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Franklin 01364
118 Tully Rd
$308,000
● House - Off Market

118 Tully Rd

Orange, MA 01364
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$1,987
Est. Monthly

About This Property

Welcome to this fully updated 3 bed 1 bath single family house. This property offers all the features you desire in a dream home. Granite counter tops, under mount stainless sink, island center, stainless appliances, cathedral ceilings, exposed beams, sky lights and ceiling fans. The home has three nicely sized bedroom and one full bath. Enjoy sitting by the cozy double fireplace with massive mantle in the living room, kitchen and dining with big picture window. New laminate flooring throughout home. Conservation land across the road with chapter 61 abutting you. Don't miss out on this wonderful opportunity. It won't last!
Unit Size
1,248 Ft²
Days on Market
-
Land Size
1.64 acres
Price per sqft
$264
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1991

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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 #73182887)

Price History

Date / Event Date Event Price
Jan 3, 2024 Sold
Premium
Sold
Dec 6, 2023 In contract -
In contract
Nov 27, 2023 Listed by Cameron Real Estate Group $330,000
Listed by Cameron Real Estate Group
Jun 7, 2018 Sold
Premium
Sold
Apr 11, 2018 Listed by Cameron Real Estate Group $197,777
Listed by Cameron Real Estate Group
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,248
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,438
  • Total Building Area: 1,248
  • Gross Building Area: 2,864
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001640
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • School Tax School District: ORANGE SD
  • School Tax District Code 2: RALPH C MAHAR
  • Census Tract: 040502

Zoning

  • Zoning: D

Geography

  • Account Number: 433
  • Parcel: ORAN M:0221 B:0000 L:00001
  • Lot: 1
  • Municipality: ORANGE
  • Latitude: 42.6227
  • Longitude: -72.2416

    Address

  • Full Address: 118 Tully Rd
  • Address - House Number: 118
  • Address - Street Name: Tully
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Orange
  • Carrier Code: R002
  • 4-Digit Zip Code: 9679
  • Zip Code: 01364

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $453,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1125
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 88
  • Final Value: 337,457
  • High Value: 375,218
  • Low Value: 299,696

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $259,800
  • Assessed Land Value: $35,700
  • Assessed Improvements Value: $224,100

    Sales

  • Current Sale Contract Date: Jan 03, 2024
  • Current Sale Recording Date: Jan 03, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68
  • Previous Sale Recording Date: Jun 07, 2018
  • Previous Sale Amount: $200,000
  • 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# 73182887

Frequently Asked Questions

When was property at 118 Tully Road built and last sold?
The property at 118 Tully Road was built in 1991 and last sold on Jan 3, 2024 for $308,000.
How much is this home worth?
The estimated value of the home located at 118 Tully Road is $325,291.
What are some comparable homes to 118 Tully Road?
There are currently no comparable homes to 118 Tully Road.
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