279 Adams St Agawam — Photo 1 of 39
Recent Drop: $4,000
$379,000
Investment Analysis — 279 Adams St
Agawam, MA 01001
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01001 carries an estimated $2,340/mo in gross rent — about a 4.43% cap rate and $16,808/yr in estimated NOI at the $379,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,802
Style
Single Family
Built
1968
NEAT AS A PIN and ready to MOVE IN ~ This well maintained Raised Ranch is waiting to welcome you home! Don't miss your Opportunity to set roots in a highly desired Agawam location, with easy access to highways and local amenities. Step inside to discover beautiful Hardwood Flooring, a large eat-in Kitchen, and cozy Living Room with Fireplace. Also featuring 3 good sized Bedrooms, large bathroom, plentiful storage and great natural light. The Lower level takes you to the Family room with efficient Gas Fireplace for heat, a Laundry Room with sink (with potential for a second bathroom) , a secluded corner Office and large workshop ~ with custom built storage spaces. This area could become in-law apartment! There is an attached 2 Car Garage for your vehicles w/ attic storage above. Outside, the property is mostly fenced with garden area and Shed. Much of the Classic Charm remains in this amazing home while offering lovely Modern Conveniences. Electricity expense is paid during summer months with the Solar energy production (panels installed in 2018) and the Roof new in 2016.
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 1,802 sq ft principal dwelling). Lot size: 15,000 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
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Stable(s) • Golf • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Lvl FirstFlooring - Vinyl, Countertops - Upgraded, Deck - Exterior, Exterior Access
Office
Lvl BasementCloset/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Family Room
Lvl BasementWood / Coal / Pellet Stove, Flooring - Wall to Wall Carpet, Exterior Access, Closet - Double
Master Bedroom
Lvl FirstCloset, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCloset, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Vinyl
Property History
$379,000
Was $383,000
Aug 6, 2026
MLS® 73549274
$383,000
Jul 14, 2026
MLS® 73549274
Listing Agent: Terry Hooper
Listing Office: Park Square Realty
MLS® Number: 73549274