What is the estimated cap rate for 31-33 Hayden Ave, Springfield, MA 01109?

Based on rent reported on the MLS listing, 31-33 Hayden Ave, Springfield, MA 01109 (2 units) has an estimated 4.19% cap rate at its $465,000 list price, assuming $2,500/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 31-33 Hayden Ave, Springfield, MA 01109?

The MLS listing reports about $2,500/month in total rent for a 2-unit multi-family in 01109. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

18 Days on market

31-33 Hayden Ave Springfield — Photo 1 of 15

$465,000

Investment Analysis — 31-33 Hayden Ave

Springfield, MA 01109 — Hill McKnight

Based on rent reported on the MLS listing, a 2-unit multi-family in 01109 carries $2,500/mo in gross rent — about a 4.19% cap rate and $19,490/yr in estimated NOI at the $465,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

3.5

SqFt

2,213

Style

2 Family - 2 Units Up/Down

Built

1896

Income today with even more potential tomorrow! This spacious two-family offers an excellent opportunity for investors or future owner-occupants. The upper unit spans the second and third floors with 4 bedrooms and 2 baths and is currently generating $2,500 per month. The first-floor 2-bedroom unit offers additional income potential—estimated at approximately $1,700/month—or the opportunity for future owner occupancy. With 6 bedrooms, 3+ baths and over 2,200 sq. ft. of living space, there's plenty to work with. Features include a newer roof, full basement, porches, fenced yard and off-street parking. Convenient to area colleges, public transportation, shopping and major routes. Tenant occupied and ready for its next chapter—bring your vision and unlock the property's full income potential! Available for Group Showings

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$465,000

Annual Taxes$3,310

Parking

Garage0

Off-Street2

Interior Specifications

Total Rooms12

FireplacesNone

FlooringWood, Laminate

BasementFull, Interior Entry, Unfinished

Climate & Utilities

Heating--

Cooling--

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationBrick/Mortar

ZoningR2

Property & Lot

Acres0.08

SqFt Lot3,511

Lot FeaturesMarsh

Neighborhood

Public Transportation • Shopping • Pool • Park • Medical Facility • Laundromat

Geography

Listing Provided By

Listing Agent: Fermin Group

Listing Office: Century 21 North East

MLS® Number: 73568688