
36 Ludlow Road Chicopee — Photo 1 of 42
$480,000
Investment Analysis — 36 Ludlow Road
Chicopee, MA 01020 — Fairview
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01020 carries an estimated $2,120/mo in gross rent — about a 2.78% cap rate and $13,355/yr in estimated NOI at the $480,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,400
Style
Single Family
Built
2007
BEAUTIFUL, SPACIOUS & IMMACULATE! This lovingly maintained home is filled with warmth, wonderful living space and an open floor plan that makes entertaining a breeze. The spacious kitchen and dining area is sure to become the heart of the home, featuring a convenient island and breakfast bar providing additional workspace and a comfortable spot for casual meals or conversation. A slider from the dining area leads to what may quickly become your favorite room in the house—the beautiful sunroom, a true highlight of the first floor! Filled with natural light, it's a wonderful place to enjoy your morning coffee, curl up with a good book or simply relax. Step onto the balcony overlooking the beautifully maintained, fenced backyard and enjoy a front-row seat to New England's changing seasons. Generously sized bedrooms are located down the hall, including a spacious main bedroom with ensuite bath. Two bedrooms feature walk-in closets, while the third offers a double closet, providing plenty of storage. The first-floor laundry is conveniently located close to the bedrooms. And the living space doesn't stop there! The HUGE finished daylight basement is welcoming and offers an incredible amount of additional living space. With walkout access to the composite deck and concrete patio, the lower level offers possibilities for a family room, game room, guest space or even a potential multi-generational living arrangement. It's a versatile space that can adapt to your household's changing needs. The oversized two-car garage provides plenty of room for vehicles, storage and more. The hot water tank is brand new, while additional improvements include a generator hook-up and newer, efficient mini-split systems providing ice-cold A/C during summer and supplemental warmth during colder months. Pride of ownership is evident throughout this immaculate home, from the generous room sizes to the beautifully maintained fenced yard and multiple areas for indoor and outdoor entertaining. And with the holidays just around the corner, imagine celebrating them here—gathering in the kitchen, enjoying holiday dinners, relaxing in the sunroom and having plenty of room downstairs for games, movies and making memories. Spacious, beautifully maintained and ready to enjoy—come take a look and get ready to make 36 Ludlow Road your HOME FOR THE HOLIDAYS!
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 2,400 sq ft principal dwelling). Lot size: 10,849 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 • Disposal • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Golf • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCeiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Picture, Exterior Access, Open Floorplan, Lighting - Overhead
Kitchen
Lvl Main,FirstFlooring - Vinyl, Dining Area, Pantry, Kitchen Island, Exterior Access, Open Floorplan, Slider, Lighting - Overhead
Family Room
Lvl BasementCloset, Cable Hookup, Exterior Access, Lighting - Overhead, Flooring - Concrete
Primary Bedroom
Lvl FirstBathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCloset, Flooring - Wall to Wall Carpet, Cable Hookup, High Speed Internet Hookup
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Vinyl
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Listing Agent: Paris A. Morley
Listing Office: Skye Mountain Realty, Inc.
MLS® Number: 73579835

