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20 Graves Street Deerfield — Photo 1 of 42

20 Graves Street Deerfield — Photo 1 of 42

$595,000

Investment Analysis — 20 Graves Street

Deerfield, MA 01373

Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 4-bedroom in 01373 carries an estimated $2,520/mo in gross rent — about a 2.92% cap rate and $17,379/yr in estimated NOI at the $595,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1

SqFt

1,576

Style

Single Family

Built

1925

A rare opportunity to own a home enriched by the exceptional work of Edward P. Gass. The distinctive millwork and finely executed details reflect the Gass family’s long and respected legacy as master craftsmen, renowned for their work in Old Deerfield’s treasured historic homes and beyond. Hand-finished raised paneling, detailed crown moldings, and beautiful custom woodwork grace the interior, bringing warmth, character, and timeless appeal to a truly special place to call home. Also included is an exceptional heated and air-conditioned workshop and office, the very space where Gass created drawings and crafted custom architectural details for clients who sought his distinctive workmanship. Today, this inspiring space offers remarkable versatility for a woodworker, artist’s studio, home office, or potential ADU. An attached two-car garage provides additional storage above. Inside the home, the first floor features a comfortable combination living and dining room, kitchen, and inviting sitting area with a gas fireplace, along with an office and full bath. Upstairs are four bedrooms with beautifully refinished wood floors. The full basement includes a darkroom, newer multi-zone Viessmann boiler, and plenty of storage. A large screened porch, deck, lovely yard, and charming details complete this wonderful property, all within walking distance of town.

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: 788 sq ft (the lesser of 900 sq ft or half the 1,576 sq ft principal dwelling). Lot size: 16,552 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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$595,000
Annual Taxes$5,603

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Flooring - Wood
BasementFull, Bulkhead, Concrete

Climate & Utilities

HeatingBaseboard, Natural Gas, Ductless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
Zoningres

Property & Lot

Acres0.38
SqFt Lot16,552
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Dishwasher

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4
First
Living RoomDining RoomKitchenOfficeFamily RoomBathroom 1
Living Room
Lvl First

Flooring - Wood, Crown Molding

Dining Room
Lvl First

Flooring - Wood, Crown Molding

Kitchen
Lvl First

Flooring - Vinyl

Office
Lvl First

Flooring - Wood

Family Room
Lvl First

Flooring - Wood

Master Bedroom
Lvl Second

Closet, Flooring - Wood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Wood

Bedroom 4
Lvl Second

Closet, Flooring - Wood

Bathroom 1
Lvl First

Bathroom - Full

Listing Provided By

Listing Agent: Wanda Mooney

Listing Office: Coldwell Banker Community REALTORS®

MLS® Number: 73572667