
59 Southgate Rd Franklin — Photo 1 of 42
$775,000
Investment Analysis — 59 Southgate Rd
Franklin, MA 02038
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 2.99% cap rate and $23,170/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
3,007
Style
Single Family
Built
1965
Full of Potential & Ready for Your Vision! Welcome to 59 Southgate, a wonderful opportunity in a coveted school district where value and versatility come together. This spacious home offers a flexible layout with three bedrooms on the main level, plus the potential for two additional bedrooms and an office on the lower level—plenty of room for family, guests, or a dedicated workspace. The upgraded kitchen features stainless steel appliances and an open-concept design creating an inviting space for everyday living and entertaining. The spacious primary suite is a true retreat, complete with a cathedral ceiling, jetted tub, separate shower, and generous walk-in closet.The lower level expands your living possibilities with a cozy fireplace, third full bathroom, separate laundry area, and abundant space to relax, work, or entertain. The oversized double garage is heated and offers built-in shelving and excellent storage, with the potential to create your own workshop. Step outside to a large, level yard and expansive paver patio, perfect for summer gatherings, outdoor dining, or simply enjoying the peaceful surroundings. Owned solar panels help keep electric costs manageable, with approximate usage around $100/month in winter and $50/month return by check in summer. Natural gas heat adds to the home's efficiency.And for nature lovers, you'll appreciate the abundance of wildlife right in your own backyard—a peaceful setting that feels like a private escape while still offering the convenience of a desirable location. So much potential, space, and value—come see everything 59 Southgate has to offer! Solar will be purchased in full by the sellers leaving you reaping the rewards of solar without the cost!
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: 900 sq ft (the lesser of 900 sq ft or half the 3,007 sq ft principal dwelling). Lot size: 33,829 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Walk/Jog Trails • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18.916666666 x 13.833333333
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting
Dining Room
Lvl First9.666666666 x 16.583333333
Flooring - Vinyl, Open Floorplan, Lighting - Pendant
Kitchen
Lvl First9.25 x 16.25
Flooring - Vinyl, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead
Office
Lvl Basement8.583333333 x 11.333333333
Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Lighting - Overhead
Family Room
Lvl First18.916666666 x 19.916666666
Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Vinyl, Window(s) - Picture, Exterior Access, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl First19.5 x 15.166666666
Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Recessed Lighting
Bedroom 2
Lvl First20.416666666 x 10.166666666
Bedroom 3
Lvl First13.083333333 x 9.583333333
Closet, Flooring - Hardwood
Bedroom 4
Lvl Basement18.083333333 x 12.416666666
Closet, Flooring - Vinyl, Lighting - Overhead
Bathroom 1
Lvl First7 x 9.583333333
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Lighting - Sconce
Bathroom 2
Lvl First10.75 x 9.583333333
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Recessed Lighting, Lighting - Sconce
Bathroom 3
Lvl Basement16.5 x 9.583333333
Bathroom - 3/4, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup, Lighting - Overhead
Listing Agent: Amber Cadorette
Listing Office: Keller Williams Elite
MLS® Number: 73578322

