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Franklin 01364
181 Daniel Shays Hwy
$295,000
● House - Off Market

181 Daniel Shays Hwy

Orange, MA 01364
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$1,993
Est. Monthly

About This Property

Conveniently Located on Daniel Shays Highway, this property offers significant commercial potential. Its visibility and accessibility on a major thoroughfare can attract customers or clients for various business endeavors. The layout of the property, could accommodate various commercial uses such as offices, retail space, or even a small business headquarters. Additionally, the attached garage could be utilized for storage or as a workshop space, depending on the needs of the business. The office space in the rear has a separate entrance The large front porch adds charm and could be utilized for outdoor displays or seating for a cafe or boutique. Overall, this property presents an exciting opportunity for commercial ventures due to its prime location and versatile layout.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$221
Property Type
House
Property Taxes
$328
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 #73246931)

Price History

Date / Event Date Event Price
Sep 13, 2024 Sold
Premium
Sold
Aug 26, 2024 In contract -
In contract
Jun 4, 2024 Listed by Four Columns Realty, LLC $339,000
Listed by Four Columns Realty, LLC
Conveniently Located on Daniel Shays Highway, this property offers significant commercial potential. Its visibility and accessibility on a major thoroughfare can attract customers or clients for various business endeavors. The layout of the property, could accommodate various commercial uses such as offices, retail space, or even a small business headquarters. Additionally, the attached garage could be utilized for storage or as a workshop space, depending on the needs of the business. The office space in the rear has a separate entrance The large front porch adds charm and could be utilized for outdoor displays or seating for a café or boutique. Overall, this property presents an exciting opportunity for commercial ventures due to its prime location and versatile layout.
Oct 26, 2007 Sold
Premium
Sold
Jul 10, 2007 Listed by Four Columns Realty, LLC $199,900
Listed by Four Columns Realty, LLC
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 936
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,536
  • Gross Building Area: 3,348
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • 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: B

Geography

  • Account Number: 3146
  • Parcel: ORAN M:0251 B:0000 L:00071
  • Lot: 71
  • Municipality: ORANGE
  • Latitude: 42.5576
  • Longitude: -72.2865

    Address

  • Full Address: 181 Daniel Shays Hwy
  • Address - House Number: 181
  • Address - Street Name: Daniel Shays
  • Address - Suffix Type: Hwy
  • State: MA
  • City Name: Orange
  • Carrier Code: C011
  • 4-Digit Zip Code: 2019
  • Zip Code: 01364

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $393,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2647
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 61
  • Final Value: 302,784
  • High Value: 385,080
  • Low Value: 220,489

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $225,600
  • Assessed Land Value: $25,400
  • Assessed Improvements Value: $200,200

    Sales

  • Current Sale Recording Date: Oct 26, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00014093
  • Previous Sale Recording Date: Aug 03, 2004
  • Previous Sale Amount: $75,000
  • 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

58

Average Home Size

2166 ft²

Average Home Age

99.7 years

Currently For Sale

143 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

Unit for rent at 419 E River St, Orange, MA, 01364

$989 /mo

  • 1 Bed
  • 1 Bath
419 E River St, Orange, MA, 01364 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73246931

Frequently Asked Questions

When was property at 181 Daniel Shays Highway built and last sold?
The property at 181 Daniel Shays Highway was built in 1940 and last sold on Jan 1, 1970 for $180,375.
How much is this home worth?
The estimated value of the home located at 181 Daniel Shays Highway is $330,175.
What are some comparable homes to 181 Daniel Shays Highway?
There are currently no comparable homes to 181 Daniel Shays Highway.
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