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Franklin Town 02038
21 Mount St
$175,000
● House - Off Market

21 Mount St

Franklin, MA 02038
bedrooms
2 Beds
bathrooms
1 Bath
square feet
884 Ft²
$249,947
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

BOM, Here is your opportunity! Cute ranch set back on the scenic Mount St. with tons of potential.  Come add the finishing touches to this 2 bedroom, 1 bathroom ranch on over 1.5 acres!!  This is a great opportunity to pick your own finishes and truly make this your home. Seller never occupied. Neither seller or agent make any representations as to the accuracy of any information contained herein. Buyer/buyer agent must conduct their own due diligence, verifications and research & are relying solely on the results of same. Buyer responsible for final water, Title 5, smoke detectors, and CO certificate. SOLD AS-IS. CASH OR REHAB LOANS ONLY. Owner-occ & non-profits only considered during 20-day marketing period.
Unit Size
884 Ft²
Days on Market
-
Land Size
1.65 acres
Price per sqft
$209
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1979

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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 #72647415)

Price History

Date / Event Date Event Price
Aug 19, 2021 Sold
Premium
Sold
Jul 7, 2021 Listed by LAER Realty Partners $439,900
Listed by LAER Realty Partners
Sep 4, 2020 Sold
Premium
Sold
Apr 24, 2020 Listed by LAER Realty Partners $184,900
Listed by LAER Realty Partners
Oct 10, 2017 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,656
  • Total Building Area: 884
  • Gross Building Area: 1,888
  • Building Area: 884
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 884
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001645
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442201

Geography

  • Account Number: 26-018
  • Parcel: FRAN M:331 L:010
  • Lot: 10
  • Municipality: FRANKLIN
  • Latitude: 42.052
  • Longitude: -71.3832

    Address

  • Full Address: 21 Mount St
  • Address - House Number: 21
  • Address - Street Name: Mount
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C002
  • 4-Digit Zip Code: 2303
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $517,500

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 515,027
  • High Value: 598,737
  • Low Value: 431,317

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $438,900
  • Assessed Land Value: $259,800
  • Assessed Improvements Value: $179,100

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108235
  • Previous Sale Recording Date: Sep 04, 2020
  • Previous Sale Contract Date: Aug 18, 2020
  • Previous Sale Amount: $175,000
  • 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:

$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# 72647415

Frequently Asked Questions

When was property at 21 Mt Street built and last sold?
The property at 21 Mt Street was built in 1979 and last sold on Aug 19, 2021 for $460,000.
How much is this home worth?
The estimated value of the home located at 21 Mt Street is $449,472.
What are some comparable homes to 21 Mt Street?
There are currently no comparable homes to 21 Mt Street.
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