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Franklin Town 02038
1 Besso Street
$276,000
● House - Off Market

1 Besso Street

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,508 Ft²
$703,020
RealtyHop Estimate
151.17%
Since Jul 1, 2002
National-US
Primary Model

About This Property

LOCATION,LOCATION,LOCATION!GREAT 3 BDRM HOME FEATURING HARDOODS THRUOUT,FIREPLACED LIVING RM AND FAMILY RM*CENTRAL AIR*GARAGE*FANTASTIC NEIGHBORHOOD*MINUTES TO RT 495 DON'T MISS THIS!!!
Unit Size
1,508 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$186
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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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 months ago (MLSPIN #30601221)

Price History

Date / Event Date Event Price
Jun 1, 2021 Sold
Premium
Sold
Apr 18, 2021 Listed by RE/MAX Real Estate Center $450,000
Listed by RE/MAX Real Estate Center
Jun 24, 2002 Sold
Premium
Sold
Apr 26, 2002 Listed by RE/MAX Real Estate Center $279,900
Listed by RE/MAX Real Estate Center

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,008
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,926
  • Total Building Area: 1,008
  • Gross Building Area: 2,256
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000366
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442104

Geography

  • Account Number: 99-010
  • Parcel: FRAN M:253 L:027
  • Lot: 27
  • Municipality: FRANKLIN
  • Latitude: 42.1013
  • Longitude: -71.4301

    Address

  • Full Address: 1 Besso St
  • Address - House Number: 1
  • Address - Street Name: Besso
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C015
  • 4-Digit Zip Code: 2801
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $584,500

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 542,630
  • High Value: 639,288
  • Low Value: 445,972

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $495,800
  • Assessed Land Value: $242,700
  • Assessed Improvements Value: $253,100

    Sales

  • Current Sale Contract Date: Jun 01, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71629
  • Previous Sale Recording Date: Jun 24, 2002
  • Previous Sale Amount: $276,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Franklin Town

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2076 ft²

Average Home Age

52.3 years

Currently For Sale

47 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30601221

Frequently Asked Questions

When was property at 1 Besso Street built and last sold?
The property at 1 Besso Street was built in 1964 and last sold on Jun 1, 2021 for $469,500.
How much is this home worth?
The estimated value of the home located at 1 Besso Street is $451,928.
What are some comparable homes to 1 Besso Street?
There are currently no comparable homes to 1 Besso Street.
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