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Franklin Town 02038
120 Mill St
$800,000
● House - Off Market

120 Mill St

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,752 Ft²
$698,169
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Well-loved Colonial centrally located in the town of Franklin.  Close to major routes, town center and commuter rail.  This four bedroom, 3.5 bath home features hardwood floors, attached two car garage and sliders to a back porch.   The kitchen has maple cabinetry, granite counter tops, island and is open to the fireplaced living room. Great space to entertain family and friends.  Celebrate the holidays in your spacious formal dining room.  First floor laundry.  Finished basement with full bathroom.  The primary suite has a massive walk-in closet and large bath with dual sinks.  Three bright and airy bedrooms complete the second floor.  Central A/C.  Private backyard.
Unit Size
2,752 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$253
Property Type
House
Property Taxes
$728
HOA Dues
-
Year Built
2004

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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 #73100737)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
Apr 26, 2023 In contract -
In contract
Apr 19, 2023 Listed by Coldwell Banker Realty - Westwood $697,000
Listed by Coldwell Banker Realty - Westwood
Feb 19, 2019 Sold
Premium
Sold
Nov 15, 2018 Listed by Coldwell Banker Realty - Westwood $549,000
Listed by Coldwell Banker Realty - Westwood
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,138
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,019
  • Total Building Area: 2,420
  • Gross Building Area: 4,732
  • Building Area: 2,420
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,420
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKLIN
  • Land Acres: 0000000919
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 87-011
  • Parcel: FRAN M:264 L:028
  • Lot: 28
  • Municipality: FRANKLIN
  • Latitude: 42.0935
  • Longitude: -71.3615

    Address

  • Full Address: 120 Mill St
  • Address - House Number: 120
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C018
  • 4-Digit Zip Code: 5213
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $889,900

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 834,410
  • High Value: 978,031
  • Low Value: 690,789

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $754,800
  • Assessed Land Value: $333,400
  • Assessed Improvements Value: $421,400

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38792
  • Previous Sale Recording Date: Jun 23, 2023
  • Previous Sale Contract Date: Jun 08, 2023
  • Previous Sale Amount: $535,000
  • Previous Sale Document Type: 21
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

$338

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2096 ft²

Average Home Age

52.8 years

Currently For Sale

43 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# 73100737

Frequently Asked Questions

When was property at 120 Mill Street built and last sold?
The property at 120 Mill Street was built in 2004 and last sold on Jun 23, 2023 for $800,000.
How much is this home worth?
The estimated value of the home located at 120 Mill Street is $706,607.
What are some comparable homes to 120 Mill Street?
There are currently no comparable homes to 120 Mill Street.
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