
5 Pear Tree Ln #5 Franklin — Photo 1 of 42
$619,900
Investment Analysis — 5 Pear Tree Ln #5
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 2.12% cap rate and $13,156/yr in estimated NOI at the $619,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,676
Style
Condominium
Built
1998
Space, style & versatility come together at Chestnut Ridge II! This 3-bedroom, 2.5-bath townhouse offers an EXCEPTIONAL LAYOUT with a 1-car GARAGE and 740 sq ft of additional FINISHED LOWER LEVEL space. The main level welcomes you with an inviting living room floors made for relaxing, featuring a GAS FIREPLACE, VAULTED CEILING, ceiling fan & slider leading to the expansive NO-MAINTENANCE DECK, where you can dine, entertain, or simply unwind overlooking the peaceful, treed backyard. A generous dining room provides ample space for entertaining, while a half-wall opening offers an open, airy connection to the living room. The CATHEDRAL-CEILING EAT-IN kitchen is both stylish & functional, with cabinets galore, 2 PANTRIES, laundry area, direct garage access and a generous CENTER ISLAND—perfect for meal prep, casual dining or gathering with friends and family. The main level features a SPACIOUS PRIMARY SUITE with a WALK-IN closet & private FULL BATH with shower. Upstairs, TWO SPACIOUS BEDROOMS are complemented by a versatile LOFT—ideal for a home office, reading nook or quiet retreat—plus a FULL BATH with double vanity sinks. The FINISHED WALK-OUT lower level delivers even more flexibility with a large family/game room plus a bonus room perfect for an office, exercise room, hobby space or whatever fits your lifestyle. RECENT UPDATES include NEW central A/C (2026), a NEW roof (2023), NEW deck (2022), most WINDOWS (2018). Enjoy the added amenity of a COMMUNITY POOL perfect for summer relaxation. And the LOCATION is hard to beat—just 1.5 miles to the MBTA COMMUTER RAIL, 2 miles to ROUTE 495, under a mile to Shaw’s, Big Y, and Horace Mann Plaza, and only 3 miles to Franklin Village Plaza, putting everyday essentials, shopping & commuting conveniently close to home. Comfort, space, outdoor enjoyment & convenience—all in one exceptional home! OPEN HOUSE: SAT SEPT. 26TH 1:00-2:30.
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 • Microwave • Refrigerator • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCeiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Deck - Exterior, Exterior Access, Recessed Lighting, Slider
Dining Room
Lvl FirstFlooring - Hardwood, Lighting - Pendant
Kitchen
Lvl Main,FirstCathedral Ceiling(s), Closet, Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Dryer Hookup - Electric, Recessed Lighting, Washer Hookup, Gas Stove, Lighting - Pendant
Family Room
Lvl BasementCloset, Flooring - Vinyl, Recessed Lighting
Primary Bedroom
Lvl FirstWalk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom - Half, Closet - Linen, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Listing Agent: Karen Tanzer
Listing Office: Keller Williams Elite - Sharon
MLS® Number: 73580597








