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50 Franklin Ave Swampscott — Photo 1 of 41

50 Franklin Ave Swampscott — Photo 1 of 41

$709,000

Investment Analysis — 50 Franklin Ave

Swampscott, MA 01907

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01907 carries an estimated $3,700/mo in gross rent — about a 3.51% cap rate and $24,876/yr in estimated NOI at the $709,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,547

Style

Single Family

Built

1930

Welcome to this well loved 3- bedroom home with comfortable living space on a 10,000 sq ft lot. This property features a living room enhanced by the presence of a gas fireplace, a remodeled kitchen, a 3-season porch perfect for enjoying morning coffee, relaxing with a good book, or extending your living space during warmer months. A large deck and patio provide an ideal setting for outdoor entertaining or simply overlooking the expansive yard. The home is solid with an opportunity for refreshing it to bring out its best. There is a handicap access ramp to the back deck and door to the first level. This property is an excellent opportunity for buyers to live in a lovely community with coastal charm, historic character, beaches, well established residential neighborhoods, well regarded schools, and an inviting village atmosphere. Ideally located close to the shops and amenities of Vinnin Square, as well as to the commuter rail. Come to the open house this Saturday and Sunday!

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: 774 sq ft (the lesser of 900 sq ft or half the 1,547 sq ft principal dwelling). Lot size: 10,001 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.

Open Houses

Property Details

Financials

Original Price$709,000
Annual Taxes$8,868

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms6
Fireplaces1
FlooringWood, Carpet
BasementFull, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingNatural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock, Stone
ZoningA3

Property & Lot

Acres0.23
SqFt Lot10,001
Lot Features--

Amenities & Appliances

Gas Water Heater

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood

Kitchen
Lvl First

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Peninsula

Primary Bedroom
Lvl Second

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Ceiling Fan(s), Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - 1/4

Bathroom 2
Lvl Second

Bathroom - Full

Listing Provided By

Listing Agent: Susan Defelice

Listing Office: Keller Williams Realty Boston-Metro | Back Bay

MLS® Number: 73578726