
107 Summer St Franklin — Photo 1 of 42
$630,000
Investment Analysis — 107 Summer 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 3.40% cap rate and $21,390/yr in estimated NOI at the $630,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
2,477
Style
Single Family
Built
1880
Amazing updates meet timeless charm in this impressive antique home! Thoughtfully updated and beautifully maintained, this special property offers the character you love with the modern conveniences you want. Tucked away on a desirable side street within walking distance to the train, town center, shops, and restaurants, the location is truly hard to beat. Step inside and you’ll immediately appreciate the inviting layout and spacious rooms. Relax and unwind in the bright sun porch or enjoy the beautifully updated family room. The oversized living room and dining room offer plenty of space for entertaining, while the mudroom provides the perfect spot to drop your bags, shoes, and everyday essentials. The updated kitchen offers ample space for cooking and gathering with family and friends. Step outside and enjoy the peaceful backyard, complete with a patio and beautiful pergola (TV included), an ideal setting for outdoor entertaining or simply relaxing. The composite-decking makes the spacious deck easy to enjoy with minimal maintenance. The list of updates is extensive, including a three-story addition (3rd bedroom, 1st floor familyroom, and basement, 2016), Kitchen appliances (2025), remodeled bathroom (2019), new windows (2017), washer and dryer (2019) refinished first-floor hardwood flooring and stairs (2017), three-season porch fireplace serviced (July 2026), water heater (2024), brand-new furnace (2026), HVAC systems in the addition were replaced and upgraded (2023), new roof including garage (2015), vinyl siding (2016), driveway (2018), composite deck (2018), pergola (2020), irrigation system (2017), Electrical has been modernized and updated (2017), all cast-iron basement pipes have been replaced with PVC (2021), A wonderful blend of antique character, modern updates, incredible space, and an unbeatable location. Nothing to do but move in, unpack, and enjoy! Showings start at first open house this Thursday, 9/10 at 5:00-6:30pm.
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 2,477 sq ft principal dwelling). Lot size: 14,492 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 13
Ceiling Fan(s), Flooring - Hardwood, Crown Molding
Dining Room
Lvl First11 x 14
Flooring - Hardwood, Lighting - Pendant, Crown Molding
Kitchen
Lvl First12 x 14
Flooring - Laminate, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Stainless Steel Appliances, Beadboard, Crown Molding
Family Room
Lvl First13 x 27
Ceiling Fan(s), Flooring - Hardwood, Exterior Access, Remodeled
Master Bedroom
Lvl Second15 x 13
Walk-In Closet(s), Flooring - Wood, Crown Molding
Bedroom 2
Lvl Second13 x 22
Bedroom 3
Lvl Second11 x 12
Closet, Recessed Lighting, Remodeled, Crown Molding, Flooring - Engineered Hardwood
Bathroom 1
Lvl Second12 x 9
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled
Bathroom 2
Lvl First4 x 5
Bathroom - Half
Listing Agent: Nancy Lesperance
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73573118
