68 Chestnut St. Franklin — Photo 1 of 27
Recent Drop: $84,000
$415,900
Investment Analysis — 68 Chestnut 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 5.45% cap rate and $22,659/yr in estimated NOI at the $415,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,535
Style
Single Family
Built
1924
*** Price Improvement*** *** Open House Sunday, Sept. 13th 10 am-12 pm*** Welcome to this adorable Franklin cape located in one of the most convenient areas of town. Walking through the front door, you enter a timeless way of living. The first floor hosts 3 bdrms, an open-concept living/dining area, eat-in kitchen, and a galley with a refrig. & kitchen sink, which leads into an office/family room with access to the backyard. Heading to the 2nd floor are two bonus rooms with wood floors; one room has eave storage, and both have knotty pine ceilings. The flat backyard is enclosed by fencing on 2 sides, features mature grapevines, and offers ample room for entertaining. Having been owned by the same family for more than 70 years, this treasure holds many memories and lots of love and is waiting for its next owners. Recent updates: vinyl siding 2019, FHA furnace 2023, and oil tank 2024. Estate Sale. Sold As-is. Buyers responsible for replacing the hot water tank. Sellers and Sellers' agent make no representations or warranties for any part of the property.
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: 768 sq ft (the lesser of 900 sq ft or half the 1,535 sq ft principal dwelling). Lot size: 8,459 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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Refrigerator
Neighborhood
Public Transportation • Shopping
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13.75 x 13.5
Flooring - Wood, Exterior Access, Open Floorplan
Dining Room
Lvl First13.666666666 x 13.5
Flooring - Wood
Kitchen
Lvl First19.416666666 x 9.833333333
Bathroom - Full, Flooring - Stone/Ceramic Tile, Exterior Access
Family Room
Lvl First10.583333333 x 7.916666666
Flooring - Vinyl, Exterior Access
Master Bedroom
Lvl First13.75 x 9.833333333
Bedroom 2
Lvl First9.75 x 8
Bedroom 3
Lvl First7.75 x 9.833333333
Bathroom 1
Lvl First6.666666666 x 6.416666666
Property History
$415,900
Was $449,900
Sep 10, 2026
MLS® 73546714
$449,900
Was $499,900
Jul 31, 2026
MLS® 73546714
$499,900
Jul 8, 2026
MLS® 73546714
Listing Agent: Lisa Biggar
Listing Office: LAER Realty Partners
MLS® Number: 73546714
