360 W. Central Street Franklin — Photo 1 of 16
Recent Drop: $3,099,900
$1,900,000
Investment Analysis — 360 W. Central Street
Franklin, MA 02038
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02038 carries an estimated $2,040/mo in gross rent — about a 0.48% cap rate and $9,056/yr in estimated NOI at the $1,900,000 list price. Adjust every assumption in the calculator below.
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After (4) four generations of ownership it's time to sell this incredible piece of real estate located on Rt 140 and the corner of Beaver Street in Franklin, MA with great exposure and traffic count~Almost 7 acres of desirable land once a thriving farm which dates back to 1938, (Akin Bak Farm). Opportunity for the right buyer with vision....Seller is selling property "AS IS" with existing structures on property and makes no representations and or warranties~THIS PROPERTY IS "NOT" SUBJECT TO 61A~Many possibilities for buyers, investors, developers~Do not walk the property without an appointment~Seller will entertain reasonable offers~
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Highway Access • T-Station
Geography
Property History
$1,900,000
Was $2,500,000
Aug 18, 2026
MLS® 73502051
$2,500,000
Was $2,999,900
Jul 27, 2026
MLS® 73502051
$2,999,900
Was $3,499,900
Jun 23, 2026
MLS® 73502051
$3,499,900
Was $3,900,000
Jun 2, 2026
MLS® 73502051
$3,900,000
Was $4,999,900
May 12, 2026
MLS® 73502051
$4,999,900
Apr 15, 2026
MLS® 73502051
Listing Agent: Robert P. Carey
Listing Office: Carey Realty Group, Inc.
MLS® Number: 73502051