617 River Rd Agawam — Photo 1 of 30
$324,900
Investment Analysis — 617 River Rd
Agawam, MA 01001
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01001 carries an estimated $2,340/mo in gross rent — about a 4.88% cap rate and $15,857/yr in estimated NOI at the $324,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,400
Style
Single Family
Built
1976
WELCOME TO 617 RIVER RD! This charming 3-bedroom ranch offers plenty of space and an ideal location. The home features a spacious kitchen, a bonus room off the back of the home, and a finished basement offering even more room to spread out. Enjoy beautiful views of the CT river, easy access to the nearby bike path and the convivence of quick highway access. With a great combination of space, location and potential, this is one you won't want to miss!OPEN HOUSE SATURDAY 9-18 1-3 PM
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: 700 sq ft (the lesser of 900 sq ft or half the 1,400 sq ft principal dwelling). Lot size: 17,859 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 MLS and other third-party data may be inaccurate or out of date.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.
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Gas Water Heater • Other
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Public Transportation • Shopping • Walk/Jog Trails • Bike Path • Highway Access
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Listing Agent: Suzanne Moulton
Listing Office: Berkshire Hathaway Home Service New England Properties
MLS® Number: 73579498
