420 Lower Hampden Rd Monson — Photo 1 of 42
$495,000
Investment Analysis — 420 Lower Hampden Rd
Monson, MA 01057
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01057 carries an estimated $1,910/mo in gross rent — about a 2.38% cap rate and $11,781/yr in estimated NOI at the $495,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,896
Style
Single Family
Built
1977
Tucked along a scenic stretch of Lower Hampden Road, this four-bedroom, two-bathroom home in Monson delivers the kind of indoor-outdoor lifestyle that's increasingly hard to find. From the covered front porch spanning the full width of the house to the sparkling inground pool out back, every season brings a new reason to love this property. Inside, the kitchen opens to a cozy family room anchored by a pellet stove — a warm, inviting gathering spot during colder months. A three-season room bridges interior comfort and the outdoors, flooding the home with natural light while offering a relaxed space for morning coffee or evening unwinding. The sprawling lot is where this property truly commands attention. Expansive acreage stretches in every direction, delivering the kind of wide-open space that's become a rare commodity. Monson's tight-knit community charm combined with this home's versatile outdoor spaces creates a compelling package. Book your private tour before the word gets out.
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 1,896 sq ft principal dwelling). Lot size: 119,790 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
Electric Water Heater • Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Walk/Jog Trails • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box
Dining Room
Lvl FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Breakfast Bar / Nook, Open Floorplan, Remodeled
Family Room
Lvl FirstWood / Coal / Pellet Stove, Flooring - Hardwood, French Doors, Exterior Access, Open Floorplan
Master Bedroom
Lvl SecondFlooring - Hardwood
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl SecondFlooring - Hardwood
Bedroom 4
Lvl SecondFlooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Susan Rheaume
Listing Office: Landmark, REALTORS®
MLS® Number: 73551841