
380 Plumtree Rd Springfield — Photo 1 of 42
$375,000
Investment Analysis — 380 Plumtree Rd
Springfield, MA 01118
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01118 carries an estimated $2,380/mo in gross rent — about a 4.49% cap rate and $16,845/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
1,764
Style
Single Family
Built
1986
Room to roam and space to enjoy! This 1986-built Center Hall Colonial offers over 1,760 square feet of comfortable living space, plus an additional 450 square feet of finished lower-level bonus space. With three generously sized bedrooms, two full and two half baths, and first-floor laundry, the floor plan offers the space and versatility today's lifestyle demands. A spacious front-to-back living room offers flexible space for both relaxing and working, highlighted by a wood-burning fireplace and French doors leading to the rear yard. The eat-in kitchen offers granite countertops and ample prep and storage areas while the adjacent formal dining room provides plenty of room for larger gatherings. An inviting center hall with double closet and convenient half bath with laundry units complete the main living area. Upstairs, the spacious primary bedroom features a walk-in closet, additional closet and private full bath. Two additional bedrooms, each with double closets, share a second full bath. The finished lower level expands your living space with a large family room and second half bath, while still providing ample room for storage. Outside, the oversized corner lot is a true extension of the home, featuring a fully fenced yard with patio, firepit, playscape and storage shed—offering abundant space for entertaining, play, gardening and enjoying seasonal outdoor living. Ideally situated in East Forest Park with easy access to area amenities, schools, parks, shopping and major roadways, this spacious and versatile home is ready to welcome its next owners!
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: 882 sq ft (the lesser of 900 sq ft or half the 1,764 sq ft principal dwelling). Lot size: 10,968 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 • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Dryer • Water Treatment • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Park • Golf • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Laminate, French Doors, Exterior Access
Dining Room
Lvl Main,FirstFlooring - Laminate
Kitchen
Lvl Main,FirstCloset, Flooring - Laminate, Dining Area, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Gas Stove
Family Room
Lvl BasementBathroom - Half, Flooring - Wall to Wall Carpet
Master Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Closet, Flooring - Laminate
Bedroom 2
Lvl SecondBedroom 3
Lvl ThirdFlooring - Wall to Wall Carpet, Closet - Double
Bathroom 1
Lvl Main,FirstBathroom - Half, Flooring - Laminate, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Shower Stall, Flooring - Vinyl
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate
Listing Agent: Angela M. Costello
Listing Office: Coldwell Banker Realty - Western MA
MLS® Number: 73575756