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491 W Central St #D2 Franklin — Photo 1 of 20

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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$299,000
Annual Taxes$2,938
HOA Fee$356

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingElectric
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Bathroom 1
Lvl First

Bathroom - Full

Property History

Listed
$299,000

Sep 16, 2026

MLS® 73578202

Listed
$299,000

Jul 8, 2026

MLS® 73546283

Listing Provided By

Listing Agent: We Close Deals Team

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73578202