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Westborough 01581
2 Franklin Ave.
$149,900
● House - Off Market

2 Franklin Ave.

Westborough, MA 01581
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,593 Ft²
$557,051
RealtyHop Estimate
271.61%
Since Feb 1, 1997
National-US
Primary Model

About This Property

PICTURE PERFECT CAPE WITH ATTACHED GARAGES!  LOVELY KITCHEN WITH EATING AREA, HARDWOODS, FINISHED LOWER LEVEL FAMILY RM AND HALF BATH. LOFT AREA, SKYLIGHT, ATTACHED SHED, INGROUND POOL.  WALKING DISTANCE TO SCHOOL AND DOWNTOWN.
Unit Size
1,593 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$94
Property Type
House
Property Taxes
$175
HOA Dues
-
Year Built
1952

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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 years ago (MLSPIN #30133312)

Price History

Date / Event Date Event Price
Apr 28, 2000 Sold
Premium
Sold
Jan 31, 1997 Sold
Premium
Sold
Oct 23, 1996 Listed $149,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 10,999
  • Total Building Area: 1,308
  • Gross Building Area: 3,096
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westborough School District
  • School Tax School District: WESTBOROUGH SD
  • Census Tract: 742300

Zoning

  • Zoning: R

Geography

  • Parcel: WBOR M:0020 B:000073 L:0
  • Block: 73
  • Municipality: WESTBOROUGH
  • Latitude: 42.2705
  • Longitude: -71.6239

    Address

  • Full Address: 2 Franklin Ave
  • Address - House Number: 2
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Westborough
  • Carrier Code: C004
  • 4-Digit Zip Code: 1808
  • Zip Code: 01581

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $796,000

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 531,179
  • High Value: 624,216
  • Low Value: 438,143

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $485,100
  • Assessed Land Value: $290,300
  • Assessed Improvements Value: $194,800

    Sales

  • Current Sale Recording Date: Apr 28, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 31, 1997
  • Previous Sale Amount: $149,900
  • 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 Westborough

Stats & Trends

Median Asking:

$657,500

Sale Price/ft²

$336

Below Asking

0.02%

Average Days on Market

67

Average Home Size

1912 ft²

Average Home Age

105.1 years

Currently For Sale

12 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30133312

Frequently Asked Questions

When was property at 2 Franklin Avenue built and last sold?
The property at 2 Franklin Avenue was built in 1952 and last sold on Jan 1, 1970 for $210,000.
How much is this home worth?
The estimated value of the home located at 2 Franklin Avenue is $0.
What are some comparable homes to 2 Franklin Avenue?
There are currently no comparable homes to 2 Franklin Avenue.
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