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Franklin Town 02038
224 Pond St
$540,000
● House - Off Market

224 Pond St

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$568,548
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Great 4-bedroom Gambrel colonial with fenced in open backyard, Great for entertaining! Home features a kitchen with granite island and counter tops that opens to the dining room, fireplace Livingroom and a 1st floor bedroom or office.  Massive king-size main bedroom on second floor and 2 more good sized bedrooms. Updates include Newer vinyl replacement window, screened in porch(2021), AC(2020)Gutters(2020)Shower(2019). 2 full bathrooms, Central Air and finished room in basement. Close to major highways, shopping and much more.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$275
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1983

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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 #72998314)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jun 15, 2022 Listed by LAER Realty Partners $549,900
Listed by LAER Realty Partners
Apr 30, 2019 Sold
Premium
Sold
Feb 14, 2019 Listed by LAER Realty Partners $409,900
Listed by LAER Realty Partners
Oct 25, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,548
  • Total Building Area: 1,685
  • Gross Building Area: 2,768
  • Building Area: 1,685
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,685
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000587
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 90-042
  • Parcel: FRAN M:258 L:028
  • Lot: 28
  • Municipality: FRANKLIN
  • Latitude: 42.0983
  • Longitude: -71.4278

    Address

  • Full Address: 224 Pond St
  • Address - House Number: 224
  • Address - Street Name: Pond
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C015
  • 4-Digit Zip Code: 3811
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $605,900

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 605,634
  • High Value: 711,665
  • Low Value: 499,604

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $513,900
  • Assessed Land Value: $245,100
  • Assessed Improvements Value: $268,800

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 77788
  • Previous Sale Recording Date: Apr 30, 2019
  • Previous Sale Contract Date: Apr 16, 2019
  • Previous Sale Amount: $413,000
  • 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# 72998314

Frequently Asked Questions

When was property at 224 Pond Street built and last sold?
The property at 224 Pond Street was built in 1983 and last sold on Aug 31, 2022 for $540,000.
How much is this home worth?
The estimated value of the home located at 224 Pond Street is $555,038.
What are some comparable homes to 224 Pond Street?
There are currently no comparable homes to 224 Pond Street.
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