Active
31 Days on market
109 Pine Street Franklin — Photo 1 of 42

109 Pine Street Franklin — Photo 1 of 42

Recent Drop: $70,900

$699,900
$629,000

$629,000

Investment Analysis — 109 Pine Street

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 3.29% cap rate and $20,666/yr in estimated NOI at the $629,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3

SqFt

2,137

Style

Single Family

Built

1880

Set back from the street on a private, picturesque setting, this charming antique home blends timeless character with modern updates and comfortable living. The freshly painted interior features an inviting open floor plan with an updated kitchen flowing into a sun-filled family room with a fireplace and side entrance to the wrap-around porch. The front door opens from the porch into a beautiful living room with coffered ceiling, leading to a formal dining room, while a first-floor office, full bathroom, and convenient laundry area add to the functionality of the main level. Upstairs, the spacious primary bedroom offers a private bathroom, complemented by two additional generously sized bedrooms and another full bathroom. A separate heated stone outbuilding tucked behind the home provides versatile space for a home office, studio, workshop, or other uses. Major updates include a gas heating system and central air approximately 5 years old, roof approximately 4 years old, siding painted approximately 2 years ago, and replacement windows. A wonderful opportunity to enjoy the character of an antique home with the comfort of thoughtful modern improvements.

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 2,137 sq ft principal dwelling). Lot size: 49,179 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

Original Price$699,900
Annual Taxes$7,424

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Flooring - Wood, Concrete
BasementFull, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRes

Property & Lot

Acres1.13
SqFt Lot49,179
Lot FeaturesCorner Lot, Wooded

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenOfficeFamily RoomBathroom 1
Living Room
Lvl First

16 x 13

Coffered Ceiling(s), Flooring - Hardwood

Dining Room
Lvl First

11 x 12

Flooring - Hardwood

Kitchen
Lvl First

12 x 10

Flooring - Laminate, Countertops - Stone/Granite/Solid, Open Floorplan, Gas Stove, Peninsula, Lighting - Pendant

Office
Lvl First

8 x 12

Flooring - Wood

Family Room
Lvl First

13 x 20

Flooring - Laminate, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting

Master Bedroom
Lvl Second

15 x 14

Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Flooring - Laminate

Bedroom 2
Lvl Second

13 x 12

Bedroom 3
Lvl Second

16 x 13

Skylight, Closet, Flooring - Wood

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

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

Property History

Price Drop
$629,000

Was $675,000

Sep 1, 2026

MLS® 73562822

Price Drop
$675,000

Was $699,900

Aug 24, 2026

MLS® 73562822

Listed
$699,900

Aug 12, 2026

MLS® 73562822

Listing Provided By

Listing Agent: Lisa Paulette

Listing Office: Coldwell Banker Realty - Framingham

MLS® Number: 73562822