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Worcester 01516
131 Franklin
$399,900
● House - Off Market

131 Franklin

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,992 Ft²
$547,758
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

This is a must see custom split entry home located in a quiet country setting just off of main street.  This gorgeous home has so much to offer including giant master bath with walk in tiled shower,  3-1/4 red oak hardwood floors throughout kitchen dining and hallway,   Open concept living with cathedral ceilings in kitchen and dining room with gas fireplace. Custom cabinets and granite countertops throughout.  Interior features include stainless steel appliances, hardwoods, tile,carpeting, Oak stairway, and custom millwork.  Don't miss out on this custom home built with quality and integrity.  This home has to be seen to be appreciated and won't last long.
Unit Size
1,992 Ft²
Days on Market
-
Land Size
2.08 acres
Price per sqft
$201
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 #72641872)

Price History

Date / Event Date Event Price
Aug 19, 2020 Sold
Premium
Sold
Apr 3, 2020 Listed by RE/MAX Acclaim $399,900
Listed by RE/MAX Acclaim
Sep 23, 2016 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,242
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 90,431
  • Total Building Area: 2,028
  • Gross Building Area: 2,669
  • Building Area: 2,028
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,028
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DOUGLAS
  • Land Acres: 0000002076
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Douglas School District
  • School Tax School District: DOUGLAS SD
  • Census Tract: 752101

Zoning

  • Zoning: RA

Geography

  • Account Number: 30-23A
  • Parcel: DOUG M:0195 B:0000022 L:
  • Block: 22
  • Municipality: DOUGLAS
  • Latitude: 42.0544
  • Longitude: -71.706

    Address

  • Full Address: 131 Franklin St
  • Address - House Number: 131
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Douglas
  • Carrier Code: R002
  • 4-Digit Zip Code: 2334
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $713,900

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 577,436
  • High Value: 673,871
  • Low Value: 481,001

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $528,000
  • Assessed Land Value: $90,100
  • Assessed Improvements Value: $437,900

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93264
  • Previous Sale Recording Date: Sep 23, 2016
  • Previous Sale Amount: $70,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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# 72641872

Frequently Asked Questions

When was property at 131 Franklin Street built and last sold?
The property at 131 Franklin Street was built in 2020 and last sold on Jul 29, 2020 for $399,900.
How much is this home worth?
The estimated value of the home located at 131 Franklin Street is $412,981.
What are some comparable homes to 131 Franklin Street?
There are currently no comparable homes to 131 Franklin Street.
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