127 Kings St #304 Franklin — Photo 1 of 22
$299,000
Investment Analysis — 127 Kings St #304
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 5.04% cap rate and $15,059/yr in estimated NOI at the $299,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
885
Style
Condominium
Built
1983
This beautifully updated, sun-filled top-floor garden-style condo at Claremont Condominiums has it all. Leased to a great tenant at $2050. Lease ends Feb 2027. Investors just buy and continue the tenant or move in at lease end. The bright interior features fresh paint, updated flooring throughout, and a renovated kitchen with white cabinetry, granite countertops, and newer appliances including a microwave, dishwasher, garbage disposal, and updated faucet. Enjoy professionally maintained grounds with an inground pool, picnic area, and grilling stations—perfect for relaxing and entertaining. Conveniently located just minutes from major highways, the Franklin MBTA commuter rail station, Dean College, downtown Franklin, shopping, dining, and local amenities. Whether you're a first-time buyer, downsizer, or investor, this well-maintained condo offers exceptional value in a highly desirable location.
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 MLS and other third-party data may be inaccurate or out of date.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 • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Laundromat
Geography
Listing Agent: Kirankumar Gundavarapu
Listing Office: Key Prime Realty LLC
MLS® Number: 73533567