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Franklin Town 02038
2 Norumbega Circle
$560,000
● House - Off Market

2 Norumbega Circle

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,022 Ft²
$1,071,820
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Charles River Farms Neighborhood! Fabulous 10 RM Colonial 4 bds 2 1/2 bths, Farmers Porch*Set Nicely on Large Corner Lot. 1st floor office,Oak floors in Kit, Din Rm,Living Rm, Office, Foyer, Stairs* Bright Open Kitchen w/ Corian Counters, sunken skylit Fam Rm Gorgeous Mahogany Floors throughout 2nd floor! Spacious Master Suite w/ Walk-In Closet* Beautiful Updated Bath w/ Granite dble sink. Fin. Basement Private Fenced Back Yard w/Deck & Stone Patio. !st showings at OH Saturday June 15th 12-1pm!
Unit Size
3,022 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$182
Property Type
House
Property Taxes
$555
HOA Dues
-
Year Built
1993

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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: 6 months ago (MLSPIN #71538858)

Price History

Date / Event Date Event Price
Jul 19, 2013 Sold
Premium
Sold
Jun 8, 2013 Listed by Coldwell Banker Residential Brokerage - Franklin $549,900
Listed by Coldwell Banker Residential Brokerage - Franklin
Jun 15, 1998 Sold
Premium
Sold
Apr 7, 1998 Listed by ERA Key Realty Services $294,000
Listed by ERA Key Realty Services
MUCH SOUGHT AFTER CHARLES RIVER FARM*MASTER BEDROOM SUITE*CENTRAL AIR*SPRINKLER SYSTEM*PICTURE PERFECT CORNER LOT*VERY PRIVATE YARD*LOTS OF UPGRADES*FARMERS PORCH*GOURMET KITCHEN*FAMILY RM W/SKYLIGHTS*NO SHOWS BETWEEN 1:00-5:30 PM

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 9
  • 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: 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: 1,116
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,004
  • Total Building Area: 2,555
  • Gross Building Area: 5,059
  • Building Area: 2,555
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,555
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442104

Geography

  • Account Number: 108-116
  • Parcel: FRAN M:241 L:058
  • Lot: 58
  • Municipality: FRANKLIN
  • Latitude: 42.1064
  • Longitude: -71.4184

    Address

  • Full Address: 2 Norumbega Cir
  • Address - House Number: 2
  • Address - Street Name: Norumbega
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Franklin
  • Carrier Code: C012
  • 4-Digit Zip Code: 4309
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $984,600

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 962,567
  • High Value: 1,125,633
  • Low Value: 799,501

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $835,100
  • Assessed Land Value: $363,400
  • Assessed Improvements Value: $471,700

    Sales

  • Current Sale Recording Date: Jul 19, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 86817
  • Previous Sale Recording Date: Jul 19, 2013
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: O
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:

$695,000

Sale Price/ft²

$331

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2076 ft²

Average Home Age

49.2 years

Currently For Sale

66 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: 6 months ago
Data Source: MLS PIN, MLS# 71538858

Frequently Asked Questions

When was property at 2 Norumbega Circle built and last sold?
The property at 2 Norumbega Circle was built in 1993 and last sold on Jan 1, 1970 for $560,000.
How much is this home worth?
The estimated value of the home located at 2 Norumbega Circle is $579,908.
What are some comparable homes to 2 Norumbega Circle?
There are currently no comparable homes to 2 Norumbega Circle.
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