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    Property profile & analytics

    2 Franklin St Framingham, MA 01702-6622

    • Residential income homes
    • 13,760 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $1,800,000
    Last Sale
    Dec 09, 2021
    $1,900,000
    Location Intelligence
    Property ID
    US38-0451446
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Painting Construction Plus / Painter
    • Greyhound: Bus Stop / Bus Company
    • Old Colony Hotel, Inc. / Hotel
    • 115 turpinke Massachusetts / Coffee Shop

    Property Details for 2 Franklin St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.27 lot acres
    Property size
    13,760 SF
    Zone code
    CB
    Property type
    Residential income homes
    Property subtype
    Serviced apartments
    APN
    FRAM M:128 B:86 L:3058 U:000
    APU
    FRAMM128B86L3058U000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,795,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,995,000
      6.5%
      $2,075,000
      7%
      $2,020,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,665,000
      Geo Method
      $1,755,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,905,000
      Retail
      $1,905,000
      Mixed-Use
      $1,990,000
      Hospitality
      $1,700,000
      Educational
      $2,010,000
      Residential Income
      $2,020,000
      Energy
      $2,015,000
      Income-Based Land
      $1,795,000
      Food Service
      $1,915,000

    Location Insight

    • Map
    • Local Demand
    City
    Framingham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.4181
    Latitude
    42.2773
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $32,937
    $990,000
    $1,653,400
    $2,643,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      150,636 SF

      100 Dr Harvey Cushing Way

      BOARDING/ROOMING HOUSE • 150,636 SF
      100 Dr Harvey Cushing Way, Framingham, MA 01702-6288
      View Details
    • Value Estimation by Request
      2,516 SF

      115 Franklin St

      BOARDING/ROOMING HOUSE • 2,516 SF
      115 Franklin St, Framingham, MA 01702-6639
      View Details
    • Value Estimation
      $290,000
      3,099 SF

      359 Hollis St

      BOARDING/ROOMING HOUSE • 3,099 SF
      359 Hollis St, Framingham, MA 01702-8644
      View Details
    • Value Estimation by Request
      4,450 SF

      100 Pearl St

      BOARDING/ROOMING HOUSE • 4,450 SF
      100 Pearl St, Framingham, MA 01702-6692
      View Details
    • Value Estimation
      $615,000
      3,334 SF

      45 Winthrop St

      BOARDING/ROOMING HOUSE • 3,334 SF
      45 Winthrop St, Framingham, MA 01702-6916
      View Details
    • Value Estimation by Request
      2,599 SF

      63 Clark St

      BOARDING/ROOMING HOUSE • 2,599 SF
      63 Clark St, Framingham, MA 01702-6407
      View Details

    Similar Nearby for Sale

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      Two-family property with a four-car garage, fully rented.
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      Fully renovated, 100% occupied 11-unit multifamily property near downtown.
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    • $15,000,000

      Renovated Apartment Buildings in Framingham

      Twin 27-unit buildings with recent renovations and income growth potential.
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      Multi-family home with five bedrooms and three bathrooms.
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    Similar Nearby for Lease

    • $30 SF/Yr
      1,920 SF

      Framingham Office Space on Route 9

      Professional office space with high visibility and convenient highway access.
      50 Worcester Rd, Framingham, MA 01702
      View Details
    • Contact for pricing
      2,243 SF

      Framingham Office Space Available Now

      2,243 SF second-floor office with private entrance and restrooms.
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      View Details
    • Contact for pricing
      1,526 SF

      Framingham Flex Space For Rent

      Flex space in downtown Framingham, near commuter rail.
      2 Cedar St, Framingham, MA 01702
      View Details
    • $4,500 /Mo

      Spacious Rental in Central Framingham

      Bright, well-maintained unit near downtown, commuter rail, and amenities.
      2 Frederick St, Framingham, MA 01702
      View Details
    • $1,700 /Mo
      900 SF

      Framingham Office Space For Rent

      Versatile office suite with great frontage and ample parking.
      357-359 Union Ave, Framingham, MA 01702
      View Details
    • Contact for pricing

      High-Traffic Location Near Transit

      Office and retail spaces with high foot traffic and transit access.
      Boston, MA 01702
      View Details
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    2 Franklin St
    Framingham, MA 01702-6622
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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