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Franklin Town 02038
1 Iron Gate Rd
$800,000
● House - Off Market

1 Iron Gate Rd

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
4,471 Ft²
$1,721,616
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Finest Estate living available in Franklin. Country manor for the discriminating buyer. Best deal in town for a home under $1m.!!!
Unit Size
4,471 Ft²
Days on Market
-
Land Size
1.61 acres
Price per sqft
$217
Property Type
House
Property Taxes
$1,078
HOA Dues
-
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71833449)

Price History

Date / Event Date Event Price
Dec 15, 2015 Sold
Premium
Sold
May 8, 2015 Listed by Andrew E. Bissanti Realty $969,950
Listed by Andrew E. Bissanti Realty
May 21, 2009 Sold
Premium
Sold
Jul 23, 2008 Listed by Andrew E. Bissanti Realty $999,900
Listed by Andrew E. Bissanti Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 10
  • 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: 11
  • 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: 3,165
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 70,175
  • Total Building Area: 4,443
  • Gross Building Area: 10,692
  • Building Area: 4,443
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,443
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TODESCO ESTATES
  • Land Acres: 0000001611
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 26-014-01
  • Parcel: FRAN M:331 L:005
  • Lot: 5
  • Municipality: FRANKLIN
  • Latitude: 42.0534
  • Longitude: -71.3825

    Address

  • Full Address: 1 Iron Gate Rd
  • Address - House Number: 1
  • Address - Street Name: Iron Gate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C002
  • 4-Digit Zip Code: 2362
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,346,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1515
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 1,308,044
  • High Value: 1,506,270
  • Low Value: 1,109,819

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,142,100
  • Assessed Land Value: $259,200
  • Assessed Improvements Value: $882,900

    Sales

  • Current Sale Recording Date: Dec 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124438
  • Previous Sale Recording Date: May 21, 2009
  • Previous Sale Amount: $850,000
  • 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

$333

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1994 ft²

Average Home Age

48.1 years

Currently For Sale

67 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: 5 months ago
Data Source: MLS PIN, MLS# 71833449

Frequently Asked Questions

When was property at 1 Iron Gate Drive built and last sold?
The property at 1 Iron Gate Drive was built in 1997 and last sold on Jan 1, 1970 for $800,000.
How much is this home worth?
The estimated value of the home located at 1 Iron Gate Drive is $990,658.
What are some comparable homes to 1 Iron Gate Drive?
There are currently no comparable homes to 1 Iron Gate Drive.
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