Six-Bedroom Three-Story
For Sale
$375,000
30 Santa Barbara, Springfield, MA 01104
Three-story duplex with a finished basement family room and a newer kitchen in the upper unit.
Property Size2,418 SF
Lot Size0.11 Acres
Price / SF$155.09
Days on Market41
Property Features for 30 Santa Barbara
General Information
Standard status
Active
Size
2,418 SF
Lot size
0.11 Acres
Property subtype
Multi-family
Building Details
Year Built
1928
Stories
3
Listing Agency:
ERA M Connie Laplante Real Estate
Listed By:
Sharon Niedbala · License #M9500652
(413) 586-7000
Source:
Gogginsrealestate
Added: Aug 26
Changed: Oct 4
Last Checked: Oct 4 at 10:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA M Connie Laplante Real Estate
Investment Insights
Based on property information with market context.
This three-story duplex, built in 1928, includes six bedrooms across two residential units. The first-floor unit features a finished family room in the basement, adding flexible living space. The second-floor unit includes four bedrooms and a newer kitchen.
The property occupies a 5001 square foot lot at 30 Santa Barbara in Springfield, Massachusetts. Its two-unit layout and varied interior features provide a clear residential income configuration while retaining flexibility for different household arrangements.
The property occupies a 5001 square foot lot at 30 Santa Barbara in Springfield, Massachusetts. Its two-unit layout and varied interior features provide a clear residential income configuration while retaining flexibility for different household arrangements.
Key Highlights
- Duplex with 6 bedrooms
- Three‑story residence built in 1928
- 5001 square foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,838
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,760
$636.8K
Cap Rate 7%
$454,829
$454.8K
Cap Rate 9%
$353,756
$353.8K
Market Conditions
NOI Build-Up for 2,418 SF
Gross rent
$60.9K $25.20/SF
− Vacancy
−$3.0K −$1.26/SF
EGI
$57.9K $23.94/SF
− OpEx
−$26.0K −$10.77/SF
NOI
$31.8K $13.17/SF
Area
Springfield, MA
Vacancy
5.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,760
Cap Rate 7%
$454,829
Cap Rate 9%
$353,756
Alternative Uses
Best Use
Multifamily LT 5
$511.3K
$447.4K – $596.5K
NOI $35,791 @ 7.0% cap · market cap 9.54%
Second Best
Apartment 5plus
$454.8K
$398.0K – $530.6K
NOI $31,838 @ 7.0% cap · market cap 8.49%
Theoretical Best
Office A
$656.6K
$574.5K – $766.0K
NOI $45,961 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Explore this area
Business Placement
Demographics for 01104, MA
23,598
Population
9,562
Households
2.5
Avg Household Size
38
Median Age
13%
College-Educated
77%
High-School Grad
5.2 sq mi
ZIP Area
4,538
Density / Sq Mi
$47,530
Median Household Income
$37,463
Median Earnings
$1,004
Median Rent
$210,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Three-story duplex with a finished basement family room and a newer kitchen in the upper unit.
Where is this duplex located?
The property is located at 30 Santa Barbara Springfield, MA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Duplex with 6 bedrooms; Three‑story residence built in 1928; 5001 square foot lot
