6 North Lane Monson — Photo 1 of 30
$375,000
Investment Analysis — 6 North Lane
Monson, MA 01057
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01057 carries an estimated $1,770/mo in gross rent — about a 3.15% cap rate and $11,821/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,482
Style
Single Family
Built
1959
Welcome home to this charming 3 bedroom, 2 full bath Cape on a dead end street in Monson! Come inside to find warm wood floors and a comfortable, inviting layout with plenty of natural light. The second floor bedrooms feature skylights that add character and bring in additional natural light. The walk-out basement provides convenient direct access to the front driveway, making storage and everyday use a breeze. Head outside from the living room onto the deck, perfect for relaxing, entertaining, or enjoying the outdoors. The property also features a storage shed and greenhouse, offering plenty of space for gardening, hobbies, and outdoor equipment. With its classic Cape-style charm and great indoor and outdoor features, this home is ready to welcome its next owner! Open House Saturday September 12th, 1:30-3:00.
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: 741 sq ft (the lesser of 900 sq ft or half the 1,482 sq ft principal dwelling). Lot size: 10,890 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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood, Window(s) - Picture, Exterior Access, Slider
Kitchen
Lvl Main,FirstFlooring - Vinyl, Exterior Access
Master Bedroom
Lvl FirstCloset, Flooring - Wood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondSkylight, Closet, Flooring - Laminate
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Listing Agent: Jennifer Tetreault
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73575353