What is the estimated cap rate for 60 Montmorenci St., Springfield, MA 01107?

Based on rent reported on the MLS listing, 60 Montmorenci St., Springfield, MA 01107 (2 units) has an estimated 5.82% cap rate at its $305,000 list price, assuming $2,300/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 60 Montmorenci St., Springfield, MA 01107?

The MLS listing reports about $2,300/month in total rent for a 2-unit multi-family in 01107. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

2 Days on market

60 Montmorenci St. Springfield — Photo 1 of 15

$305,000

Investment Analysis — 60 Montmorenci St.

Springfield, MA 01107 — N End Brightwood

Based on rent reported on the MLS listing, a 2-unit multi-family in 01107 carries $2,300/mo in gross rent — about a 5.82% cap rate and $17,747/yr in estimated NOI at the $305,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

3.5

SqFt

2,420

Style

2 Family - 2 Units Up/Down

Built

1903

$5,000 BUYER CLOSING COST CREDIT! Great opportunity to own this spacious two-family home conveniently located in Springfield! The first-floor unit features 2 bedrooms and 1.5 full bath. The second-floor unit offers an extended layout with 3 bedrooms and 2 full bath third floor/extended attic area.This property offers flexibility and potential. Conveniently located near major highways, schools, parks, medical facilities, shopping, and everyday amenities, and approximately 5 minutes from Downtown Springfield.Take advantage of the $5,000 buyer closing cost credit and make this two-family property yours!

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 MLS and other third-party data may be inaccurate or out of date.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.

Financials

Original Price$305,000

Annual Taxes$3,229

Parking

Garage0

Off-Street3

Interior Specifications

Total Rooms9

FireplacesNone

FlooringVinyl

BasementFull, Partial, Partially Finished

Climate & Utilities

HeatingNatural Gas

Cooling--

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick

RoofShingle

FoundationBlock, Brick/Mortar

ZoningRes B

Property & Lot

Acres0.07

SqFt Lot3,010

Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Listing Provided By

Listing Agent: Gissel Santiago

Listing Office: Gallagher Real Estate

MLS® Number: 73577609