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Franklin Town 02038
131 Forest St
Photo of 131 Forest St
Sold on Aug 15, 2005

1

Map

$371,000
● House - Off Market

131 Forest St

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,685 Ft²
$647,018
RealtyHop Estimate
74.92%
Since Sep 1, 2005
National-US
Primary Model

About This Property

Get the most return for your money. Well kept Gambrel on lot that offers opportunities on all sides. Situated on almost an acre and conveniently located within one mile of Rt 495, Commuter Rail, Shopping and Schools. Compare to other listed properties and you won't be disappointed. Omega kitchen cabinets with center island, open to dining room. Den on first floor could be used as fourth bedroom. Living room has brick hearth fireplace. Great Yard with blooming Blueberry bushes. W/D & Fridge neg.
Unit Size
1,685 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$220
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1981

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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 #70222787)

Price History

Date / Event Date Event Price
Aug 15, 2005 Sold
Premium
Sold
Jul 10, 2005 Listed $369,900
Listed

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,713
  • Total Building Area: 1,685
  • Gross Building Area: 2,760
  • Building Area: 1,685
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,685
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000958
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 24-022
  • Parcel: FRAN M:329 L:030
  • Lot: 30
  • Municipality: FRANKLIN
  • Latitude: 42.0523
  • Longitude: -71.4108

    Address

  • Full Address: 131 Forest St
  • Address - House Number: 131
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: R001
  • 4-Digit Zip Code: 2525
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $592,900

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 595,753
  • High Value: 691,165
  • Low Value: 500,341

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $502,900
  • Assessed Land Value: $249,200
  • Assessed Improvements Value: $253,700

    Sales

  • Current Sale Recording Date: Aug 15, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 141513
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

$337

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2076 ft²

Average Home Age

51.3 years

Currently For Sale

42 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# 70222787

Frequently Asked Questions

When was property at 131 Forest Street built and last sold?
The property at 131 Forest Street was built in 1981 and last sold on Jan 1, 1970 for $371,000.
How much is this home worth?
The estimated value of the home located at 131 Forest Street is $383,727.
What are some comparable homes to 131 Forest Street?
There are currently no comparable homes to 131 Forest Street.
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