
1374 Plumtree Rd Springfield — Photo 1 of 35
$360,000
Investment Analysis — 1374 Plumtree Rd
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 4.38% cap rate and $15,776/yr in estimated NOI at the $360,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,825
Style
Single Family
Built
1940
Attention FIRST-TIME HOME BUYERS!!! This English Stone Cape Cod gem offers so much charm throughout, you'll fall in love! The spacious living room welcomes you with a cozy wood-burning brick-hearth fireplace and arched doorway that flows seamlessly into the quaint dining room with beautiful built-in cabinets. Wood flooring continues throughout the main living areas, where every window has a view of trees and greenery. The first floor includes two decent sized bedrooms with wood flooring beneath the carpeting, and a full tiled bath.The fantastic FOUR-SEASON SUNROOM overlooks a large, beautiful PRIVATE backyard with exterior access to the deck, perfect for outdoor dining. Upstairs, the spacious primary bedroom boasts two walk-in closets and a large attached half bath with excellent potential to create a full bath. The lower level provides additional bonus space with recessed lighting, perfect for a home office or hobbies, along with a dedicated laundry area. The lower level does need a cosmetic transformation. Additional highlights include a one-car garage, tool shed, town water and sewer, and four window A/C units to remain. Don't miss your opportunity to make this adorable house your HOME! BONUS: Per the seller, the roof on the entire home and sunroom addition will be replaced prior to closing. If the work cannot be completed prior to closing, the seller will pay the contractor from the closing proceeds.
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 1,825 sq ft principal dwelling). Lot size: 16,392 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 • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset, Flooring - Wood, Exterior Access, Open Floorplan, Archway
Dining Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Wood
Kitchen
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Wood, Dining Area, Open Floorplan
Primary Bedroom
Lvl SecondFlooring - Wall to Wall Carpet, Closet - Double
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCloset, Flooring - Wall to Wall Carpet, Flooring - Wood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Half, Walk-In Closet(s), Flooring - Vinyl
Listing Agent: Team Cuoco
Listing Office: Cuoco & Co. Real Estate
MLS® Number: 73564656

