620 Washington St Franklin — Photo 1 of 36
$1,250,000
Investment Analysis — 620 Washington St
Franklin, MA 02038
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02038 carries an estimated $2,040/mo in gross rent — about a 0.08% cap rate and $977/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
5
SqFt
4,424
Style
Other
Built
1997
MIXED USE PROPERTY - Currently 3 Units - First Floor consists of two separate medical suites - One is an existing, well established dental practice. The other unit was once occupied as a medical space for the existing seller. Currently vacant - The Second floor contains a spacious 3 bedroom 2 bathroom residential rental. This unit is perfect for an owner occupied living . This property is located on a private 2.5 Acre lot - serviced by Town Water, Town Sewer and Natural Gas - There is a full basement for additional storage . The property includes a beautiful stone patio , and custom hardscaping , and an oversized shed for additional storage. This property would be perfect for a wellness center, physical therapist, Day care, Religious Organization, Group Home or many other professional uses. GREAT VALUE !
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Molla Realty Team
Listing Office: Costello Realty
MLS® Number: 73558523