20 Marvin Ave Franklin — Photo 1 of 42
$925,000
Investment Analysis — 20 Marvin Ave
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 2.22% cap rate and $20,509/yr in estimated NOI at the $925,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4.5
SqFt
5,598
Style
Single Family
Built
1910
4 bedrooms and 3.5 baths, detached one-car garage separate three-bay building with a finished second floor. Generous off-street parking. A large family room with a stone fireplace with gas insert and a custom built-in bookcase with storage; a formal dining room; a den with a working wood fireplace; and a full kitchen with custom cabinetry and built-in appliances. An open front porch faces the street. A three-season porch. Full irrigation system on its own separate well. New roof, gutters, shutters and exterior paint, new storm doors, a new gas boiler and water heater, new pool pump and filtration system. 400-amp electric service, town water and sewer, natural gas, and gas generator. The first and second floor of the home has both central air and split A/C systems. The three-bay building has its own gas, water, and sewer. The first floor is a large open area, heated, second floor finished with kitchenette, full bathroom and A/C. Sold AS-IS.
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 5,598 sq ft principal dwelling). Lot size: 25,200 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Disposal • Microwave • ENERGY STAR Qualified Dishwasher • Vacuum System • Cooktop • Instant Hot Water
Neighborhood
Sidewalks
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstSkylight, Beamed Ceilings
Dining Room
Lvl FirstKitchen
Lvl FirstBathroom - Half, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting
Primary Bedroom
Lvl SecondBathroom - Full
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl SecondBathroom - Full
Bathroom 2
Lvl SecondBathroom - Full
Bathroom 3
Lvl FirstBathroom - Half
Listing Agent: Derek Greene
Listing Office: The Greene Realty Group
MLS® Number: 73577433