
13 Emerson Way #13 Franklin — Photo 1 of 42
$479,000
Investment Analysis — 13 Emerson Way #13
Franklin, MA 02038
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02038 carries an estimated $2,560/mo in gross rent — about a 2.58% cap rate and $12,362/yr in estimated NOI at the $479,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
2,301
Style
Condominium
Built
1983
Rare opportunity to own a beautiful townhome in highly sought-after Forge Hill Condominiums where homes don't often become available. Take a look at this awesome and spacious unit. Enter through the lovely fenced courtyard and front porch to the open floor plan with hardwoods throughout the main level. The beautiful space includes a soaring two-story ceiling and skylights, an updated half bath, 3 sets of sliders that lead to 2 full decks. A nice-sized dining area and updated kitchen with maple cabinets, granite counters, stainless appliances, and a breakfast bar make entertaining easy! Conveniently located off the kitchen, into the garage, is a great bonus finished lofted space that has so many possibilities for storage or use! Head upstairs to a large open loft space with newer laminate flooring and a slider to the second-level deck. The primary bedroom with full bath also has access to that deck. A second bedroom and second full bath complete this level. On the lower level, you will find an amazing, huge, beautifully finished basement of over 650sf which includes a finished laundry area! This home has a newer roof, vinyl siding and a HW tank just put in 2026. Enjoy town water and sewer and natural gas service. This community is adjacent to the Franklin State Forest and the SNETT Trail on Grove St., which is a beautiful, groomed trail that stretches from Franklin to Connecticut! Also very convenient to 495, MBTA, shopping, restaurants, and everything Franklin offers!
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
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Golf • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstSkylight, Vaulted Ceiling(s), Flooring - Hardwood, Deck - Exterior, Open Floorplan
Dining Room
Lvl FirstFlooring - Hardwood, Deck - Exterior, Open Floorplan
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Stainless Steel Appliances
Family Room
Lvl BasementFlooring - Laminate, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl SecondBathroom - Full, Closet, Flooring - Laminate, Deck - Exterior
Bedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Lorraine Kuney
Listing Office: REMAX Executive Realty
MLS® Number: 73577352
