
29 Townline Rd Franklin — Photo 1 of 42
$999,000
Investment Analysis — 29 Townline Rd
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 2.01% cap rate and $20,043/yr in estimated NOI at the $999,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,566
Style
Single Family
Built
1993
Welcome to 29 Townline Road, a beautifully maintained four-bedroom Colonial set on an elevated lot in Franklin’s desirable Oak Knoll neighborhood. This impressive home offers a two-car garage, fenced backyard, front and rear irrigation, maintenance-free decking, and a beautiful patio ideal for outdoor entertaining.Inside, the updated kitchen features custom cabinetry with exceptional storage, a work station, pendant lighting hanging above a thoughtfully designed center island. A cozy living room with wood burning fireplace. The living room flows into the formal dining room for large gathering events. The spacious primary suite is a true retreat, offering two walk-in closets and a beautifully appointed en suite bath with double vanities, a custom-tiled shower, and a relaxing soaking tub. Three additional bedrooms and a total of two-and-a-half baths provide comfortable, flexible living space.The finished lower level adds even more versatility, with dedicated areas for workouts, movies, casual gatherings, and a handsome bar accented by rich, dark wood finishes. Meticulously cared for throughout, the home also features newer garage doors, gutters with gutter guards, low-maintenance Azek trim, updated front windows 2018, and updated rear windows 2022.With its beautiful setting, thoughtful updates, inviting entertainment spaces, and exceptional pride of ownership, this Oak Knoll Colonial is truly a must-see!
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 2,566 sq ft principal dwelling). Lot size: 40,271 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Water Treatment • Water Softener
Neighborhood
Shopping • Walk/Jog Trails • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood
Dining Room
Lvl Main,FirstFlooring - Hardwood, Decorative Molding
Kitchen
Lvl Main,FirstBathroom - Half, Flooring - Wood, Countertops - Upgraded, Kitchen Island, Breakfast Bar / Nook, Exterior Access, Slider, Stainless Steel Appliances, Lighting - Pendant
Family Room
Lvl FirstFlooring - Hardwood
Master Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Wood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Soaking Tub
Listing Agent: Laurieann Webster
Listing Office: Today Real Estate, Inc.
MLS® Number: 73570883
