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36 Days on market
37 Squirrel Rd Springfield — Photo 1 of 42

37 Squirrel Rd Springfield — Photo 1 of 42

$349,000

Investment Analysis — 37 Squirrel Rd

Springfield, MA 01108

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01108 carries an estimated $1,750/mo in gross rent — about a 3.37% cap rate and $11,748/yr in estimated NOI at the $349,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,496

Style

Single Family

Built

1973

NOT FOR RENT! Lovingly maintained by the same family for nearly 50 years, this charming ranch is ready to welcome its next owners! Ideally located near the East Longmeadow line, this 2-bedroom, 1-bath home offers hardwood flooring throughout most of the main level, generously sized bedrooms, and a beautifully renovated oversized bath. The spacious kitchen is sure to delight any home chef and flows seamlessly into the open-concept living areas, while a versatile flex room provides the perfect space for a formal dining room, formal living room, or home office. The impressive family room addition is the heart of the home, featuring a vaulted ceiling with skylights, a corner stone gas fireplace, a dramatic palladium window, and sliders leading to a Trex deck overlooking the private backyard. The fully fenced, low-maintenance yard abuts more than 24 acres of conservation land, offering exceptional privacy and peaceful views year-round. The finished lower level provides a spacious rec room, laundry area, and abundant storage. A truly special home filled with years of cherished memories, now ready for its next chapter!

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: 748 sq ft (the lesser of 900 sq ft or half the 1,496 sq ft principal dwelling). Lot size: 7,501 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

Original Price$349,000
Annual Taxes$4,212

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms5
Fireplaces1
FlooringTile, Carpet, Hardwood
BasementFull, Crawl Space, Partially Finished, Interior Entry

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.17
SqFt Lot7,501
Lot FeaturesWooded, Cleared, Level

Amenities & Appliances

Gas Water Heater • Water Heater • Leased Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

First
Bathroom 1
Basement
Family Room
Main,First
Living RoomDining RoomKitchenPrimary Bedroom
Main,Second
Bedroom 2
Living Room
Lvl Main,First

Skylight, Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Slider

Dining Room
Lvl Main,First

Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl Main,First

Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances

Family Room
Lvl Basement

Flooring - Wall to Wall Carpet, Lighting - Overhead, Closet - Double

Primary Bedroom
Lvl Main,First

Closet, Flooring - Hardwood

Bedroom 2
Lvl Main,Second
Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Shower Stall, Ceiling Fan(s), Closet - Linen

Listing Provided By

Listing Agent: Kathleen Brenner

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73558211