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Franklin Town 02038
20 Marthas Way
$420,000
● House - Off Market

20 Marthas Way

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,941 Ft²
$664,928
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Country charm at its best. Pretty Gambrel cape located at Martha's way, within walking distance to town and shopping. Many new updates, new quartz counters, new flooring and freshly painted thru-out the home, The kitchen is sunny and bright with a great breakfast bar seating for 4. Dining room with bamboo flooring,wainscoting and beautiful cherry blinds to be included in the sale of the home. Living room with new rug and pretty fireplace for the winter nights. Upstairs has 3 large bedrooms all with  new rugs. Great playroom in the basement with B-Board and lots of room for a pool table. New roof 2015,enclosed fence in the rear of the yard for a dog, large shed for  storage.
Unit Size
1,941 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$219
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1992

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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 #72269725)

Price History

Date / Event Date Event Price
Feb 28, 2018 Sold
Premium
Sold
Jan 11, 2018 Listed by Real Living Realty Group $425,000
Listed by Real Living Realty Group

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 0

    Dimensions

  • Lot Size Square Feet: 23,074
  • Total Building Area: 1,591
  • Gross Building Area: 2,484
  • Building Area: 1,591
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,591
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKLIN
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442204

Geography

  • Account Number: 86-012-01
  • Parcel: FRAN M:263 L:027
  • Lot: 27
  • Municipality: FRANKLIN
  • Latitude: 42.0946
  • Longitude: -71.3751

    Address

  • Full Address: 20 Marthas Way
  • Address - House Number: 20
  • Address - Street Name: Marthas
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Franklin
  • Carrier Code: C005
  • 4-Digit Zip Code: 1294
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $698,800

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 656,266
  • High Value: 766,626
  • Low Value: 545,906

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $592,700
  • Assessed Land Value: $328,900
  • Assessed Improvements Value: $263,800

    Sales

  • Current Sale Recording Date: Feb 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16186
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72269725

Frequently Asked Questions

When was property at 20 Martha's Way built and last sold?
The property at 20 Martha's Way was built in 1992 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 20 Martha's Way is $440,930.
What are some comparable homes to 20 Martha's Way?
There are currently no comparable homes to 20 Martha's Way.
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