
4 Cherry St Greenfield — Photo 1 of 40
$499,900
Investment Analysis — 4 Cherry St
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 2.43% cap rate and $12,171/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,840
Style
Single Family
Built
1920
Welcome home to 4 Cherry St, where timeless character, thoughtful updates, and an incredible outdoor retreat come together in Greenfield’s Four Corners neighborhood. This spacious 3-bedroom Colonial offers even more flexibility with a finished third-floor attic space currently used as an additional 4th bedroom. Inside, classic details including hardwood floors, beautiful built-ins, and a fireplace blend with freshly painted rooms and new flooring. Recent improvements include a new hot water heater and newer refrigerator, while the basement was waterproofed by the previous owner. The heated inground pool is surrounded by a spacious patio with plenty of room for lounging, dining, and entertaining—creating your own private backyard oasis. A brand-new robotic pool vacuum and new sand filtration system, both added in 2026, make enjoying the pool even easier. A spacious mudroom provides convenient access directly between the home and backyard, allowing the outdoor living space to feel like a natural extension of the home. Set on a corner lot, approximately .66 acres with a 2 car garage, there is plenty of space to enjoy both indoors and out. Conveniently located near area schools, recreation, shopping, dining, and downtown Greenfield, with easy access to Routes 5 & 10 and Route 2. With its combination of classic character, recent updates, flexible finished space, and a backyard made for entertaining, 4 Cherry St offers so much more than meets the eye. Come experience this special property for yourself!
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: 900 sq ft (the lesser of 900 sq ft or half the 1,840 sq ft principal dwelling). Lot size: 28,906 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
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 24
Dining Room
Lvl First13 x 14
Lighting - Overhead
Kitchen
Lvl First13 x 12
Ceiling Fan(s)
Primary Bedroom
Lvl Second13 x 12
Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Second13 x 11
Bedroom 3
Lvl Second13 x 13
Closet, Flooring - Hardwood
Bedroom 4
Lvl Third15 x 16
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First4 x 5
Bathroom - Half
Bathroom 2
Lvl Second9 x 9
Bathroom - Full
Listing Agent: Christine Mercauto
Listing Office: Keller Williams Realty North Central
MLS® Number: 73578583

