1408 Franklin Crossing Rd #1408 Franklin — Photo 1 of 22
$310,000
Investment Analysis — 1408 Franklin Crossing Rd #1408
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 4.42% cap rate and $13,687/yr in estimated NOI at the $310,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
939
Style
Condominium
Built
1985
Beautifully updated in 2026, this condo at Franklin Crossing is move in ready. Nestled in a private and tree-shaded corner of the complex, this unit is on the 2nd floor of Bldg.14. Just one flight of stairs up and you are home! Once you walk in you will be stunned at the updates. The brand new kitchen with upgraded cabinets and soft close drawers, new appliances, backsplash and upgraded countertops awaits home cooks of all skill levels. Just outside the kitchen is a lovely dining area that leads you to a large living room and private balcony. The kitchen and dining/living area boasts all new laminate flooring and is freshly painted using a welcoming, neutral palette. Walk down the hall to find a bright, updated Full Bath with tile flooring, an upgraded vanity and a closet which hides all of the utilities. The main bedroom has 2 closets including a walk in and has brand new, wall to wall carpeting. The second bedroom has a large closet, new wall to wall carpeting and could also serve as the perfect Home Office. The building has newer carpeting in the hallways and you will find laundry on the first floor. Also, each unit gets a storage unit in the hallway. Franklin Crossing has well cared for and professionally landscaped grounds, a beautiful swimming pool, tennis courts and more. Plus you are only minutes to local shopping & restaurants, downtown, Franklin's 2 commuter rail stations, and area highways. Welcome Home!
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Kitchen
Lvl nullFlooring - Laminate, Countertops - Upgraded, Cabinets - Upgraded, Remodeled
Master Bedroom
Lvl nullWalk-In Closet(s), Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl nullBathroom - Full, Closet, Flooring - Stone/Ceramic Tile, Remodeled
Listing Agent: Barbara And Ted'S Fine Homes Team
Listing Office: Coldwell Banker Realty - Franklin
MLS® Number: 73575371
