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183 Upper Rd Deerfield — Photo 1 of 24

183 Upper Rd Deerfield — Photo 1 of 24

$299,900

Investment Analysis — 183 Upper 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 7.30% cap rate and $21,899/yr in estimated NOI at the $299,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,296

Style

Single Family

Built

1948

Set back on 2.1 acres, this 1948 Cape has the kind of setting that feels tucked away without being far from anything. Inside, hardwood floors and a living room fireplace with woodstove insert give the home a warm, lived-in character, while two enclosed porches add flexible space for a sunny sitting area, morning coffee, plants, or simply enjoying the changing seasons. The 3 bedroom, 1.5 bath layout offers a comfortable footprint with plenty of opportunity to make the spaces your own. Several practical updates have already been taken care of, including new vinyl windows, a new well pump, and a recently repointed chimney. Outside, the 2.1-acre lot offers room to spread out, garden, play, or just enjoy the quieter country surroundings. Even with the rural feel, the location is convenient to major routes, Deerfield Academy, local parks, grocery shopping, downtown Greenfield, and the Greenfield train station. A great option for someone looking for a little more space, a little more character, and some breathing room without sacrificing convenience.

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: 648 sq ft (the lesser of 900 sq ft or half the 1,296 sq ft principal dwelling). Lot size: 91,489 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$299,900
Annual Taxes$5,005

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms6
Fireplaces1
FlooringVinyl, Carpet, Hardwood
BasementFull, Interior Entry, Bulkhead, Concrete

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRA

Property & Lot

Acres2.1
SqFt Lot91,489
Lot FeaturesWooded, Gentle Sloping

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Shopping • Walk/Jog Trails • Laundromat • Conservation Area • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 1
First
Living RoomDining RoomKitchenBathroom 2
Living Room
Lvl First
Dining Room
Lvl First

Flooring - Wood

Kitchen
Lvl First

Flooring - Wood

Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower

Bathroom 2
Lvl First

Bathroom - Half

Listing Provided By

Listing Agent: Donald Mailloux

Listing Office: Coldwell Banker Community REALTORS®

MLS® Number: 73570620