Back to Search
Active
14 Days on market
5 Pear Tree Ln #5 Franklin — Photo 1 of 42

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.

View Standard Listing

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

Original Price$619,900
Annual Taxes$6,786
HOA Fee$679

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Vinyl, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Laminate, Flooring - Stone/Ceramic Tile
BasementY

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRes

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

Second
Bedroom 2Bedroom 3Bathroom 3
First
Dining RoomPrimary BedroomBathroom 1Bathroom 2
Basement
Family Room
Main,First
Living RoomKitchen
Living Room
Lvl Main,First

Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Deck - Exterior, Exterior Access, Recessed Lighting, Slider

Dining Room
Lvl First

Flooring - Hardwood, Lighting - Pendant

Kitchen
Lvl Main,First

Cathedral 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 Basement

Closet, Flooring - Vinyl, Recessed Lighting

Primary Bedroom
Lvl First

Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bathroom 1
Lvl First

Bathroom - Half, Closet - Linen, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Bathroom 2
Lvl First

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Listing Provided By

Listing Agent: Karen Tanzer

Listing Office: Keller Williams Elite - Sharon

MLS® Number: 73580597