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4 Willow St Franklin — Photo 1 of 37

4 Willow St Franklin — Photo 1 of 37

$599,900

Investment Analysis — 4 Willow 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 3.56% cap rate and $21,329/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,344

Style

Single Family

Built

1957

Move-in ready home offering a thoughtful blend of updates, character and convenience. Many improvements have been completed throughout, including an updated kitchen, updated heating and electrical systems, new water heater, young roof, some newer windows and young appliances. Hardwood flooring extends throughout the majority of the home, ceramic tile in the kitchen, while a masonry fireplace adds a classic focal point to the living space. An attached one-car garage provides added convenience, and the basement offers additional space with future potential for finishing. Outside, enjoy beautiful yard space with plenty of room for outdoor entertaining, gardening or recreation. Additional highlights include town water and town sewer. Conveniently located near the center of town with easy access to shopping, dining, commuter rail and major highway routes. A wonderful opportunity to enjoy a well-maintained and extensively updated home with flexible living space in a convenient Franklin location.

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: 672 sq ft (the lesser of 900 sq ft or half the 1,344 sq ft principal dwelling). Lot size: 15,137 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.

Open Houses

Property Details

Financials

Original Price$599,900
Annual Taxes$6,761

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Carpet, Hardwood
BasementFull, Interior Entry, Unfinished

Climate & Utilities

HeatingBaseboard, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRes

Property & Lot

Acres0.35
SqFt Lot15,137
Lot FeaturesCul-De-Sac

Amenities & Appliances

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

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenFamily RoomMaster BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl First

19 x 11

Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Crown Molding

Kitchen
Lvl First

20 x 11

Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Remodeled, Stainless Steel Appliances, Lighting - Pendant

Family Room
Lvl First

15 x 12

Vaulted Ceiling(s), Flooring - Wall to Wall Carpet, Exterior Access, Sunken

Master Bedroom
Lvl First

13 x 11

Bathroom - Half, Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 2
Lvl First

13 x 11

Bedroom 3
Lvl First

12 x 11

Closet, Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl First

7 x 8

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl First

4 x 4

Bathroom - Half, Flooring - Stone/Ceramic Tile, Pedestal Sink

Listing Provided By

Listing Agent: The Todaro Team

Listing Office: REMAX Executive Realty

MLS® Number: 73571290