
36 Mineral Spring Ave Ludlow — Photo 1 of 42
$1,600,000
Investment Analysis — 36 Mineral Spring Ave
Ludlow, MA 01056
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01056 carries an estimated $2,300/mo in gross rent — about a 0.43% cap rate and $6,946/yr in estimated NOI at the $1,600,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
5
SqFt
3,319
Style
Single Family
Built
1994
Set on 1.36 beautifully landscaped acres, this exceptional estate was designed for grand-scale living — from relaxed summer afternoons by the heated pool to cozy evenings by the fireplace, memorable gatherings, and plenty of space for hobbies, projects, and everyday enjoyment. Exceptionally clean and meticulously maintained, it brings together a 3,319 sq ft Cape, approx. 800 sq ft pool house, approx. 3,600 sq ft barn and 7 garage spaces, plus driveway parking for 5 cars. Inside, hardwood floors, French doors & natural light create a warm flow. The high-end custom kitchen is designed for everyday living & entertaining, with exceptional cabinetry & storage, granite counters, large island, Wolf gas cooktop, Bosch double ovens & dishwasher and a pantry, all opening to the main living areas. The vaulted family room, with skylights, picture window and gas fireplace, suits quiet nights or a full house. A first-floor primary suite offers a walk-in closet & remodeled bath with jetted tub & separate shower. Formal dining & living rooms & a half bath with laundry complete the level. Upstairs are 3 additional bedrooms & a full bath. One bedroom is currently an office with an impressive 9'7" x 14'9" closet, while a separate 17'2" x 30'8" bonus room above the heated 2-car garage offers endless flexibility. Downstairs, approx. 1,540 sq ft of finished space provides recreation & bonus areas, heat and A/C, interior & garage access, storage and one unforgettable surprise: a custom wine cellar hidden behind a built-in bookcase! Step outside and the property becomes a private retreat. The pool & spa, completely refurbished in 2023, are framed by patios, a cabana-style area, pavilion, gardens, irrigation & landscape lighting. A covered patio outside the pool house offers shade between swims. Inside, enjoy a pool table, full bar, full bath, under-counter refrigeration, dishwasher & microwave. Its basement stores kayaks, pool equipment and recreational gear. The approx. 3,600 sq ft barn offers about 1,800 sq ft per level plus balconies overlooking the property. Its heated 1st floor garage/work area has front & rear garage doors, including one with RV-height clearance. Upstairs, a gym/flex area is complemented by a full kitchen, bath, ample closet space and sauna. A 2023 main-house roof, 2024 skylights, central air, natural gas heat, gas generator with automatic switchgear complete an estate built with quality, thoughtfully improved and carefully maintained for the next chapter.
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 3,319 sq ft principal dwelling). Lot size: 59,285 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer • Vacuum System • Range Hood • Plumbed For Ice Maker
Neighborhood
Park • Walk/Jog Trails • Bike Path • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First18.5 x 16
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access
Dining Room
Lvl Main,First18 x 15
Flooring - Hardwood, Exterior Access
Kitchen
Lvl Main,First22 x 16.5
Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, French Doors, Kitchen Island, Cabinets - Upgraded, Cable Hookup, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
Family Room
Lvl Main,First32 x 16.5
Skylight, Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Picture, French Doors, Cable Hookup, Exterior Access, Open Floorplan
Master Bedroom
Lvl Main,First18 x 17
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Cable Hookup
Bedroom 2
Lvl Second13.5 x 23.5
Bedroom 3
Lvl Second12 x 14.5
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Closet - Double
Bedroom 4
Lvl Second16 x 14
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Closet - Double
Bathroom 1
Lvl Main,First10.5 x 5.5
Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Gas, Washer Hookup, Pedestal Sink
Bathroom 2
Lvl Main,First12.5 x 10
Bathroom - Full, Bathroom - With Tub & Shower, Countertops - Stone/Granite/Solid, French Doors, Jacuzzi / Whirlpool Soaking Tub, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Remodeled
Bathroom 3
Lvl Second9 x 10
Bathroom - Full, Bathroom - With Tub & Shower, Closet, Countertops - Upgraded
Listing Agent: Amy Mateus
Listing Office: Grace Group Realty, LLC
MLS® Number: 73563858