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6 Days on market
13 Emerson Way #13 Franklin — Photo 1 of 42

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.

View Standard Listing

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

Original Price$479,000
Annual Taxes$5,045
HOA Fee$495

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms5
Fireplaces1
FlooringLaminate, Hardwood
BasementY

Climate & Utilities

HeatingNatural Gas, Electric, Other
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

Second
Primary BedroomBedroom 2Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenBathroom 1
Basement
Family Room
Living Room
Lvl First

Skylight, Vaulted Ceiling(s), Flooring - Hardwood, Deck - Exterior, Open Floorplan

Dining Room
Lvl First

Flooring - Hardwood, Deck - Exterior, Open Floorplan

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Stainless Steel Appliances

Family Room
Lvl Basement

Flooring - Laminate, Open Floorplan, Recessed Lighting

Primary Bedroom
Lvl Second

Bathroom - Full, Closet, Flooring - Laminate, Deck - Exterior

Bedroom 2
Lvl Second
Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Lorraine Kuney

Listing Office: REMAX Executive Realty

MLS® Number: 73577352