38
Map
$499,000
●
House -
For Sale
4 Southgate Rd
Franklin, MA 02038
3 Beds
1 Bath
1,394 Ft²
$2,898
Est. Monthly
About This Property
EASILY BUILD EQUITY! CHECK OUT THIS SWEET "DIAMOND IN THE
ROUGH" FRONT-TO-BACK SPLIT IN THE DESIRABLE SOUTHGATE NEIGHBORHOOD
OF FRANKLIN! THIS ONE-OWNER, SOLID, WELL-BUILT HOME JUST NEEDS SOME
LOVE TO BRING IT BACK TO LIFE! THIS HOME IS LOCATED ON A FANTASTIC,
LARGE LEVEL LOT WITH A GREAT BACKYARD. THE FLOOR PLAN HAS A MAIN
LEVEL EAT-IN KITCHEN AND A VAULTED LIVING ROOM. WITH A FEW STEPS
UP, YOU HEAD TO 3 BEDROOMS AND A FULL BATH. THEN FROM THE MAIN
LEVEL, HEAD A FEW STEPS DOWN TO A GENEROUS FAMILY ROOM AND UTILITY
ROOM/WORKSHOP THAT EXITS OUTSIDE. MOST WINDOWS ARE REPLACEMENT
WINDOWS EXCEPT FOR THE BAY WINDOW. ROOF NEEDS REPLACEMENT,
SIDING AND TRIM NEED WORK. GAS FURNACE IS 2013. LOWER LEVEL
FAMILY ROOM IS ELECTRIC HEAT. HW TANK 2021. ALL KITCHEN APPLIANCES
NEED REPLACEMENT. TOWN WATER/SEWER AND NATURAL GAS. THIS IS AN
ESTATE AND IS BEING SOLD AS-IS.
Unit Size
1,394 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$358
Property Type
House
Property Taxes
$448
HOA Dues
-
Year Built
1958
Listed By
Lorraine Kuney
RE/MAX Executive Realty
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 10 days ago (MLSPIN #73579641)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | No longer available | - | |
| No longer available | |||
| Sep 18, 2026 | Listed by REMAX Executive Realty | $499,000 | |
| Listed by REMAX Executive Realty | |||
| Aug 12, 2026 | Price Decreased |
$515,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Aug 3, 2026 | Listed by REMAX Executive Realty | $525,000 | |
| Listed by REMAX Executive Realty | |||
   | |||
|
PRIOR NAMED EXCLUSION HAS BEEN REMOVED. COME TAKE A LOOK AT THIS SWEET "DIAMOND IN THE ROUGH" FRONT-TO-BACK SPLIT IN THE DESIRABLE SOUTHGATE NEIGHBORHOOD OF FRANKLIN! A SOLID HOME IN NEED OF LOVE WILL BRING IT BACK TO LIFE! THIS HOME IS LOCATED ON A FANTASTIC, LARGE LEVEL LOT WITH A GREAT BACKYARD. THE FLOOR PLAN HAS A MAIN LEVEL EAT-IN KITCHEN AND A VAULTED LIVING ROOM. WITH A FEW STEPS UP, YOU HEAD TO 3 BEDROOMS AND A FULL BATH. THEN FROM THE MAIN LEVEL, HEAD A FEW STEPS DOWN TO A GENEROUS FAMILY ROOM AND UTILITY ROOM/WORKSHOP THAT EXITS OUTSIDE. MOST WINDOWS ARE REPLACEMENT WINDOWS EXCEPT FOR THE BAY WINDOW. ROOF IS END OF LIFE, SIDING AND TRIM NEEDS WORK. GAS FURNACE IS 2013. LOWER LEVEL FAMILY ROOM IS ELECTRIC HEAT. HW TANK 2021. ALL KITCHEN APPLIANCES NEED REPLACEMENT. COOKTOP AND OVEN ARE SHUT OFF. TOWN WATER/SEWER AND NATURAL GAS. THIS IS AN ESTATE AND SELLING AS-IS.
| |||
Property Highlights
Parking Available
Fireplace
Parking Details
Has Carport
Has Open Parking
Parking Features: Carport, Paved, Off Street
Open Parking Spaces: 4
Interior Details
Full Bathrooms: 1
Appliances: Gas Water Heater, Oven, Dishwasher, Range, Refrigerator
Flooring Type: Tile, Hardwood
Door Features: Insulated Doors
Laundry Features: Washer Hookup, In Basement, Gas Dryer Hookup, Dryer Hookup - Electric
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: Full, Finished
Exterior Details
Square Footage: 1394
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1958
Building Area Total: 1394
Levels: Front to Back Split
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lot Features: Wooded, Level
Lot Size Area: 0.36
Lot Size Units: Acres
Lot Size Acres: 0.36
Lot Size Square Feet: 15499
Water Source: Public
Financial Details
Tax Assessed Value: $470,200
Tax Annual Amount: $5,370
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Baseboard, Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Address: 335 Madison Avenue, New York, NY 10017