
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.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl First19 x 11
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Crown Molding
Kitchen
Lvl First20 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 First15 x 12
Vaulted Ceiling(s), Flooring - Wall to Wall Carpet, Exterior Access, Sunken
Master Bedroom
Lvl First13 x 11
Bathroom - Half, Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl First13 x 11
Bedroom 3
Lvl First12 x 11
Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl First7 x 8
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl First4 x 4
Bathroom - Half, Flooring - Stone/Ceramic Tile, Pedestal Sink
Listing Agent: The Todaro Team
Listing Office: REMAX Executive Realty
MLS® Number: 73571290