185 Murphy Ln Chicopee — Photo 1 of 17
$375,000
Investment Analysis — 185 Murphy Ln
Chicopee, MA 01020
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01020 carries an estimated $2,120/mo in gross rent — about a 3.88% cap rate and $14,532/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,056
Style
Single Family
Built
1985
New to the Market! Located in a highly sought after, quiet neighborhood just off Burnett Rd. This desirable 3 bedroom, 2 bathroom home boasts an eat-in kitchen that overlooks the tranquility of Fuller Brook. A sliding glass door in the dining area seamlessly connects to the spacious deck, perfect for hosting gatherings or enjoying the morning coffee accompanied by the brook. The charming living room has a stunning bay window and opens up to a spacious entertaining area that is perfect for hosting. All 3 of the bedrooms get plenty natural light in the day and are equipped with ceiling fans and designed with generous closet space. The partially finished basement includes a full bath, and plenty of room for an additional exceptional family room. This home is a definite must-see, and wont last long. Schedule your showing today!
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: 528 sq ft (the lesser of 900 sq ft or half the 1,056 sq ft principal dwelling). Lot size: 15,000 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset, Flooring - Vinyl, Window(s) - Bay/Bow/Box, Cable Hookup, Exterior Access
Dining Room
Lvl Main,FirstFlooring - Vinyl, Breakfast Bar / Nook, Deck - Exterior, Exterior Access, Slider
Kitchen
Lvl Main,FirstFlooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook
Primary Bedroom
Lvl Main,FirstCeiling Fan(s), Closet, Flooring - Vinyl
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl Main,FirstCeiling Fan(s), Closet, Flooring - Vinyl
Bathroom 1
Lvl Main,FirstCloset - Linen, Flooring - Vinyl
Bathroom 2
Lvl BasementListing Agent: Tyler Moreau
Listing Office: Skinner Real Estate Services
MLS® Number: 73576535