38 Oxford Street Springfield — Photo 1 of 42
Recent Drop: $26,000
$418,000
Investment Analysis — 38 Oxford Street
Springfield, MA 01108 — Forest Park
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 5-bedroom in 01108 carries an estimated $2,320/mo in gross rent — about a 3.86% cap rate and $16,145/yr in estimated NOI at the $418,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2.5
SqFt
2,285
Style
Single Family
Built
1912
Welcome to this spacious 5 bedroom, 2.5 bathroom Colonial-style home in one of Springfield’s most sought after neighborhoods near Forest Park. This house blends timeless architectural character (front & back staircases) w/ a massive wave of modern upgrades, including central air conditioning. During the last 3 years, the entire 1st & 2nd floors were painted & the breathtaking, original hardwood floors were professionally sanded & beautifully refinished. In addition, a licensed electrician updated most of the outlets throughout the house. Brand new light fixtures & contemporary ceiling fans were installed in almost every room. Professional stucco repairs were completed on two sides of the home & insulation was installed on the 3rd floor. A reverse osmosis water filtration system was installed under the kitchen sink. You'll love relaxing or entertaining on the screened in porch. Enjoy the convenience of the sprinkler system, the detached 2 car garage and the backyard garden areas.
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 2,285 sq ft principal dwelling). Lot size: 8,860 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Water Treatment
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18 x 21
Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood
Dining Room
Lvl First16 x 15
Beamed Ceilings, Flooring - Hardwood
Kitchen
Lvl First14 x 13
Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Dining Area, Exterior Access, Gas Stove
Primary Bedroom
Lvl Second13 x 16
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Second11 x 17
Bedroom 3
Lvl Second15 x 17
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 4
Lvl Second11 x 14
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 5
Lvl Third12 x 14
Closet, Flooring - Hardwood
Bathroom 1
Lvl Second9 x 5
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second8 x 7
Bathroom - Half, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl First7 x 4
Bathroom - Half, Flooring - Laminate
Property History
$418,000
Was $419,000
Sep 16, 2026
MLS® 73537726
$419,000
Was $425,000
Aug 29, 2026
MLS® 73537726
$425,000
Was $429,000
Jul 29, 2026
MLS® 73537726
$429,000
Was $444,000
Jul 6, 2026
MLS® 73537726
$444,000
Jun 17, 2026
MLS® 73537726
Listing Agent: Patrick Sears
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73537726