40 Newell Pond Rd Greenfield — Photo 1 of 41
Recent Drop: $4,000
$365,000
Investment Analysis — 40 Newell Pond Rd
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 3.81% cap rate and $13,895/yr in estimated NOI at the $365,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,220
Style
Single Family
Built
1956
Welcome to 40 Newell Pond Road! This charming ranch is nestled on a quiet dead-end street in one of North Greenfield’s most desirable neighborhoods. Solidly built and well maintained, this single-level home sits on just under a half acre and offers a comfortable floor plan with a spacious living room featuring a cozy fireplace, knotty pine accent wall, and two large picture windows. The eat-in kitchen includes original solid wood cabinets and access to a large deck overlooking the private patio and level backyard. Features include cedar siding, replacement windows, beautiful oak floors, natural woodwork, a newer septic system, and an updated electric panel in 2023. The finished basement provides additional living space with a family room, built-in storage bench, cedar closet, laundry area, and two versatile rooms ideal for a home office, playroom, or hobbies. The level yard is bordered by woods for added privacy. Move right in or bring your own ideas and make this home your own !
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: 610 sq ft (the lesser of 900 sq ft or half the 1,220 sq ft principal dwelling). Lot size: 19,998 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$365,000
Was $369,000
Jul 24, 2026
MLS® 73536017
$369,000
Jun 15, 2026
MLS® 73536017
Listing Agent: Kaitlyn Giard
Listing Office: Cohn & Company
MLS® Number: 73536017
