
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
Dining Room
Lvl Main,FirstCloset, Flooring - Laminate, Window(s) - Bay/Bow/Box, Lighting - Overhead
Kitchen
Lvl Main,FirstFlooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Chair Rail, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
Family Room
Lvl FirstFlooring - Hardwood, Chair Rail, Lighting - Overhead
Master Bedroom
Lvl SecondSkylight, Closet, Flooring - Wall to Wall Carpet, Lighting - Pendant
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood, Recessed Lighting
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Bathroom 3
Lvl SecondBathroom - Full
Listing Agent: Barbara And Ted'S Fine Homes Team
Listing Office: Coldwell Banker Realty - Franklin
MLS® Number: 73574506
