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Plymouth
24 Franklin Rd
$440,000
● House - Off Market

24 Franklin Rd

Norwell, MA 02061
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,710 Ft²
$721,685
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Amazing value in Norwell! This beautiful cape style home is a commuters dream. Nestled in a quiet neighborhood your future home features an updated kitchen,baths, windows, central air, and finished basement. The kitchen includes gas cooking,breakfast nook, and has an open floor plan that leads into the spacious family room addition. Three generous sized bedrooms including first floor master, beautiful hard wood floors, and tons of storage! Living room has white washed brick with cozy fireplace and dining room features custom details with built in hutch.Finished basement beautifully done with work out nook, lounge space, and laundry. Back yard features relaxing deck, patio area, and storage shed. Prime location and highly desired neighborhood. Wont Last! Showings to begin at open house Sat. 8/1 from 12-2pm.
Unit Size
1,710 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$243
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1953

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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 #71881408)

Price History

Date / Event Date Event Price
Sep 15, 2015 Sold
Premium
Sold
Jul 30, 2015 Listed by Waterfront Realty Group $415,000
Listed by Waterfront Realty Group
May 30, 2012 Sold
Premium
Sold
Oct 1, 2011 Listed by Waterfront Realty Group $409,900
Listed by Waterfront Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,600
  • Total Building Area: 1,692
  • Gross Building Area: 3,238
  • Building Area: 1,692
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwell School District
  • School Tax School District: NORWELL SD
  • Census Tract: 504101

Geography

  • Account Number: 5D
  • District: 219
  • Parcel: NORW M:21 L:185
  • Lot: 185
  • Municipality: NORWELL
  • Latitude: 42.1728
  • Longitude: -70.8737

    Address

  • Full Address: 24 Franklin Rd
  • Address - House Number: 24
  • Address - Street Name: Franklin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwell
  • Carrier Code: R002
  • 4-Digit Zip Code: 1541
  • Zip Code: 02061

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $758,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1664
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 678,574
  • High Value: 791,533
  • Low Value: 565,615

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $563,300
  • Assessed Land Value: $293,300
  • Assessed Improvements Value: $270,000

    Sales

  • Current Sale Recording Date: Sep 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76052
  • Previous Sale Recording Date: May 30, 2012
  • Previous Sale Amount: $405,000
  • 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 Plymouth

Stats & Trends

Median Asking:

$656,000

Sale Price/ft²

$371

Above Asking

0.17%

Average Days on Market

59

Average Home Size

2332 ft²

Average Home Age

57.6 years

Currently For Sale

1242 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# 71881408

Frequently Asked Questions

When was property at 24 Franklin Road built and last sold?
The property at 24 Franklin Road was built in 1953 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 24 Franklin Road is $432,101.
What are some comparable homes to 24 Franklin Road?
There are currently no comparable homes to 24 Franklin Road.
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