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Franklin Town 02038
11 Florence St
$690,000
● House - Off Market

11 Florence St

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,884 Ft²
$3,782
Est. Monthly

About This Property

Unique and extremely beautiful new single family in the desirable town of Franklin. The incredible floor plan features 3 lovely ensuite bedrooms with very nice finishes and awesome taste, one on the first floor and two on the second floor which the laundry is also located. The spacious living room with a charming fireplace is integrated with the dining room and the gorgeous kitchen making it an exquisite open concept. Besides the fact everything is new, this house was built with attention to detail, a place to call home. The new driveway leads to an attached 2 car garage, and it has plenty of room for off-street parking. The location is very private and quiet, and yet close to everything. House is empty, easy to show.
Unit Size
1,884 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$371
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1932

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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 #73301767)

Price History

Date / Event Date Event Price
Jan 3, 2025 Sold
Premium
Sold
Dec 13, 2024 In contract -
In contract
Nov 21, 2024 Price Decreased $699,000
↓ $30K (4.1%)
Price Decreased
Nov 14, 2024 Price Decreased $729,000
↓ $20K (2.7%)
Price Decreased
Nov 9, 2024 Price Increased $749,000
↑ $50K (7.2%)
Price Increased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,945
  • Total Building Area: 1,002
  • Gross Building Area: 2,480
  • Building Area: 1,002
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,002
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000228
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442203

Geography

  • Account Number: 34-022
  • Parcel: FRAN M:318 L:002
  • Lot: 2
  • Municipality: FRANKLIN
  • Latitude: 42.0602
  • Longitude: -71.3825

    Address

  • Full Address: 11 Florence St
  • Address - House Number: 11
  • Address - Street Name: Florence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C002
  • 4-Digit Zip Code: 3508
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $419,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 362,906
  • High Value: 427,985
  • Low Value: 297,828

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $355,700
  • Assessed Land Value: $241,200
  • Assessed Improvements Value: $114,500

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1527080
  • Previous Sale Recording Date: Aug 10, 2023
  • Previous Sale Contract Date: Aug 10, 2023
  • Previous Sale Amount: $150,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73301767

Frequently Asked Questions

When was property at 11 Florence Street built and last sold?
The property at 11 Florence Street was built in 1932 and last sold on Sep 28, 2023 for $239,000.
How much is this home worth?
The estimated value of the home located at 11 Florence Street is $661,515.
What are some comparable homes to 11 Florence Street?
There are currently no comparable homes to 11 Florence Street.
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