491 W Central St #D1 Franklin — Photo 1 of 16
$297,000
Investment Analysis — 491 W Central St #D1
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 5.41% cap rate and $16,070/yr in estimated NOI at the $297,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
880
Style
Condominium
Built
1982
Great opportunity to buy in Franklin MA! Fantastic 2 bedroom condo at Presidential Arms. Conveniently located near 495, shopping center and commuter rail! This updated 2 bedroom condo has a large living room with a slider to your own patio with direct access to this unit!. Kitchen has stainless steel appliances, a white microwave and room for a breakfast table! The dining room fits a large table with 6 chairs. Main bedroom has 2 good size closets and plenty of room! 2nd bedroom has a great size for bedroom or office use. There is a laundry facility on the same floor and storage area. The monthly condo fee includes hot water, water, sewer, master insurance, landscaping, snow removal, laundry facilities, refuse removal and reserve funds. Come by and you'll be glad to see this place! Open House Saturday & Sunday Noon to 1:30PM.
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 MLS and other third-party data may be inaccurate or out of date.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 • Microwave • Refrigerator
Neighborhood
Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wall to Wall Carpet, Slider
Dining Room
Lvl FirstFlooring - Wall to Wall Carpet
Kitchen
Lvl FirstFlooring - Vinyl, Stainless Steel Appliances
Primary Bedroom
Lvl FirstFlooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub
Listing Agent: Myriam Siraco
Listing Office: Realty ONE Group Suburban Lifestyle
MLS® Number: 73579368
