222 Parker St Springfield — Photo 1 of 28
$325,000
Investment Analysis — 222 Parker St
Springfield, MA 01151
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01151 carries an estimated $2,290/mo in gross rent — about a 5.40% cap rate and $17,558/yr in estimated NOI at the $325,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,632
Style
Single Family
Built
1920
MOVE IN READY Come see this lovely updated 1920's Colonial in Indian Orchard. Located on a corner lot this home has 3 bedrooms, 2 full baths and offers lots of natural sunlight. Main floor is large and open to the kitchen, living room, and dining area. Also on the main floor is a large laundry room and separate full bathroom. Upstairs you'll find 3 bedrooms, a full bath with tub and shower. Main bedroom has sitting area, private balcony and walk-in closet. All Appliances to remain including washer and dryer. The home has a freshly painted interior with waterproof vinyl flooring throughout. Updated 200 Amp electric panel. Great commuter location, Hubbard Park nearby, lots of nearby shopping and dining possibilities. FHA and VA Buyers welcome. Home will qualify for all types of financing. Showings begin at the Open House, Sunday, Sept 20th, 1:00 - 2:30
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: 816 sq ft (the lesser of 900 sq ft or half the 1,632 sq ft principal dwelling). Lot size: 6,743 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
Electric Water Heater • Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Vinyl, Window(s) - Bay/Bow/Box, Chair Rail
Dining Room
Lvl FirstFlooring - Vinyl, Window(s) - Bay/Bow/Box, Chair Rail
Kitchen
Lvl FirstFlooring - Vinyl, Breakfast Bar / Nook, Chair Rail
Primary Bedroom
Lvl SecondWalk-In Closet(s), Balcony - Exterior
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Vinyl
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower
Bathroom 2
Lvl FirstBathroom - 3/4, Bathroom - Tiled With Shower Stall
Listing Agent: Michelle Stegall
Listing Office: REMAX Connections - Easthampton
MLS® Number: 73576770