77 May Hill Rd Monson — Photo 1 of 36
$400,000
Investment Analysis — 77 May Hill Rd
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 2.82% cap rate and $11,271/yr in estimated NOI at the $400,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,242
Style
Single Family
Built
1990
Welcome home to this beautifully updated raised ranch offering comfort, functionality, and flexible living space! This 3-bedroom, 2 full bath home features a built-in 2-car garage and thoughtful updates throughout. Enjoy updated flooring, a pressure-treated back deck perfect for outdoor entertaining, and a finished heated basement that adds valuable additional living space.The lower level offers a separate entryway and walkout access to the backyard, creating endless possibilities for a home office, recreation space, or extended living setup. You’ll also find an oversized laundry room and potential for a future third bathroom. A chimney hookup is already in place for a wood or pellet stove.Additional updates include electric and hot water tank improvements completed in 2022. The property also features solar panels for added energy efficiency. Conveniently located and move-in ready, this home offers a wonderful combination of updates, space, and versatility.
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: 621 sq ft (the lesser of 900 sq ft or half the 1,242 sq ft principal dwelling). Lot size: 61,419 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 • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Shopping • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Laminate, Window(s) - Bay/Bow/Box
Dining Room
Lvl FirstFlooring - Laminate, Deck - Exterior
Kitchen
Lvl Main,FirstCloset/Cabinets - Custom Built, Countertops - Stone/Granite/Solid, Kitchen Island
Family Room
Lvl BasementCeiling Fan(s), Closet, Flooring - Laminate
Master Bedroom
Lvl FirstBathroom - 3/4, Ceiling Fan(s), Closet, Flooring - Laminate, Window(s) - Bay/Bow/Box
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCloset, Flooring - Laminate
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub, Jacuzzi / Whirlpool Soaking Tub, Wainscoting
Bathroom 2
Lvl FirstBathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Wainscoting
Listing Agent: Corie Bongiovanni
Listing Office: Coldwell Banker Realty - Western MA
MLS® Number: 73522002