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Franklin Town 02038
237 King Street
$323,500
● House - Off Market

237 King Street

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,296 Ft²
$483,630
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Diamond in the rough !  Being sold "AS IS"    This cute cape has so much potential - needs some TLC to restore its original charm !   Many great features including wood    floors, a great sized yard, and a bonus Huge  4+ car garage that can be useful in so many ways. Town Water/Town Sewer.  Close to  Rt. 495, great schools, shopping and all that Franklin has to offer.         Buyers and buyers agents to verify all information.        Don't wait !   This one will not last long !!
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$254
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #72494635)

Price History

Date / Event Date Event Price
Jan 17, 2024 Sold
Premium
Sold
Jun 28, 2019 Sold
Premium
Sold
May 6, 2019 Listed by Real Living Realty Group $329,000
Listed by Real Living Realty Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,901
  • Total Building Area: 1,296
  • Gross Building Area: 4,141
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000434
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 49-054
  • Parcel: FRAN M:297 L:195
  • Lot: 195
  • Municipality: FRANKLIN
  • Latitude: 42.0728
  • Longitude: -71.3939

    Address

  • Full Address: 237 King St
  • Address - House Number: 237
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C002
  • 4-Digit Zip Code: 2307
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $524,200

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 541,809
  • High Value: 628,582
  • Low Value: 455,037

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $444,600
  • Assessed Land Value: $243,500
  • Assessed Improvements Value: $201,100

    Sales

  • Current Sale Contract Date: Jan 17, 2024
  • Current Sale Recording Date: Jan 17, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3090
  • Previous Sale Recording Date: Jun 28, 2019
  • Previous Sale Contract Date: Jun 25, 2019
  • Previous Sale Amount: $323,500
  • 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

$335

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2043 ft²

Average Home Age

46 years

Currently For Sale

56 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# 72494635

Frequently Asked Questions

When was property at 237 King Street built and last sold?
The property at 237 King Street was built in 1955 and last sold on Jan 17, 2024 for $391,300.
How much is this home worth?
The estimated value of the home located at 237 King Street is $336,551.
What are some comparable homes to 237 King Street?
There are currently no comparable homes to 237 King Street.
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