What is the estimated cap rate for 30 Santa Barbara, Springfield, MA 01104?

Based on rent reported on the MLS listing, 30 Santa Barbara, Springfield, MA 01104 (2 units) has an estimated 7.51% cap rate at its $375,000 list price, assuming $3,600/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 30 Santa Barbara, Springfield, MA 01104?

The MLS listing reports about $3,600/month in total rent for a 2-unit multi-family in 01104. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

2 Days on market

30 Santa Barbara Springfield — Photo 1 of 23

$375,000

Investment Analysis — 30 Santa Barbara

Springfield, MA 01104

Based on rent reported on the MLS listing, a 2-unit multi-family in 01104 carries $3,600/mo in gross rent — about a 7.51% cap rate and $28,144/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,418

Style

Multi Family

Built

1928

Discover an exceptional opportunity at 30 Santa Barbara, Springfield, MA. This multi-family property spans 2118 square feet of living space, offering a unique blend of classic charm and potential. With six bedrooms, this property provides ample accommodation, catering to a variety of living arrangements. Set on a generous 5001 square foot lot, this three-story residence presents a versatile canvas for your vision. First floor unit has a finished family room in the basement. Second floor unit has 4 bedrooms and newer kitchen. Explore the possibilities of multi-generational living or investment income; schedule your viewing of this distinctive property today.

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 MLS and other third-party data may be inaccurate or out of date.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.

Financials

Original Price$375,000

Annual Taxes$4,688

Parking

Garage0

Off-Street2

Interior Specifications

Total Rooms12

FireplacesNone

FlooringWood, Tile

BasementPartially Finished, Interior Entry

Climate & Utilities

HeatingSteam

Cooling--

WaterPublic

SewerPublic Sewer

Building & Exterior

Construction--

RoofShingle

FoundationStone

ZoningRes

Property & Lot

Acres0.11

SqFt Lot5,001

Lot FeaturesLevel

Amenities & Appliances

Range • Wine Refrigerator • Refrigerator

Geography

Listing Provided By

Listing Agent: Sharon Niedbala

Listing Office: ERA M Connie Laplante Real Estate

MLS® Number: 73576202