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Franklin 01364
15 Converse Rd
$145,000
● House - Off Market

15 Converse Rd

Orange, MA 01364
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,360 Ft²
$234,803
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

RARE PRIVATE WATER FRONT 290+ Ft of Water Frontage and Over 1.4 acres of land on Tully Pond with Cottage. Beautiful Views of Tully Mountain from Deck, Living Room, and Master Bedroom. Converse Rd is a Private Dead End road with only 2 other properties on it. Plenty of on site Parking. This property does need a complete renovation, and will require new heating system, repair heat pipes, some foundation work, repair siding rot, and cosmetics. Currently there is not water running to the home. 7 years ago the title V did pass and in the time it was occupied only 1 person resided in the home, however there is no way to test the septic system due to water being off. Sellers have never lived in the home. This property is part of an estate sale and is being sold "as is".
Unit Size
1,360 Ft²
Days on Market
-
Land Size
1.45 acres
Price per sqft
$114
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72333674)

Price History

Date / Event Date Event Price
Jun 22, 2018 Sold
Premium
Sold
May 25, 2018 Listed by HOMETOWN REALTORS® $154,900
Listed by HOMETOWN REALTORS®
Apr 11, 2011 Sold
Premium
Sold
Jun 30, 2010 Listed by HOMETOWN REALTORS® $209,900
Listed by HOMETOWN REALTORS®
Sep 28, 2009 Listed $235,000
Listed
Wonderful, private Lakefront home which has been newly renovated. Enjoy incredible views of Tully Mountain and beautiful sunsets from the enormous deck. This home features an open floor plan, new bamboo laminate flooring, a pellet stove, a huge first floor master bedroom, and a lofted second bedroom.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • 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: 24
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 63,162
  • Total Building Area: 1,360
  • Gross Building Area: 2,080
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001450
  • 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: 242
  • Parcel: ORAN M:0101 B:0000 L:00016
  • Lot: 16
  • Municipality: ORANGE
  • Latitude: 42.6351
  • Longitude: -72.2381

    Address

  • Full Address: 15 Converse Rd
  • Address - House Number: 15
  • Address - Street Name: Converse
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Orange
  • Carrier Code: R002
  • 4-Digit Zip Code: 9535
  • Zip Code: 01364

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $464,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 58
  • Final Value: 308,545
  • High Value: 396,810
  • Low Value: 220,279

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $266,200
  • Assessed Land Value: $131,400
  • Assessed Improvements Value: $134,800

    Sales

  • Current Sale Recording Date: Jun 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 6007
  • Previous Sale Recording Date: Apr 11, 2011
  • Previous Sale Amount: $190,000
  • 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

2172 ft²

Average Home Age

99.4 years

Currently For Sale

156 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72333674

Frequently Asked Questions

When was property at 15 Converse Road built and last sold?
The property at 15 Converse Road was built in 1940 and last sold on Jan 1, 1970 for $125,000.
How much is this home worth?
The estimated value of the home located at 15 Converse Road is $163,330.
What are some comparable homes to 15 Converse Road?
There are currently no comparable homes to 15 Converse Road.
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