37 Elm St Greenfield — Photo 1 of 32
$329,000
Investment Analysis — 37 Elm St
Greenfield, MA 01301
Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 3-bedroom in 01301 carries an estimated $2,180/mo in gross rent — about a 4.65% cap rate and $15,300/yr in estimated NOI at the $329,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,242
Style
Single Family
Built
1905
Move-in ready and thoughtfully updated! 37 Elm St offers the character of an older home with all of the major improvements already taken care of. Just minutes from downtown Greenfield and the Route 2 and Interstate 91 roundabout, this home is conveniently located for commuting and enjoying everything the area has to offer. Within the last five years, the home underwent an extensive renovation that included windows, roof, kitchen, bathroom, interior and exterior paint, refinished hardwood floors, appliances, furnace, and hot water heater. All the work has been done for you. The result is a clean, well-maintained home that is ready for its next owner. The kitchen features quartz countertops and a functional island, while refinished hardwood floors add warmth throughout the living areas and bedrooms. A welcoming front porch, and private backyard provide comfortable spots to relax and enjoy the outdoors. A great opportunity to own a centrally located home with the work already done. Just move in and make it your own. Schedule your tour 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: 621 sq ft (the lesser of 900 sq ft or half the 1,242 sq ft principal dwelling). Lot size: 4,395 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Kitchen
Lvl nullCountertops - Stone/Granite/Solid, Kitchen Island
Listing Agent: Ted Hanna
Listing Office: Cohn & Company
MLS® Number: 73580652
