3 Gwynne Rd Franklin — Photo 1 of 32
Recent Drop: $0
$699,000
Investment Analysis — 3 Gwynne Rd
Franklin, MA 02038 — Pine Glen Estates
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 3.51% cap rate and $24,509/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,688
Style
Single Family
Built
1965
Move right in and enjoy the updates that matter in this classic four-bedroom Colonial. Refinished original hardwood floors, fresh interior paint, and an updated kitchen with refinished cabinets, new quartz countertops, and all-new appliances create a bright, inviting space. Four bedrooms and a full bath are upstairs, with a convenient half bath on the main level. Recent improvements include a new roof, natural gas boiler, a 50-gallon gas water heater, and 200 amp electrical service. Outside, enjoy freshly painted cedar shingle siding, a rear deck, a large backyard, a storage shed, an attached one-car garage, and a full unfinished basement offering future potential. Conveniently located on a quiet street just minutes from the Franklin/Foxboro commuter rail and I-495.
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: 844 sq ft (the lesser of 900 sq ft or half the 1,688 sq ft principal dwelling). Lot size: 16,509 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
Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • ENERGY STAR Qualified Dishwasher
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12 x 21
Flooring - Hardwood
Dining Room
Lvl First11 x 11
Flooring - Wood
Kitchen
Lvl First16 x 10
Flooring - Hardwood, Stainless Steel Appliances
Family Room
Lvl First12 x 15
Vaulted Ceiling(s), Flooring - Hardwood
Primary Bedroom
Lvl Second14 x 11
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second11 x 9
Bedroom 3
Lvl Second9 x 11
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second12 x 10
Closet, Flooring - Hardwood
Bathroom 1
Lvl First5 x 6
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second8 x 6
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Property History
$699,000
Was $715,000
Jul 27, 2026
MLS® 73534014
$715,000
Was $725,000
Jul 17, 2026
MLS® 73534014
$725,000
Was $699,000
Jun 24, 2026
MLS® 73534014
$699,000
Jun 10, 2026
MLS® 73534014
Listing Agent: Vip Group
Listing Office: Moor Realty Group
MLS® Number: 73534014