Active
61 Days on market
43 Northern Spy Rd Franklin — Photo 1 of 42

43 Northern Spy Rd Franklin — Photo 1 of 42

Recent Drop: $50,000

$1,350,000
$1,300,000

$1,300,000

Investment Analysis — 43 Northern Spy Rd

Franklin, MA 02038

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02038 carries an estimated $3,390/mo in gross rent — about a 1.45% cap rate and $18,910/yr in estimated NOI at the $1,300,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

4,043

Style

Single Family

Built

1999

Welcome to this exceptional luxury home in the highly sought-after Cooks Farm neighborhood, where timeless elegance meets modern comfort. The heart of the home is a stunning gourmet kitchen featuring an expansive center island, quartz countertops, stainless steel appliances, and an open design that flows seamlessly into the sunny dining area and oversized great room with a beautiful fireplace - perfect for everyday living and entertaining. Generously sized bedrooms provide comfortable retreats, including a luxurious primary suite with walk-in closet. Finished basement with built-ins provides bonus space for media room, fitness center, game room, etc. Set on a private, level lot, the outdoor space offers endless possibilities. Extensive updates completed within the last year include new windows, exterior deck doors, electric blinds in the primary suite & great room, toilets, reverse osmosis water, water heater, well tank, and well pump, making this remarkable home truly move-in ready!

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 4,043 sq ft principal dwelling). Lot size: 40,001 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$1,350,000
Annual Taxes$12,007

Parking

Garage2
Off-Street9

Interior Specifications

Total Rooms9
Fireplaces1
FlooringFlooring - Hardwood, Flooring - Wall to Wall Carpet
BasementFull, Partially Finished, Radon Remediation System

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air
WaterPublic, Other
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.92
SqFt Lot40,001
Lot FeaturesWooded, Easements

Amenities & Appliances

Gas Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Freezer • Washer • Dryer • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeFamily RoomBathroom 1
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Hardwood, Dining Area, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Wet Bar, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances

Office
Lvl First

Flooring - Hardwood, Window(s) - Bay/Bow/Box

Family Room
Lvl First

Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Open Floorplan, Recessed Lighting

Primary Bedroom
Lvl Second

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Recessed Lighting

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Recessed Lighting

Bedroom 4
Lvl Second

Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Half, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Recessed Lighting

Property History

Price Drop
$1,300,000

Was $1,350,000

Sep 8, 2026

MLS® 73549556

Listed
$1,350,000

Jul 14, 2026

MLS® 73549556

Sold
$1,275,000

Feb 10, 2025

MLS® 73332100

Listed
$1,250,000

Feb 4, 2025

MLS® 73332100

Listing Provided By

Listing Agent: The Arienti Group

Listing Office: REMAX Executive Realty

MLS® Number: 73549556