
109 Pine Street Franklin — Photo 1 of 42
Recent Drop: $70,900
$629,000
Investment Analysis — 109 Pine Street
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 3.29% cap rate and $20,666/yr in estimated NOI at the $629,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,137
Style
Single Family
Built
1880
Set back from the street on a private, picturesque setting, this charming antique home blends timeless character with modern updates and comfortable living. The freshly painted interior features an inviting open floor plan with an updated kitchen flowing into a sun-filled family room with a fireplace and side entrance to the wrap-around porch. The front door opens from the porch into a beautiful living room with coffered ceiling, leading to a formal dining room, while a first-floor office, full bathroom, and convenient laundry area add to the functionality of the main level. Upstairs, the spacious primary bedroom offers a private bathroom, complemented by two additional generously sized bedrooms and another full bathroom. A separate heated stone outbuilding tucked behind the home provides versatile space for a home office, studio, workshop, or other uses. Major updates include a gas heating system and central air approximately 5 years old, roof approximately 4 years old, siding painted approximately 2 years ago, and replacement windows. A wonderful opportunity to enjoy the character of an antique home with the comfort of thoughtful modern improvements.
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 2,137 sq ft principal dwelling). Lot size: 49,179 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 13
Coffered Ceiling(s), Flooring - Hardwood
Dining Room
Lvl First11 x 12
Flooring - Hardwood
Kitchen
Lvl First12 x 10
Flooring - Laminate, Countertops - Stone/Granite/Solid, Open Floorplan, Gas Stove, Peninsula, Lighting - Pendant
Office
Lvl First8 x 12
Flooring - Wood
Family Room
Lvl First13 x 20
Flooring - Laminate, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting
Master Bedroom
Lvl Second15 x 14
Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Flooring - Laminate
Bedroom 2
Lvl Second13 x 12
Bedroom 3
Lvl Second16 x 13
Skylight, Closet, Flooring - Wood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Property History
$629,000
Was $675,000
Sep 1, 2026
MLS® 73562822
$675,000
Was $699,900
Aug 24, 2026
MLS® 73562822
$699,900
Aug 12, 2026
MLS® 73562822
Listing Agent: Lisa Paulette
Listing Office: Coldwell Banker Realty - Framingham
MLS® Number: 73562822
