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Franklin 01364
15 Center Drive
$282,000
● House - Off Market

15 Center Drive

Orange, MA 01364
bedrooms
4 Beds
bathrooms
1 Bath
square feet
912 Ft²
$271,992
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Raised Ranch with 2 bedrooms on the first floor and 2 bedroom on the lower level. Nice corner lot with private backyard. 2 zone boderus heating system, replacement windows and added insulation keep heating costs in check. Title V is complete and has passed.  First showing is schedule for open house Sunday March 19th 11:30am-1pm.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$296
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1976

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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 #73087976)

Price History

Date / Event Date Event Price
May 11, 2023 Sold
Premium
Sold
Mar 21, 2023 In contract -
In contract
Mar 18, 2023 Listed by Keller Williams Realty North Central $269,900
Listed by Keller Williams Realty North Central
Jun 30, 1986 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 880
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 912
  • Gross Building Area: 2,090
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 912
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • 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: 582
  • Parcel: ORAN M:0221 B:0000 L:00099
  • Lot: 99
  • Municipality: ORANGE
  • Latitude: 42.6157
  • Longitude: -72.2371

    Address

  • Full Address: 15 Center Dr
  • Address - House Number: 15
  • Address - Street Name: Center
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Orange
  • Carrier Code: R002
  • 4-Digit Zip Code: 9645
  • Zip Code: 01364

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $377,400

    Appraisal Valuation

  • Standard Deviation: 0.2647
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 61
  • Final Value: 295,224
  • High Value: 375,491
  • Low Value: 214,957

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $216,400
  • Assessed Land Value: $31,600
  • Assessed Improvements Value: $184,800

    Sales

  • Current Sale Contract Date: May 10, 2023
  • Current Sale Recording Date: May 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3633
  • Previous Sale Recording Date: Jun 30, 1986
  • Previous Sale Amount: $61,000
  • Previous Sale Document Type: 27
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

59

Average Home Size

2189 ft²

Average Home Age

99.6 years

Currently For Sale

152 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# 73087976

Frequently Asked Questions

When was property at 15 Center Drive built and last sold?
The property at 15 Center Drive was built in 1976 and last sold on May 10, 2023 for $282,000.
How much is this home worth?
The estimated value of the home located at 15 Center Drive is $269,712.
What are some comparable homes to 15 Center Drive?
There are currently no comparable homes to 15 Center Drive.
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