Active

56 Days on market

109 Pine Street Franklin — Photo 1 of 42

Recent Drop: $30,000

$629,000

$599,000

Investment Analysis — 109 Pine Street

Franklin, MA 02038

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02038 carries an estimated $3,080/mo in gross rent — about a 3.45% cap rate and $20,666/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,137

Style

Single Family

Built

1880

Set gracefully back from the road in a private and picturesque setting, this exceptional antique home beautifully blends timeless character with thoughtful modern updates. The freshly painted interior welcomes you with an open floor plan, featuring an updated kitchen that flows seamlessly into a sun-filled family room with a fireplace and direct access to the inviting wrap-around porch. From the porch, the front entrance opens into a beautiful living room with an elegant coffered ceiling, leading to a formal dining room, while a first-floor office, full bathroom, and convenient laundry area provide exceptional functionality. The second floor offers a spacious primary bedroom with private bath, two additional generously sized bedrooms, and another full bathroom. A separate heated stone outbuilding tucked behind the home offers versatile space for a home office, studio, workshop, or creative retreat. Notable improvements include a gas heating system and central air approximately five years old, roof approximately four years old, siding painted approximately two years ago, and replacement windows. A truly special opportunity to enjoy the charm and architectural character of an antique home while benefiting from many of today’s desired modern comforts.

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 2,137 sq ft principal dwelling). Lot size: 49,179 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.