
Annual Taxes$5,893

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile, Vinyl, Flooring - Vinyl
BasementFull, Finished, Interior Entry, Bulkhead

Climate & Utilities

HeatingForced Air, Oil
CoolingCentral Air, Whole House Fan
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter, Block
Zoning7

Property & Lot

Acres0.71
SqFt Lot31,000
Lot FeaturesLevel

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

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
First
Bathroom 1
Basement
Bathroom 3
Main,First
Living RoomDining RoomKitchenFamily Room
Living Room
Lvl Main,First

Flooring - Wood, Recessed Lighting

Dining Room
Lvl Main,First

Flooring - Wood, Lighting - Overhead

Kitchen
Lvl Main,First

Flooring - Vinyl, Dining Area, Pantry, Lighting - Overhead

Family Room
Lvl Main,First

Cathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Flooring - Vinyl, Exterior Access, Open Floorplan, Slider

Primary Bedroom
Lvl Second

Ceiling Fan(s), Closet, Flooring - Wood, Recessed Lighting

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Ceiling Fan(s), Closet, Flooring - Wood

Bedroom 4
Lvl Second

Ceiling Fan(s), Closet, Flooring - Wood

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Vinyl

Bathroom 2
Lvl Second

Bathroom - Full, Flooring - Vinyl

Bathroom 3
Lvl Basement

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: The Aimee Kelly Crew

Listing Office: eXp Realty LLC

MLS® Number: 73580177