Investment Analysis — 734 Greenfield Rd

Deerfield, MA 01342

Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 3-bedroom in 01342 carries an estimated $2,950/mo in gross rent — about a 9.33% cap rate and $22,389/yr in estimated NOI at the $239,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,071

Style

Single Family

Built

1900

Located in the highly sought-after town of Deerfield, just 2 miles from Historic Old Deerfield, Deerfield Academy, Eaglebrook School, and The Bement School, this charming 3-bedroom, 1-bath home offers an exciting opportunity for the savvy buyer. The wrap-around enclosed porch is perfect for morning coffee or relaxing at the end of the day, while vinyl siding and windows offer easy-care convenience. A detached garage provides additional storage, and the backyard offers space to enjoy the outdoors. While the property needs some work, several important projects have already been completed, including a renovated bathroom, fresh flooring throughout the main level, a new oil tank, and extensive tree work. Roll up your sleeves and bring your vision to life, as this property offers plenty of potential to create something truly special!

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: 536 sq ft (the lesser of 900 sq ft or half the 1,071 sq ft principal dwelling). Lot size: 52,272 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 MLS and other third-party data may be inaccurate or out of date.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.