924 Washington St Franklin — Photo 1 of 41
$560,000
Investment Analysis — 924 Washington St
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 3.96% cap rate and $22,156/yr in estimated NOI at the $560,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,382
Style
Single Family
Built
1940
Welcome to this charming 3-bedroom, 2-full-bath Cape in Franklin, offering a comfortable layout, classic character, and plenty of room to make it your own. Hardwood flooring runs throughout the living room and bedrooms, creating a warm and inviting feel. A convenient mudroom area just off the front porch provides a practical transition space for coats, shoes, and everyday living.The home features an additional room that offers excellent flexibility for a home office, bonus room, playroom, or potential additional sleeping space, depending on your needs. (Note home is serviced by a three bedroom septic system)Outside, enjoy a large yard with plenty of space for recreation, gardening, entertaining, or simply relaxing. A one-car garage provides covered parking and additional storage. The unfinished basement with a wood stove offers even more storage potential.The roof was replaced approximately 7 years ago, providing an added benefit for the next homeowner. Conveniently located in Franklin, this home offers a great opportunity to enjoy the town's amenities, schools, commuter access, and community while adding your own personal touches.
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: 691 sq ft (the lesser of 900 sq ft or half the 1,382 sq ft principal dwelling). Lot size: 40,114 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
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18.833333333 x 12.5
Flooring - Hardwood
Kitchen
Lvl First14.25 x 12.333333333
Flooring - Laminate
Primary Bedroom
Lvl Second13.75 x 15.75
Flooring - Hardwood
Bedroom 2
Lvl Second13.333333333 x 12
Bedroom 3
Lvl Second11.916666666 x 11
Flooring - Hardwood
Bathroom 1
Lvl First5.666666666 x 8.166666666
Bathroom - Full
Bathroom 2
Lvl Second5.416666666 x 8.416666666
Bathroom - Full
Listing Agent: Kelly Boucher
Listing Office: RE/MAX Real Estate Center
MLS® Number: 73580507
