88 Homestead Avenue Greenfield — Photo 1 of 39
$387,500
Investment Analysis — 88 Homestead Avenue
Greenfield, MA 01301
Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 4-bedroom in 01301 carries an estimated $2,410/mo in gross rent — about a 4.24% cap rate and $16,443/yr in estimated NOI at the $387,500 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,376
Style
Single Family
Built
1946
THIS CHARMING BRICK CAPE-STYLE HOME stands out with its distinctive character, inviting warmth, and spacious 1-acre setting. Offering 4 bedrooms and l full bathroom, this cozy home features a classic, comfortable layout with sun-filled rooms, an open living/dining area, and a bright kitchen with an inviting sitting/breakfast area. Well maintained hardwood floors bring warmth and character, while ample attic space and spacious basement area adds everyday practicality. Durable brick construction, replacement windows and central air provide modern comfort. Step onto the roomy deck perfect for gathering with family and friends to enjoy morning coffee, outdoor entertaining, or a peaceful afternoon. The generous lot offers plenty of room for gardening, recreation or simply enjoying the outdoors. A truly special home with an easygoing charm and personality of its own--comfortably sized, thoughtfully maintained, and wonderfully different from the ordinary.. Perfect for those seeking a blend of classic style and room to grow, this home is ready for your personal touches, Convenient to shopping and Highway access.
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: 688 sq ft (the lesser of 900 sq ft or half the 1,376 sq ft principal dwelling). Lot size: 43,866 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
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Golf • Medical Facility • Laundromat • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl FirstBedroom 2
Lvl FirstBedroom 3
Lvl SecondBedroom 4
Lvl SecondBathroom 1
Lvl FirstListing Agent: Judith A Larson
Listing Office: Cohn & Company
MLS® Number: 73571596
