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Franklin Town 02038
22 Parliament Drive
$326,000
● House - Off Market

22 Parliament Drive

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,160 Ft²
$521,770
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Welcome to 22 Parliament Drive, Franklin, MA. Meticulously maintained home with lots of perks. Convenient location close to shopping & highway, in a neighborhood setting with sidewalks and a short walk to Kennedy Elementary School. Hardwood floors throughout 1st floor (and under carpet), updated oak kitchen, gas cooking, newer windows, roof 5-6 years old, no maintenance vinyl siding, New heating system and central air conditioning installed 7 years ago, updated bathroom, generator hookup with generator included, large flat back yard with storage shed. Great Schools. Voted one of Massachusetts safest towns. This is the one you've been waiting for. Won't last.
Unit Size
1,160 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$280
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1960

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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: 5 months ago (MLSPIN #72152802)

Price History

Date / Event Date Event Price
Jun 23, 2017 Sold
Premium
Sold
Apr 26, 2017 Listed by RE/MAX Executive Realty $325,000
Listed by RE/MAX Executive Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 960
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 960
  • Gross Building Area: 2,224
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 115-124
  • Parcel: FRAN M:236 L:132
  • Lot: 132
  • Municipality: FRANKLIN
  • Latitude: 42.1136
  • Longitude: -71.4263

    Address

  • Full Address: 22 Parliament Dr
  • Address - House Number: 22
  • Address - Street Name: Parliament
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C013
  • 4-Digit Zip Code: 2743
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $558,300

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 528,616
  • High Value: 622,777
  • Low Value: 434,454

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $473,500
  • Assessed Land Value: $242,500
  • Assessed Improvements Value: $231,000

    Sales

  • Current Sale Recording Date: Jun 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56153

    Financing

  • First Mortgage Financing Type: UNK
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:

$697,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2059 ft²

Average Home Age

48.3 years

Currently For Sale

68 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72152802

Frequently Asked Questions

When was property at 22 Parliament Drive built and last sold?
The property at 22 Parliament Drive was built in 1960 and last sold on Jan 1, 1970 for $326,000.
How much is this home worth?
The estimated value of the home located at 22 Parliament Drive is $333,006.
What are some comparable homes to 22 Parliament Drive?
There are currently no comparable homes to 22 Parliament Drive.
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