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59 Southgate Rd Franklin — Photo 1 of 42

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.

View Standard Listing

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

Original Price$775,000
Annual Taxes$7,747

Parking

Garage2
Off-Street5

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Vinyl, Carpet, Concrete, Hardwood, Flooring - Wall to Wall Carpet
BasementFull, Partially Finished, Interior Entry, Garage Access

Climate & Utilities

HeatingBaseboard, Natural Gas, Fireplace
CoolingWindow Unit(s), Wall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRR II

Property & Lot

Acres0.78
SqFt Lot33,829
Lot FeaturesLevel

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Walk/Jog Trails • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenFamily RoomPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Basement
OfficeBedroom 4Bathroom 3
Living Room
Lvl First

18.916666666 x 13.833333333

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting

Dining Room
Lvl First

9.666666666 x 16.583333333

Flooring - Vinyl, Open Floorplan, Lighting - Pendant

Kitchen
Lvl First

9.25 x 16.25

Flooring - Vinyl, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead

Office
Lvl Basement

8.583333333 x 11.333333333

Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Lighting - Overhead

Family Room
Lvl First

18.916666666 x 19.916666666

Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Vinyl, Window(s) - Picture, Exterior Access, Open Floorplan, Recessed Lighting

Primary Bedroom
Lvl First

19.5 x 15.166666666

Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Recessed Lighting

Bedroom 2
Lvl First

20.416666666 x 10.166666666

Bedroom 3
Lvl First

13.083333333 x 9.583333333

Closet, Flooring - Hardwood

Bedroom 4
Lvl Basement

18.083333333 x 12.416666666

Closet, Flooring - Vinyl, Lighting - Overhead

Bathroom 1
Lvl First

7 x 9.583333333

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Lighting - Sconce

Bathroom 2
Lvl First

10.75 x 9.583333333

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Recessed Lighting, Lighting - Sconce

Bathroom 3
Lvl Basement

16.5 x 9.583333333

Bathroom - 3/4, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup, Lighting - Overhead

Listing Provided By

Listing Agent: Amber Cadorette

Listing Office: Keller Williams Elite

MLS® Number: 73578322