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118 Days on market
3 Oak View Ter #3 Franklin — Photo 1 of 38

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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$650,000
Annual Taxes$6,693
HOA Fee$679

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms7
Fireplaces1
FlooringCarpet, Hardwood, Stone / Slate, Flooring - Wall to Wall Carpet
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningRes

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

Second
Bedroom 2Bedroom 3Bathroom 3
First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1Bathroom 2
Basement
OfficeFamily Room
Living Room
Lvl First

Vaulted Ceiling(s), Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Cable Hookup, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider

Dining Room
Lvl First

Flooring - Hardwood, Open Floorplan

Kitchen
Lvl First

Closet, 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 Basement

Flooring - Wall to Wall Carpet, Open Floor Plan

Family Room
Lvl Basement

Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Recessed Lighting

Primary Bedroom
Lvl First

Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded

Listing Provided By

Listing Agent: Jess Powers

Listing Office: eXp Realty LLC

MLS® Number: 73520660