$405,000
●
Condo -
Off Market
48 Leanne Way #48
Franklin, MA 02038
2 Beds
3 Baths,
1
Half Bath
2,100 Ft²
$658,277
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
JUST RELEASED!! Welcome to Franklin Heights, the area's premier
destination for maintenance free living! The Benjamin Franklin
model offers an open floor plan, this unit features a granite
kitchen, gas fireplaced great room, first floor laundry, 1/2 bath,
and a first-floor master suite with walk in closet and full bath.
The spacious 2nd floor provides a large family room, office,
additional master suite with full bath, walk in closet and more! A
1 car garage, and private deck off the great room are just some of
the features in this lovely home. Come visit Franklin Heights, the
only non age restricted new condominiums available in Franklin!!!
Quick close units available!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$194
Property Type
Condo
Property Taxes
$358
HOA Dues
$361
Year Built
2016
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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: 5 years ago (MLSPIN #72061093)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2026 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$630,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Sep 29, 2025 | Price Decreased |
$650,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Aug 6, 2025 | Listed by Realty ONE Group Suburban Lifestyle | $665,000 | |
| Listed by Realty ONE Group Suburban Lifestyle | |||
   | |||
|
New Price! Welcome to the very desirable Franklin Heights! You'll love this Pristine Townhome with an open floor plan! End unit features a granite Kitchen, living room has a gas fireplace, 1st floor laundry, 1/2 bath and a first floor master suite with full bath. Hardwood floors thru-out the first floor & stairs. The spacious 2nd floor provides a large family room a 2nd master suite with full bath and 2 walk-in closets! 3rd Bedroom being used as an Office, large walk-in closet is across the hallway. 1 car garage and a private deck off the living room are just some of the features in this Sunny Townhome. Lower level has so much potential if you choose to finish it, it has very high ceiling and lots of storage room! Make this beautiful townhouse your home! Visit the Open House Saturday November 8th Noon to 1:30PM.
| |||
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Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Width: 9
Length: 14
Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid
Area: 126
Level: Main
Area: 64
Width: 8
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Flooring - Stone/Ceramic Tile
Length: 8
Area: 36
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Length: 6
Level: First
Width: 6
Level: Second
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup
Width: 19
Length: 13
Area: 247
Length: 14
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 18
Area: 252
Width: 8
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Flooring - Stone/Ceramic Tile
Level: Second
Area: 64
Length: 8
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Flooring - Wall to Wall Carpet, Cable Hookup
Level: Main
Length: 13
Width: 15
Area: 195
Length: 9
Level: Second
Area: 54
Features: Flooring - Wall to Wall Carpet
Width: 6
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Entrance Foyer, Great Room, Office
Appliances: Range, Dishwasher, Microwave, Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Tile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Laundry Features: Flooring - Stone/Ceramic Tile, Main Level, Electric Dryer Hookup, First Floor, In Unit
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Deeded, Off Street, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Actual, To Be Built
PropertySubType: Condominium
Building Name: Franklin Heights
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: RR2
Parcel Number: 4755102
Water Source: Public, Individual Meter
Financial Details
Tax Annual Amount: $4,293
Utilities Details
Utilities: for Electric Range
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $361
Community Features: Public Transportation, Shopping, Conservation Area, Highway Access, Private School, Public School, T-Station, University
Pets Allowed: Yes
Management: Professional - Off Site, Developer Control
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/06/2025
|
3 Bed
|
2 Bath
|
2171 ft²
|
$665,000
3 Bed
2 Bath
2171 ft²
|
$620,000
-6.77%
01/29/2026
|
Myriam Siraco
LAER Realty Partners
| |
|
02/02/2021
|
2 Bed
|
3 Bath
|
2171 ft²
|
$439,900
2 Bed
3 Bath
2171 ft²
|
$470,000
+6.84%
05/24/2021
|
Myriam Siraco
LAER Realty Partners
| |
|
09/01/2016
|
2 Bed
|
3 Bath
|
2100 ft²
|
$407,400
2 Bed
3 Bath
2100 ft²
|
$405,000
-0.59%
05/12/2017
|
Greg Martin
Move Forward Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017