What is the estimated cap rate for 61-63 Wilson St, Springfield, MA 01104?

Based on rent reported on the MLS listing, 61-63 Wilson St, Springfield, MA 01104 (2 units) has an estimated 5.70% cap rate at its $424,900 list price, assuming $3,050/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 61-63 Wilson St, Springfield, MA 01104?

The MLS listing reports about $3,050/month in total rent for a 2-unit multi-family in 01104. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

3 Days on market

61-63 Wilson St Springfield — Photo 1 of 6

$424,900

Investment Analysis — 61-63 Wilson St

Springfield, MA 01104 — Liberty Heights

Based on rent reported on the MLS listing, a 2-unit multi-family in 01104 carries $3,050/mo in gross rent — about a 5.70% cap rate and $24,199/yr in estimated NOI at the $424,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,710

Style

Duplex

Built

1968

Welcome home to this lovely must-see duplex perfectly located in the Liberty Heights/ East Springfield neighborhood line. This property sits in a nice, quiet street and has been carefully maintained over many years and is now ready for its' new owners! Each unit offers 2 bedrooms with one of the two units offering an extra 1/2 bath and a finished basement. The roof is approx 10 years old, all new replacement windows and recently updated kitchens on both units. You wont want to miss this one! Easy convenient access to major highways and the mass pike. Just minutes away from shops, restaurants, parks, schools and more! Come see for yourself!

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 MLS and other third-party data may be inaccurate or out of date.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$424,900

Annual Taxes$3,617

Parking

Garage1

Off-Street7

Interior Specifications

Total Rooms8

FireplacesNone

FlooringHardwood, Tile

BasementPartially Finished, Sump Pump, Concrete

Climate & Utilities

HeatingElectric

CoolingNone

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter

ZoningR1

Property & Lot

Acres0.11

SqFt Lot5,001

Lot Features--

Amenities & Appliances

Range • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Listing Provided By

Listing Agent: Erica Rodriguez

Listing Office: Fathom Realty

MLS® Number: 73577028