254 Mccarthy Ave Chicopee — Photo 1 of 36
$400,000
Investment Analysis — 254 Mccarthy 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 4.15% cap rate and $16,608/yr in estimated NOI at the $400,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,728
Style
Single Family
Built
1959
Discover a truly unique opportunity at 254 McCarthy Ave, a single-family residence on a quiet dead end street that is close to all the area amenities. This property offers 1728 square feet of living space on a generous 26,242 square foot lot, providing ample room for both indoor comfort and outdoor enjoyment. The home offers four well-proportioned bedrooms, providing flexible living arrangements and private retreats for all occupants. The bathroom is updated and even includes a heated floor. Enjoy your morning coffee on the covered patio or on the sunny deck in the private back yard. Expansive composite decking including three levels including two covered areas and one sun deck. The property boasts a two-car garage, offering convenient parking and additional storage solutions. There are even two sheds. One that is complete with electric and would be a great workshop. This property presents a compelling canvas for creating your ideal home and lifestyle.
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: 864 sq ft (the lesser of 900 sq ft or half the 1,728 sq ft principal dwelling). Lot size: 26,242 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
Gas Water Heater • Water Heater • Range • Disposal • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Dining Area
Family Room
Lvl BasementFlooring - Vinyl, Window(s) - Picture, Exterior Access, Gas Stove
Primary Bedroom
Lvl FirstFlooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondFlooring - Hardwood
Bedroom 4
Lvl SecondFlooring - Hardwood
Bathroom 1
Lvl Main,FirstBathroom - Full, Closet - Linen, Flooring - Laminate
Listing Agent: Sharon Niedbala
Listing Office: ERA M Connie Laplante Real Estate
MLS® Number: 73576176