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2 Days on market
391 Franklin St #2 Hanson — Photo 1 of 25

391 Franklin St #2 Hanson — Photo 1 of 25

$599,000

Investment Analysis — 391 Franklin St #2

Hanson, MA 02341 — 9

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02341 carries an estimated $3,130/mo in gross rent — about a 3.63% cap rate and $21,768/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.

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Beds

2

Baths

2

SqFt

1,802

Style

Single Family

Built

2014

Welcome home to this charming 2-bedroom, 2-bath home nestled on a quiet cul-de-sac with only nine homes, offering a peaceful and private setting. The home features a spacious bonus room, a large unfinished basement with high ceilings offering excellent potential for future additional space, and a generous private patio perfect for relaxing or entertaining. The patio features a gas fireplace and hot tub, creating a wonderful outdoor retreat. A gas generator provides added peace of mind and convenience. A great opportunity to own a home with privacy, space, and plenty of potential. Conveniently located just minutes from the Hanson MBTA commuter rail station, providing easy access to Boston and surrounding communities.No showing before OH. Open house Saturday 11:30 am -1:00 pm.

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 1,802 sq ft principal dwelling).

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.

Open Houses

Property Details

Financials

Original Price$599,000
Annual Taxes$6,778

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms5
FireplacesNone
Flooring--
BasementBulkhead

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationConcrete Perimeter
Zoningres

Property & Lot

Acres--
SqFt Lot--
Lot FeaturesLevel

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

T-Station

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2
First
Living RoomDining RoomKitchen
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Listing Provided By

Listing Agent: Marcia De Paula

Listing Office: REMAX Executive Realty

MLS® Number: 73575774