395 Oak St Franklin — Photo 1 of 39
$574,900
Investment Analysis — 395 Oak St
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 3.68% cap rate and $21,145/yr in estimated NOI at the $574,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,840
Style
Single Family
Built
1959
Welcome Home! This updated cape style home boasts updates, comfort and efficiency! As you enter, you are greeted by gorgeous gleaming hardwood floors in the entry, and the sun soaked formal dining room, boasting vaulted ceilings and indoor/outdoor entertaining potential with easy access to the deck and the backyard. Through to the kitchen, featuring recessed lighting, low maintenance LVP flooring, striking quartz counters, and breakfast bar, open to a cozy fireplaced living room. Rounding out the main level is a half bath with laundry, and a generous first floor primary bedroom with multiple large closets an incredible ensuite bath, complete with a large luxurious tiled shower. Upstairs, two very roomy bedrooms share an additional full bath. The super large backyard beckons with an inground pool, basketball court, lots of grassy play area and fully fenced yard. Solar panels have been placed for maximum efficiency, to power your mini-splits and electric utilities.
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 1,840 sq ft principal dwelling). Lot size: 16,919 sq ft.
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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Shopping • Golf • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Recessed Lighting
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Vinyl, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances
Master Bedroom
Lvl FirstBathroom - Full, Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Vinyl, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl FirstBathroom - 3/4, Bathroom - Tiled With Shower Stall
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower
Listing Agent: Jennifer Lamoureux
Listing Office: Moor Realty Group
MLS® Number: 73575667