592 Pond St Franklin — Photo 1 of 34
$688,000
Investment Analysis — 592 Pond St
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 3.11% cap rate and $21,386/yr in estimated NOI at the $688,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
2,372
Style
Single Family
Built
1965
Welcome to this beautifully updated ranch-style home offering comfortable one-level living on an attractive corner lot in desirable Franklin. Thoughtfully maintained and move-in ready, this inviting residence combines everyday comfort, functionality, and flexible living space. The main level features a practical floor plan with bright, welcoming rooms and modern updates, creating a warm and comfortable setting for both everyday living and entertaining. With everything conveniently located on one floor, this home offers an ideal blend of accessibility and ease, making it perfect for a variety of lifestyles. The finished lower level significantly expands the living space and provides endless possibilities to suit your needs. A dedicated office area creates the perfect environment for working from home, studying, or managing household activities. Additional finished space can easily accommodate a family room, media area, exercise space, playroom, hobby area, or guest retreat. The basement also offers an abundance of storage, providing plenty of room for seasonal items, household essentials, recreational equipment, and more while keeping the main living areas organized and clutter-free. Step outside and discover an impressive yard that offers plenty of space for relaxing, entertaining, gardening, and outdoor activities. The above-ground pool is sure to be a favorite gathering spot during the warmer months, providing the perfect place to cool off and enjoy summer days with family and friends. The corner lot adds to the property's appeal, offering an expansive outdoor setting with room to enjoy and personalize.Whether you're looking for the convenience of single-level living, additional finished space for today's flexible lifestyle, a dedicated home office, or a generous outdoor area for entertaining, this home delivers. Located in Franklin, you'll enjoy the convenience of a wonderful community with access to local shopping, dining, recreation, schools, and commuter routes. This well-maintained and thoughtfully updated ranch offers the space, versatility, and comfort you've been looking for. Come see all this inviting home has to offer and imagine making it your own!
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 2,372 sq ft principal dwelling). Lot size: 21,109 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
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstWood / Coal / Pellet Stove, Ceiling Fan(s), Vaulted Ceiling(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Open Floorplan, Lighting - Overhead
Dining Room
Lvl Main,FirstCloset, Flooring - Hardwood, Exterior Access, Open Floorplan, Lighting - Overhead, Crown Molding
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Gas Stove, Lighting - Pendant, Lighting - Overhead
Office
Lvl BasementFlooring - Wall to Wall Carpet
Master Bedroom
Lvl Main,FirstCloset, Flooring - Hardwood
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl Main,FirstCloset, Flooring - Hardwood
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Beadboard
Bathroom 2
Lvl BasementBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Kulesza Mercuri Real Estate Team
Listing Office: RE/MAX Real Estate Center
MLS® Number: 73573002
