24 Pendleton Ave Chicopee — Photo 1 of 9
$250,000
Investment Analysis — 24 Pendleton Ave
Chicopee, MA 01020
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01020 carries an estimated $2,120/mo in gross rent — about a 6.16% cap rate and $15,399/yr in estimated NOI at the $250,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,134
Style
Single Family
Built
1900
Priced well below assessed value makes this colonial style home is a great find. Add your personal touches and imagination to make this house your new home. Buyer to verify all info and use. Property is being sold in 'AS IS' condition. The Seller does not make any representations or warranties, expressed or implied, as to its condition.
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: 567 sq ft (the lesser of 900 sq ft or half the 1,134 sq ft principal dwelling). Lot size: 11,566 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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl FirstListing Agent: Steven Pedro
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73568777