34 Sumner Ave #402 Springfield — Photo 1 of 7
$169,000
Investment Analysis — 34 Sumner Ave #402
Springfield, MA 01108
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 1-bedroom in 01108 carries an estimated $1,390/mo in gross rent — about a 3.24% cap rate and $5,473/yr in estimated NOI at the $169,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
590
Style
Condominium
Built
1991
FOR SALE: Unit 302 available at the Sumner Place at Forest Park Condominium, a private and professionally managed condominium building with 48 residential units. 4 floor building with elevator and fully renovated lobby and common area. Key fob entry, washers/dryers on each floor, daily cleaning, snow removal, storage closets. Located in Historic Forest Park Neighborhood. Directly across from Sumner Avenue Elementary & Preschool. On bus route and private monitored parking lot. Garage Units are available for purchase. *** Bank Financing Available ***
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Liam Reynolds
Listing Office: Sears Real Estate, Inc.
MLS® Number: 73464177