1289 Bay St. Springfield — Photo 1 of 13
Recent Drop: $30,000
$400,000
Investment Analysis — 1289 Bay St.
Springfield, MA 01109
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01109 carries an estimated $2,180/mo in gross rent — about a 3.58% cap rate and $14,339/yr in estimated NOI at the $400,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,018
Style
Single Family
Built
2017
Welcome home to this spacious 2,100 sq. ft. Colonial, offering the perfect blend of 2017 construction and historic Pine Point charm. This home features a seamless open floor plan with hardwood floors, perfect for entertaining. The kitchen boasts stainless steel appliances, a center island, and granite countertops, flowing into a dining area that opens to a private back deck and fully fenced yard. The second floor hosts a convenient laundry space and three spacious bedrooms. Relax in the private master suite, complete with a separate dressing room, walk-in closet, and an en-suite bathroom featuring dual granite vanities. Additional living space awaits in the finished walk-out basement, offering wall-to-wall carpeting and abundant storage. Enjoy modern comforts including central air and an expansive driveway accommodating 3–4 vehicles. Commuters will love the central location, just minutes from parks, dining, Boston Road shopping, and easy highway access to I-291.
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 2,018 sq ft principal dwelling). Lot size: 8,398 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
Gas Water Heater • Range • Microwave
Neighborhood
Public Transportation • Shopping • Park • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Open Floorplan
Dining Room
Lvl FirstKitchen
Lvl Main,FirstCountertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Stainless Steel Appliances
Primary Bedroom
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s)
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset
Bathroom 1
Lvl FirstBathroom - Half, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile
Property History
$400,000
Was $415,000
Sep 16, 2026
MLS® 73556886
$415,000
Was $430,000
Aug 10, 2026
MLS® 73556886
$430,000
Jul 30, 2026
MLS® 73556886
$445,000
Jun 1, 2026
MLS® 73466277
$445,000
Jan 7, 2026
MLS® 73466277
Listing Agent: Steven Bracero
Listing Office: Vanderbilt Properties, LLC
MLS® Number: 73556886