145 Gates Ave East Longmeadow — Photo 1 of 39
$389,900
Investment Analysis — 145 Gates Ave
East Longmeadow, MA 01028 — A tight knit Community near shops, restaurants, parks & schools
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01028 carries an estimated $2,210/mo in gross rent — about a 3.71% cap rate and $14,481/yr in estimated NOI at the $389,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,216
Style
Single Family
Built
1956
Welcome to 145 Gates Ave, located in East Longmeadow, one of Western Massachusetts’ premier communities—a vibrant, active town known for its restaurants, shops, schools and the new East Longmeadow High School. This impressive ranch has been completely remodeled by a licensed professional general contractor known for building quality homes throughout the area. Attractive curb appeal welcomes you with a newer roof, replacement windows, vinyl siding, front sitting patio and 2-car garage. Out back, enjoy a large yard and concrete patio with plenty of room for children, pets, entertaining or relaxation. Step inside and prepare to be impressed by the stunning open floor plan featuring a family room with vaulted ceilings, gleaming hardwood floors and a brand-new kitchen fully outfitted with new appliances. A beautifully remodeled bath showcases stylish tile work, while a newer high-efficiency gas heating system and updated electrical add comfort and peace of mind. A must-see for buyers seeking beautifully updated one-level living!
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: 608 sq ft (the lesser of 900 sq ft or half the 1,216 sq ft principal dwelling). Lot size: 10,000 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCloset, Flooring - Hardwood, Window(s) - Picture, Exterior Access, Open Floorplan, Remodeled
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances
Family Room
Lvl Main,FirstCeiling Fan(s), Vaulted Ceiling(s), Flooring - Stone/Ceramic Tile, Exterior Access, Open Floorplan, Remodeled
Primary Bedroom
Lvl Main,FirstCloset, Flooring - Hardwood, Remodeled
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl Main,FirstCloset, Flooring - Hardwood, Remodeled
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled
Listing Agent: Chester Ardolino
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73578794
