76 Fenway Dr. Springfield — Photo 1 of 42
$299,999
Investment Analysis — 76 Fenway Dr.
Springfield, MA 01119 — Sixteen Acres
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01119 carries an estimated $2,280/mo in gross rent — about a 5.45% cap rate and $16,342/yr in estimated NOI at the $299,999 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,284
Style
Single Family
Built
1946
Ideally located near Western New England University, this home offers wonderful potential for buyers ready to add their personal style and make it their own. Features include wood floors throughout, a cozy wood-burning fireplace, a bright sunroom overlooking the yard with unground pool and an attached 1 car garage. The fenced in yard is spacious and private perfect for relaxing, entertaining and keeping your pets contained. With some updating and finishing touches, this property could become a truly beautiful home.
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: 642 sq ft (the lesser of 900 sq ft or half the 1,284 sq ft principal dwelling). Lot size: 11,151 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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher
Neighborhood
Public Transportation • Park • Medical Facility • Laundromat • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood
Dining Room
Lvl FirstFlooring - Wood
Kitchen
Lvl FirstFamily Room
Lvl FirstSkylight, Vaulted Ceiling(s)
Master Bedroom
Lvl SecondFlooring - Wood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wood
Listing Agent: Gwendolyn Levine
Listing Office: Executive Real Estate, Inc.
MLS® Number: 73575389