392 Old Farm Rd Franklin — Photo 1 of 25
$809,000
Investment Analysis — 392 Old Farm Rd
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 2.38% cap rate and $19,245/yr in estimated NOI at the $809,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3.5
SqFt
1,939
Style
Single Family
Built
1984
Welcome to 392 Old Farm Rd, an exquisite home on a charming Franklin cul-de-sac with over seventy thousand in thoughtful upgrades, inside & out. The exterior boasts NEW FULLY OWNED solar panels, recently painted siding, NEW deck, pool w/ NEW Pump, shed, and raised garden beds. Inside, the first floor features a spacious kitchen with UPGRADED stainless appliances, vaulted familyroom with NEW Chandeliers and NEW Skylights, refreshed living and dining rooms, RENOVATED sunroom and an UPGRADED half-bath. A master bedroom with RENOVATED ensuite & walk-in closet, two freshly painted bedrooms, and an UPGRADED full-bath complete the upstairs. The air-conditioned, fully finished basement has a home theater and an office. Six NEW Mitsubishi Minisplits keep the home cozy while saving thousands, with furnace and pellet stove retained for backup. Other upgrades include NEW garage doors, EV Charger, recessed lighting and more. Discover schools, a vibrant community & lifestyle at this home.
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 1,939 sq ft principal dwelling). Lot size: 20,708 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • ENERGY STAR Qualified Dryer • Vacuum System
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 13
Dining Room
Lvl First14 x 13
Kitchen
Lvl First17 x 13
Office
Lvl Basement14 x 13
Family Room
Lvl First18 x 13
Primary Bedroom
Lvl Second14 x 16
Bathroom - Full, Walk-In Closet(s)
Bedroom 2
Lvl Second12 x 13
Bedroom 3
Lvl Second11 x 13
Property History
$809,000
Sep 30, 2026
MLS® 73584237
$797,000
Oct 21, 2024
MLS® 73271187
$797,000
Jul 30, 2024
MLS® 73271187
Listing Agent: Lisa Berry
Listing Office: Simply Sell Realty
MLS® Number: 73584237
