900 Washington St Lot 3 Franklin — Photo 1 of 5
$550,000
Investment Analysis — 900 Washington St Lot 3
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 2.18% cap rate and $12,005/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.
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An incredible opportunity awaits in this brand-new 5 home subdivision in Franklin! The perfect setting to design and build the home you’ve always envisioned. This cleared lot offers a blank canvas, ready for your custom build in a thoughtfully planned neighborhood. The road will be fully completed, and utilities will be brought directly from the street, providing convenience and peace of mind as you begin the building process. With infrastructure and groundwork underway, this is your chance to secure your spot early and bring your vision to life. Whether you're dreaming of a modern farmhouse, classic colonial, or custom luxury retreat, this lot offers the flexibility to create a home tailored to your lifestyle. Perk tests have been completed and approved septic designs on hand.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Walk/Jog Trails • Bike Path • Conservation Area • Highway Access • House of Worship • Public School
Geography
Listing Agent: Stephanie Sloan
Listing Office: Home Front Home Services
MLS® Number: 73479020