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Franklin
LOT 1 Center Road
$47,000
● Land - Off Market

LOT 1 Center Road

Gill, MA 01354
bedrooms
Studio
bathrooms
0 Bath
$130,043
RealtyHop Estimate
160.61%
Since Apr 1, 2002
National-US
Primary Model

About This Property

HERE'S YOUR OPPORTUNITY TO GRAB A PIECE OF LAND JUST OFF THE CENTER OF GILL. MINIMUM OF 2 ACRES OF WOODED LAND. SELLER IS WAITING FOR SURVEY TO BE FINISHED AND WILL PERC A.S.A.P.
Unit Size
-
Days on Market
-
Land Size
2.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1976

Payment Calculator

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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: 4 months ago (MLSPIN #30557308)

Price History

Date / Event Date Event Price
Jun 21, 2022 Sold
Premium
Sold
May 2, 2022 Listed by Coldwell Banker Upton-Massamont REALTORS® $349,900
Listed by Coldwell Banker Upton-Massamont REALTORS®
Mar 16, 2021 Sold
Premium
Sold
Dec 29, 2020 Listed by Coldwell Banker Upton-Massamont REALTORS® $150,000
Listed by Coldwell Banker Upton-Massamont REALTORS®
Mar 21, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,282
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 74,052
  • Total Building Area: 2,436
  • Gross Building Area: 2,756
  • Building Area: 2,436
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,436
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001700
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gill-Montague School District
  • Census Tract: 040200

Geography

  • Parcel: GILL M:211.0 B:0000 L:0001.0
  • Lot: 1.0
  • Municipality: GILL
  • Latitude: 42.6418
  • Longitude: -72.4984

    Address

  • Full Address: 1 Center Rd
  • Address - House Number: 1
  • Address - Street Name: Center
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gill
  • Carrier Code: R001
  • 4-Digit Zip Code: 9616
  • Zip Code: 01354

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $595,100

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 409,538
  • High Value: 469,424
  • Low Value: 349,651

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,900
  • Assessed Land Value: $48,900
  • Assessed Improvements Value: $303,000

    Sales

  • Current Sale Contract Date: Jun 21, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6807
  • Previous Sale Recording Date: Mar 16, 2021
  • Previous Sale Contract Date: Mar 09, 2021
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: O
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

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2189 ft²

Average Home Age

99.8 years

Currently For Sale

154 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30557308

Frequently Asked Questions

When was property at 1 Center Road built and last sold?
The property at 1 Center Road was built in 1976 and last sold on Jun 21, 2022 for $365,000.
How much is this home worth?
The estimated value of the home located at 1 Center Road is $344,549.
What are some comparable homes to 1 Center Road?
There are currently no comparable homes to 1 Center Road.
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