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Franklin Town 02038
109 School St
$442,500
● House - Off Market

109 School St

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,524 Ft²
$616,769
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Beautiful antique colonial completely restored to yesteryear and ready for you to move in. This home offers hardwood floors throughout, 3 large bedrooms, 1.5 baths, a large an spacious new kitchen with granite, island, stainless appliances and butlers pantry all in walking distance to the commuter rail. Stop looking for that home that meets all of your checkbox's and come see the home that will wow you! From the grand stairway to the 2nd floor, to the inlaid hardwood floors in the dining and family room with large fireplace, this home has what you've been looking for. Don't delay, come see this one today!
Unit Size
1,524 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$289
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #72655425)

Price History

Date / Event Date Event Price
Jun 26, 2020 Sold
Premium
Sold
May 13, 2020 Listed by LAER Realty Partners $439,900
Listed by LAER Realty Partners
Oct 11, 2018 Sold
Premium
Sold
Aug 1, 2018 Listed by LAER Realty Partners $300,000
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 616
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,875
  • Total Building Area: 1,524
  • Gross Building Area: 2,417
  • Building Area: 1,524
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,524
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442101

Geography

  • Account Number: 75-016
  • Parcel: FRAN M:279 L:045
  • Lot: 45
  • Municipality: FRANKLIN
  • Latitude: 42.0858
  • Longitude: -71.4003

    Address

  • Full Address: 109 School St
  • Address - House Number: 109
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C031
  • 4-Digit Zip Code: 2015
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $601,500

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 574,329
  • High Value: 673,983
  • Low Value: 474,676

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $510,200
  • Assessed Land Value: $323,800
  • Assessed Improvements Value: $186,400

    Sales

  • Current Sale Contract Date: Jun 17, 2020
  • Current Sale Recording Date: Jun 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61287
  • Previous Sale Recording Date: Oct 11, 2018
  • Previous Sale Amount: $225,000
  • 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 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: 4 months ago
Data Source: MLS PIN, MLS# 72655425

Frequently Asked Questions

When was property at 109 School Street built and last sold?
The property at 109 School Street was built in 1900 and last sold on Jun 17, 2020 for $442,500.
How much is this home worth?
The estimated value of the home located at 109 School Street is $439,955.
What are some comparable homes to 109 School Street?
There are currently no comparable homes to 109 School Street.
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