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Franklin Town 02038
1 Heights Rd
$436,000
● House - Off Market

1 Heights Rd

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,330 Ft²
$834,885
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Spacious 4 bedroom, 2.5 bath brick front Colonial in Remington/Jefferson school district. Situated on an acre lot at the cul-de-sac of this great neighborhood.  Many updates include newer roof, new furnace, central AC, new windows, new front steps, fresh paint, newly refinished hardwood floors throughout main level/stairs/upper hallway, new carpeting in bedrooms.  Propane is available for gas stove & gas dryer.  Master bedroom features a 2nd fireplace for those cooler evenings.   Fantastic location with easy access to highway, train, and schools. September 2014 New Franklin High School.
Unit Size
2,330 Ft²
Days on Market
-
Land Size
0.99 acres
Price per sqft
$193
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1986

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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 #71660064)

Price History

Date / Event Date Event Price
Jul 7, 2014 Sold
Premium
Sold
Apr 12, 2014 Listed by Coldwell Banker Residential Brokerage - Franklin $450,000
Listed by Coldwell Banker Residential Brokerage - Franklin
Jun 1, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,156
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,937
  • Total Building Area: 2,339
  • Gross Building Area: 4,505
  • Building Area: 2,339
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,339
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WASHINGTON HEIGHTS
  • Land Acres: 0000000986
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442201

Geography

  • Account Number: 13-001-13
  • Parcel: FRAN M:338 L:048
  • Lot: 48
  • Municipality: FRANKLIN
  • Latitude: 42.0471
  • Longitude: -71.4463

    Address

  • Full Address: 1 Heights Rd
  • Address - House Number: 1
  • Address - Street Name: Heights
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: R006
  • 4-Digit Zip Code: 3411
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $902,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 793,594
  • High Value: 927,048
  • Low Value: 660,141

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $765,500
  • Assessed Land Value: $335,200
  • Assessed Improvements Value: $430,300

    Sales

  • Current Sale Recording Date: Jul 07, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54868
  • Previous Sale Recording Date: Jun 01, 1994
  • Previous Sale Amount: $242,000
  • 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:

$692,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2053 ft²

Average Home Age

47.1 years

Currently For Sale

57 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# 71660064

Frequently Asked Questions

When was property at 1 Heights Road built and last sold?
The property at 1 Heights Road was built in 1986 and last sold on Jan 1, 1970 for $436,000.
How much is this home worth?
The estimated value of the home located at 1 Heights Road is $468,067.
What are some comparable homes to 1 Heights Road?
There are currently no comparable homes to 1 Heights Road.
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