36 Stone Ridge Rd #36 Franklin — Photo 1 of 7
$470,000
Investment Analysis — 36 Stone Ridge Rd #36
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 2.44% cap rate and $11,479/yr in estimated NOI at the $470,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
1,368
Style
Condominium
Built
1986
Welcome home to Stone Ridge East! This beautifully maintained townhouse is ready for its next owner. Step into a bright, sun-filled kitchen featuring updated granite countertops, tile flooring, updated cabinetry, a pantry for extra storage, stainless steel appliances, and a cozy eat-in area — perfect for morning coffee or casual meals. The open-concept living and dining space is filled with natural light and offers beautiful outdoor views, with a sliding door leading out to a brand-new composite deck — ideal for relaxing or entertaining. Rounding out the first floor are gleaming engineered hardwood floors and a convenient half bath. Upstairs, you'll find two spacious bedrooms, each with the added privacy and convenience of its own en-suite bathroom, plus generous closet space throughout. Downstairs, the finished bonus room has been freshly painted and features tile flooring and ample storage — a flexible space that's great for a game room, home gym, or whatever fits your lifestyle. The adjacent utility room houses a 2019 forced hot air furnace and a 2023 hot water tank, giving you peace of mind for years to come. Major updates already taken care of: a new roof and siding (2025) and updated windows and sliders (2018).Enjoy resort-style living with community amenities including an in-ground pool, basketball, tennis and pickleball courts. Commuters and outdoor lovers alike will appreciate the easy access to Route 495, the MBTA Commuter Rail, nearby shopping and restaurants, and scenic walking trails along Grove St. Don't miss your chance to make this Stone Ridge East gem your own!
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 • Disposal • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 13
Cable Hookup, Deck - Exterior, Exterior Access, Recessed Lighting, Flooring - Engineered Hardwood
Dining Room
Lvl First10 x 10
Lighting - Overhead, Flooring - Engineered Hardwood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead
Primary Bedroom
Lvl Second15 x 11
Bathroom - Full, Closet - Linen, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second14 x 10
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - 3/4
Bathroom 3
Lvl SecondBathroom - Full
Listing Agent: Eileen A. Mason
Listing Office: REMAX Executive Realty
MLS® Number: 73568683
