705 General Knox Rd Russell — Photo 1 of 42
$499,900
Investment Analysis — 705 General Knox Rd
Russell, MA 01071
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01071 carries an estimated $1,720/mo in gross rent — about a 1.76% cap rate and $8,805/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,984
Style
Single Family
Built
1987
Enjoy peaceful country living on 2 private acres in this charming custom saltbox style home offering plenty of space & storage. The property features an oversized 2-car attached garage plus an additional oversized 3-car built-in garage on the lower rear level, complete w/separate access—ideal for car enthusiasts or potential boat storage. Additional highlights include new shed with electricity, central vacuum, fenced yard, screened porch, covered front porch, and a rear deck—perfect for relaxing or entertaining. The partially finished basement provides even more flexibility. Inside, you’ll find an eat-in granite kitchen w/stainless appliances, including washer/dryer. Skylights add abundant natural light throughout, along w/vaulted ceilings. Relax by the hearth-style brick fireplace w/wood stove insert. Upstairs, the primary bedroom offers double closets and the spacious primary bath features an oversized jacuzzi tub. Boiler updated in 2019. Deferred showings until 8/1/26.
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 1,984 sq ft principal dwelling). Lot size: 88,862 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstSkylight, Vaulted Ceiling(s), Flooring - Hardwood, Deck - Exterior, Exterior Access, Slider
Kitchen
Lvl FirstCeiling Fan(s), Flooring - Stone/Ceramic Tile, Exterior Access, Stainless Steel Appliances
Family Room
Lvl FirstCeiling Fan(s), Vaulted Ceiling(s), Flooring - Wall to Wall Carpet, Exterior Access
Master Bedroom
Lvl SecondBathroom - Full, Ceiling Fan(s), Flooring - Wall to Wall Carpet, Closet - Double
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Jen Wilson Home Team
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73555862