$275,000
●
Condo -
Off Market
2 Bancroft Cmn #2
Franklin, MA 02038
2 Beds
2 Baths,
1
Half Bath
1,645 Ft²
$465,201
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
Forge Hill - Well maintained, move in condition with an updated
granite/stainless kitchen, bathroom, decks, skylights and a wood
fireplace. Open floor plan with two large decks and a private
front patio area to relax on. 2nd Floor loft used as a family
room and 2nd level deck off the master for outdoor access.
The unit abuts the Franklin State Forest walking trails.
Oversized one car garage, unfinished basement and plenty of
closet storage space. Excellent condition. Many updates
throughout. Newer gas furnace, hot water tank. Don't
miss out on a great opportunity to own in Forge Hill! All
offers will be reviewed on Tuesday, May 3rd, 2016 after 7PM.
Unit Size
1,645 Ft²
Days on Market
-
Land Size
-
Price per sqft
$167
Property Type
Condo
Property Taxes
$266
HOA Dues
$325
Year Built
1983
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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 #71996496)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2016 | Sold | ||
| Sold | |||
| Apr 28, 2016 | Listed by RE/MAX Executive Realty | $275,000 | |
| Listed by RE/MAX Executive Realty | |||
| Jan 13, 2010 | Sold | ||
| Sold | |||
| Nov 13, 2009 | Listed by WEICHERT REALTORS® - Castles Unlimited® | $225,000 | |
| Listed by WEICHERT REALTORS® - Castles Unlimited® | |||
| | |||
|
Spacious open floor plan in this lovely townhome close to commuter rail, all major routes, shopping and restaurants. It's a 2 bedroom, 2.5 bath end unit complete with a 1 car attached garage, 2nd floor loft, skylights, fireplace, balconys, decks and a private setting abutting woods. Almost $20k in new windows/doors recently installed. Did I mention that it's also pet friendly? Seller will entertain offers between $225k- $250k. Make this your next home and take advantage of the tax credit.
| |||
| May 22, 2006 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Off Street, Common, Paved
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Washer, Dryer, Plumbed For Ice Maker
Flooring Type: Tile, Carpet, Hardwood
Laundry Features: Gas Dryer Hookup, Washer Hookup, In Basement, In Unit, Exterior Access
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1645
Year Built Source: Public Records
Year Built: 1983
Building Name: Forge Hill
Building Area Total: 1645
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio, Deck - Roof, Deck - Wood
Pool is Private
Lot Size Units: Acres
Tax Lot: 037
Water Source: Public
Financial Details
Tax Map Number: 289
Tax Assessed Value: $220,400
Tax Annual Amount: $3,196
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal, Road Maintenance
HOA Fee: $325
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/28/2016
|
2 Bed
|
2 Bath
|
1645 ft²
|
$275,000
2 Bed
2 Bath
1645 ft²
|
$275,000
07/25/2016
|
Eileen Mason
RE/MAX Executive Realty
| |
|
11/13/2009
|
2 Bed
|
3 Bath
|
1645 ft²
|
$225,000
2 Bed
3 Bath
1645 ft²
|
$230,000
+2.22%
01/13/2010
|
Susan Morrison
RE/MAX Executive Realty
| |
|
02/17/2006
|
2 Bed
|
2 Bath
|
1645 ft²
|
$287,900
2 Bed
2 Bath
1645 ft²
|
$280,000
-2.74%
05/22/2006
|
Joyce Ingrassia
RE/MAX Executive Realty
| |
|
07/14/2002
|
2 Bed
|
3 Bath
|
1600 ft²
|
$249,900
2 Bed
3 Bath
1600 ft²
|
$251,000
+0.44%
08/16/2002
|
Patricia Valentino
RE/MAX Encore
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017