
491 W Central St #D2 Franklin — Photo 1 of 20
$299,000
Investment Analysis — 491 W Central St #D2
Franklin, MA 02038
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02038 carries an estimated $2,560/mo in gross rent — about a 5.40% cap rate and $16,137/yr in estimated NOI at the $299,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
880
Style
Condominium
Built
1982
Discover a unique opportunity at 491 W Central St U:D2, Franklin, MA. This 880 square foot condominium, built in 1982, offers a thoughtfully designed living space on the first floor, ideal for those seeking convenience and comfort. The residence features two bedrooms, providing flexible arrangements for living or dedicated work from home spaces. A well-appointed full bathroom serves the home, offering both functionality and ease. This four-story building presents a comfortable and accessible living experience. To truly appreciate the lifestyle offered by this condominium, we invite you to schedule a private viewing. Additional highlights include wall AC, electric heat with baseboards approximately 3 years old, one assigned parking space, guest parking, common laundry in the building, and professional off-site management. The monthly condo fee includes hot water, water, sewer, master insurance, landscaping, snow removal, refuse removal, laundry facilities, and reserve funds. Conveniently located near shopping, restaurants, public transportation, commuter rail, and I-495. A great opportunity to own a low-maintenance condo in Franklin.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstPrimary Bedroom
Lvl FirstBedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full
Property History
$299,000
Sep 16, 2026
MLS® 73578202
$299,000
Jul 8, 2026
MLS® 73546283
Listing Agent: We Close Deals Team
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73578202