12 First Street East Longmeadow — Photo 1 of 28
$299,900
Investment Analysis — 12 First Street
East Longmeadow, MA 01028
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01028 carries an estimated $1,800/mo in gross rent — about a 3.83% cap rate and $11,490/yr in estimated NOI at the $299,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,041
Style
Single Family
Built
1900
Charming Farmhouse Colonial with Character, updates and Convenience! Step into the warmth of this inviting 2-bedroom 2-bath home, where classic detail blends beautifully with hardwood floors, an abundance of built ins and timeless charm. The dining room features a built-in hutch, while the kitchen has been refreshed with new countertops, dishwasher and refrigerator. Electrical service has been updated to 200 amp, and both the home and the garage have new roofs (2023) for added peace of mind. The spacious primary bedroom offers a wall of built ins and two closets. Enjoy relaxing or entertaining on your deck or porch which overlooks the yard with plenty of room to garden and play. The two-car garage provides plenty of space for vehicles, storage, hobbies or workshop needs. Ideally located within walking distance to the center of town with lots of shops and restaurants, the new High School, and an easy commute to major highways. Solar is leased and helps with the cost of utility bills.
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: 521 sq ft (the lesser of 900 sq ft or half the 1,041 sq ft principal dwelling). Lot size: 13,068 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 • Dishwasher • Washer • Dryer
Neighborhood
Shopping • Tennis Court(s) • Walk/Jog Trails • Bike Path • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood
Dining Room
Lvl Main,FirstFlooring - Hardwood, Exterior Access
Kitchen
Lvl Main,FirstCloset, Flooring - Vinyl, Dining Area, Pantry, Exterior Access
Primary Bedroom
Lvl SecondCloset, Flooring - Hardwood
Bedroom 2
Lvl SecondBathroom 1
Lvl Main,FirstBathroom - With Shower Stall, Flooring - Vinyl
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl
Listing Agent: Kathleen Grudgen
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73578743
