
802 Franklin Crossing #802 Franklin — Photo 1 of 32
$300,000
Investment Analysis — 802 Franklin Crossing #802
Franklin, MA 02038
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02038 carries an estimated $2,560/mo in gross rent — about a 4.64% cap rate and $13,912/yr in estimated NOI at the $300,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
998
Style
Condominium
Built
1985
No matter how you slice it, it's better to own than it is to rent. Buy now and start building equity. This wonderful 2-bedroom, 1 bath home is ground level so no stairs and easy access from the parking lot. It's a private, rear facing, corner unit with a large, covered back deck area overlooking common grounds and a wooded backdrop. Very functional galley kitchen with hardwoods and stainless-steel appliances which is open to the dining room area. The living room is spacious and has the slider which takes you out back. Large primary bedroom with deep walk-in closet as well as a 2nd standard closet and a 2nd bedroom that can also serve as a den, office, or playroom. Full bath and storage closet that houses the heating system and water heater. Pantry with barn door and ample storage. Building 8 is set back from the street and is adjacent to the tennis court / playground area and it's a short walk to the community pool. The Franklin Crossing community buildings are vinyl sided and roofs were replaced in recent years. It's also just minutes to downtown, shopping, restaurants and most major routes. Added bonuses: NEW Efficient HVAC system (2025), community laundry room across the hall, 2 deeded spots (not assigned) and plenty of guest parking, water/sewer bills are part of the monthly HOA, pet friendly & quick closing possible. Priced to sell....Stop paying a landlord and start paying yourself!
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood, Slider
Dining Room
Lvl FirstFlooring - Wood
Kitchen
Lvl FirstFlooring - Wood, Stainless Steel Appliances
Primary Bedroom
Lvl FirstCloset, Flooring - Vinyl
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full
Listing Agent: Susan Morrison
Listing Office: REMAX Executive Realty
MLS® Number: 73576187