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Franklin Town 02038
2 Alexandria Dr
$465,000
● House - Off Market

2 Alexandria Dr

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,183 Ft²
$853,253
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

The wait is over, your family will love this four bedroom, two and a half bath home in one of Franklins most desirable neighborhoods. Updated eat-in kitchen with stainless appliances, many rooms freshly painted, newer carpet in living room and stairs to second floor. Master bedroom with private updated bath and walk in closet. Wonderful private setting on an acre and a quarter wooded lot trimmed with perennial flower beds and manicured grass. A custom multilevel deck provides an oasis for the outdoor living along with its three season room offering protection from the elements while enjoying this very peaceful yard. Recently installed deep-water irrigation well and automatic sprinkler system. Roof replaced 5 years ago...conveniently located to 495 and train stations. Showings start Saturday 6/14 2pm at open house.
Unit Size
2,183 Ft²
Days on Market
-
Land Size
1.21 acres
Price per sqft
$211
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
1993

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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 #71697316)

Price History

Date / Event Date Event Price
Jul 23, 2014 Sold
Premium
Sold
Jun 11, 2014 Listed by RE/MAX Executive Realty $459,900
Listed by RE/MAX Executive Realty
Apr 5, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 954
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,795
  • Total Building Area: 2,099
  • Gross Building Area: 4,516
  • Building Area: 2,099
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,099
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAPLE VLY ESTATES
  • Land Acres: 0000001212
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442103

Geography

  • Account Number: 101-018-02
  • Parcel: FRAN M:251 L:072
  • Lot: 72
  • Municipality: FRANKLIN
  • Latitude: 42.1028
  • Longitude: -71.4057

    Address

  • Full Address: 2 Alexandria Dr
  • Address - House Number: 2
  • Address - Street Name: Alexandria
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: R005
  • 4-Digit Zip Code: 4240
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $874,300

    Appraisal Valuation

  • Standard Deviation: 0.1501
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 840,196
  • High Value: 966,339
  • Low Value: 714,054

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $741,600
  • Assessed Land Value: $370,400
  • Assessed Improvements Value: $371,200

    Sales

  • Current Sale Recording Date: Jul 23, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60676
  • Previous Sale Recording Date: Apr 05, 1994
  • Previous Sale Amount: $208,800
  • 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 Town

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$338

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2141 ft²

Average Home Age

52.5 years

Currently For Sale

46 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# 71697316

Frequently Asked Questions

When was property at 2 Alexandria Drive built and last sold?
The property at 2 Alexandria Drive was built in 1993 and last sold on Jan 1, 1970 for $465,000.
How much is this home worth?
The estimated value of the home located at 2 Alexandria Drive is $475,151.
What are some comparable homes to 2 Alexandria Drive?
There are currently no comparable homes to 2 Alexandria Drive.
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