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64 Highwood Dr #64 Franklin — Photo 1 of 19

64 Highwood Dr #64 Franklin — Photo 1 of 19

$329,000

Investment Analysis — 64 Highwood Dr #64

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 4.51% cap rate and $14,838/yr in estimated NOI at the $329,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

985

Style

Condominium

Built

1982

Welcome to this well-kept garden-style condo in Franklin’s desirable Highwood community. Hardwood floors run from the entry through the dining area and into the kitchen, which features white cabinets and included appliances. The living room is spacious, with a slider that opens to an generously sized screened-in balcony/deck.The primary bedroom offers double closets and a second slider to the Balcony, plus Hollywood-style access to the full bath with tub. Laundry sits conveniently between the two bedrooms. The second bedroom is generously sized and includes good closet space. The home is close to the Forge Park/495 commuter rail, shopping, dining, and major highway access. Water heater washing machine and refrigerator all recently replaced (2024)

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 MLS and other third-party data may be inaccurate or out of date.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$329,000
Annual Taxes$3,565
HOA Fee$412

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood, Tile, Vinyl, Carpet
BasementN

Climate & Utilities

HeatingForced Air, Electric
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
Foundation--
ZoningN/A

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Listing Provided By

Listing Agent: Stephen Coukos

Listing Office: Berkshire Hathaway Home Services Commonwealth Real Estate

MLS® Number: 73584682