38 Grandview Drive Westfield — Photo 1 of 42
$389,900
Investment Analysis — 38 Grandview Drive
Westfield, MA 01085
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01085 carries an estimated $2,010/mo in gross rent — about a 3.42% cap rate and $13,322/yr in estimated NOI at the $389,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,303
Style
Single Family
Built
1958
Welcome to this lovingly maintained 3-bedroom ranch set in a charming, well-established neighborhood. Modern updates throughout the home create a comfortable blend of style and convenience. The home features fresh paint and enjoy four mini splits with heat pumps (2022). The recently finished basement adds valuable living space — perfect for a family room, home office, gym, or entertainment area. Outside, the fully fenced-in yard offers privacy and a great space for pets, play, or gatherings. A move-in-ready home with thoughtful upgrades in a wonderful community. Open house Sunday 9/13 from 10:30-12.
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: 652 sq ft (the lesser of 900 sq ft or half the 1,303 sq ft principal dwelling). Lot size: 30,056 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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Listing Agent: Thomas Despard
Listing Office: Nexthome Elite Realty
MLS® Number: 73575204
