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175 Oak St Franklin — Photo 1 of 28

175 Oak St Franklin — Photo 1 of 28

$799,000

Investment Analysis — 175 Oak St

Franklin, MA 02038

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02038 carries an estimated $3,390/mo in gross rent — about a 2.94% cap rate and $23,515/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,808

Style

Single Family

Built

1959

Classic New England charm meets an unexpectedly spacious and flexible interior in this distinctive Cape/Colonial-style home. Set well back from Oak Street, the home offers a surprisingly expansive layout, abundant natural light, multiple bonus spaces, and a private backyard bordered by conservation land. Step inside to a warm, fireplaced living room with a bay window and hardwood floors. The eat-in kitchen features white cabinetry, granite countertops, stainless steel appliances, and hardwood flooring, opening conveniently to the dining room for easy everyday living and entertaining. One of the home’s standout spaces is the dining room which features vaulted ceilings, a skylight, and many over-sized windows overlooking the backyard, creating a bright and dramatic gathering space with beautiful views of the natural setting. The home offers four bedrooms plus two additional flexible rooms, providing numerous possibilities for home offices, guest rooms, creative space, playrooms, or additional sleeping areas. The spacious upstairs bonus room is filled with natural light from a skylight and large backyard-facing windows and also features hardwood floors and built-in storage. The primary bedroom is equally bright, with a skylight, large windows, and two generous-sized closets. A first-floor bonus room with hardwood floors includes convenient laundry and adds even more versatility-perfect for a Home Office. Dual staircases give the home a unique character and functional flow, including access to a mudroom conveniently located near the two-car garage, dining room, and backyard. Downstairs, a finished basement (with exterior access) offers more than 700 square feet of additional living space along with built-in storage. Outside, enjoy a tree-shaded, private, fenced backyard, creating a peaceful and private backdrop. Additional features include central air, public water and sewer, gas and electric heat, a new water heater, and a new sump pump. The location adds another layer of convenience, with downtown Franklin, the Town Common, 2 commuter rail stations, Route 495, schools, fields, tennis courts, track, and community activities all close by. Spacious, distinctive, and far larger than it first appears, this is a home filled with character, flexibility, and room to live, work, gather, and grow. Showings deferred to First Open House.

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 2,808 sq ft principal dwelling). Lot size: 23,000 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

Original Price$799,000
Annual Taxes$7,402

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms10
Fireplaces1
FlooringCarpet, Hardwood, Wood Laminate, Flooring - Hardwood
BasementFull, Finished, Interior Entry, Sump Pump, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.53
SqFt Lot23,000
Lot FeaturesWooded, Cleared, Level

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Family RoomBathroom 1
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting

Dining Room
Lvl Main,First

Closet, Flooring - Laminate, Window(s) - Bay/Bow/Box, Lighting - Overhead

Kitchen
Lvl Main,First

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Chair Rail, Stainless Steel Appliances, Gas Stove, Lighting - Overhead

Family Room
Lvl First

Flooring - Hardwood, Chair Rail, Lighting - Overhead

Master Bedroom
Lvl Second

Skylight, Closet, Flooring - Wall to Wall Carpet, Lighting - Pendant

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood, Recessed Lighting

Bedroom 4
Lvl Second

Closet, Flooring - Hardwood, Recessed Lighting

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Bathroom 3
Lvl Second

Bathroom - Full

Listing Provided By

Listing Agent: Barbara And Ted'S Fine Homes Team

Listing Office: Coldwell Banker Realty - Franklin

MLS® Number: 73574506