
3 Oak View Ter #3 Franklin — Photo 1 of 38
$650,000
Investment Analysis — 3 Oak View Ter #3
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 2.04% cap rate and $13,249/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,489
Style
Condominium
Built
1999
One of the larger units in Chestnut Ridge, offering over 2,500 sq ft across 3 finished levels with extensive updates completed throughout ownership. This three bedroom condo offers the ease of low-maintenance living without sacrificing the space and functionality of a true home. The flexible layout includes a 1st-floor primary suite with private bath & walk-in closet, main-level laundry, half bath for guests, spacious living/dining area with hardwood floors, gas fireplace, vaulted ceilings & abundant natural light, plus slider access to a composite deck. The renovated & expanded kitchen features custom solid maple cabinetry, granite countertops, center island, stainless appliances, recessed lighting, porcelain tile flooring & walk-in pantry. Upstairs offers 2 additional bedrooms, full bath & loft sitting area. Fully finished walk-out lower level integrated into the home’s HVAC system includes recreation, office & workshop space. Oversized 2-car garage. Pet-friendly community with pool.
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 MLS and other third-party data may be inaccurate or out of date.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
Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer • Water Treatment • Water Softener • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstVaulted Ceiling(s), Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Cable Hookup, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider
Dining Room
Lvl FirstFlooring - Hardwood, Open Floorplan
Kitchen
Lvl FirstCloset, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Cable Hookup, Exterior Access, Open Floorplan, Recessed Lighting
Office
Lvl BasementFlooring - Wall to Wall Carpet, Open Floor Plan
Family Room
Lvl BasementCloset/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Recessed Lighting
Primary Bedroom
Lvl FirstBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondWalk-In Closet(s), Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded
Listing Agent: Jess Powers
Listing Office: eXp Realty LLC
MLS® Number: 73520660