
9 Shady Lane Franklin — Photo 1 of 42
$739,900
Investment Analysis — 9 Shady Lane
Franklin, MA 02038
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02038 carries an estimated $3,390/mo in gross rent — about a 3.16% cap rate and $23,405/yr in estimated NOI at the $739,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,854
Style
Single Family
Built
1965
Nestled in a beautiful residential neighborhood, this 9 room, 4 bedroom expanded home is move in ready and offers a perfect blend of space, style, and functionality. The main living room features a lovely gas fireplace with granite surround, hardwood flooring, bow window and an abundance of natural light. Updated eat-in kitchen is equipped with ample cabinetry with pantry, Corian countertop, new stainless steel refrigerator, new microwave & recessed lighting. The kitchen seamlessly connects to a beautiful sun-filled family room highlighted by a vaulted ceiling and multiple windows that overlook a meticulous backyard. A spacious dining room with bow window provides inviting space for gatherings of all sizes. Huge first floor primary bedroom enhanced with a vaulted ceiling, recessed lighting, & hardwood flooring offers lots of space and includes a double closet, 2 more closets and an adjacent full bath. Upper level boasts 3 additonal bedrooms, all with hardwood flooring, overhead lighting and a full bath. Finished lower level adds valuable flexible space for playroom, game room or home office. An oversized laundry room complete with a sink and potential for a 3rd bathroom! Full basement 2006 addition also includes a large built-in work area and ample room for storage or gym. Pristine grounds, a lovely patio, fenced in backyard & an oversized shed with concrete floor completes the beautiful exterior. Recent updates include roof (2019), siding (2019), gutter guards (2019), storm doors (2021/2025), hot water heater (2023) & A/C Condensor (2026). Portable generator (2024) provides full electrical access in a power outage! Conveniently located to schools, shopping, restaurants and fabulous downtown district. Close to major routes and two convenient commuter rail stations. Come see all this home has to offer!
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 1,854 sq ft principal dwelling). Lot size: 15,991 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
Gas Water Heater • Water Heater • Oven • Dishwasher • Disposal • Trash Compactor • Microwave • Range • Refrigerator • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19 x 12
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Lighting - Overhead
Dining Room
Lvl First15 x 11
Flooring - Laminate, Window(s) - Bay/Bow/Box, Lighting - Overhead
Kitchen
Lvl First19 x 11
Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Lighting - Overhead
Family Room
Lvl First19 x 13
Skylight, Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Vinyl, Exterior Access, Lighting - Overhead
Primary Bedroom
Lvl Main,First21 x 12
Skylight, Vaulted Ceiling(s), Closet, Flooring - Wood, Recessed Lighting, Closet - Double
Bedroom 2
Lvl Second15 x 11
Bedroom 3
Lvl Second13 x 10
Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 4
Lvl Second10 x 9
Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Lighting - Overhead
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl, Countertops - Stone/Granite/Solid
Listing Agent: Monique Maillet Mooney
Listing Office: A. Rutkowski Realty, Inc.
MLS® Number: 73585241








