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Franklin
261 Main St
$275,000
● House - Off Market

261 Main St

Ashfield, MA 01330
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,718 Ft²
$258,478
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Update: highest and best offers due Tuesday, June 14th by Noon.   This home has space for everyone! This old-style home has 4 bedrooms, plus an extra room on the first floor for whatever you wish. A large living room with a wood stove, dining room with built-ins, entry way, 1/2 bath and kitchen complete the first floor. Upstairs is a full bath and bedrooms, one having access to a large covered porch overlooking the yard and street. Situated on a corner lot this home is in walking distance to Ashfield Lake and village shops. Updates include a new oil tank, fresh paint inside and out, and updated electrical. Home is on Town water/sewer. Property is being sold as-is. See Attached documents.
Unit Size
1,718 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$146
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1890

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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: 4 months ago (MLSPIN #72995440)

Price History

Date / Event Date Event Price
Aug 25, 2022 Sold
Premium
Sold
Jun 9, 2022 Listed by Dahna Virgilio Real Estate, Inc. $250,000
Listed by Dahna Virgilio Real Estate, Inc.
Dec 7, 1984 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 877
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,492
  • Total Building Area: 1,718
  • Gross Building Area: 3,321
  • Building Area: 1,718
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,718
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000700
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mohawk Trail School District
  • Census Tract: 041501

Geography

  • Parcel: ASHF M:07-2 B:0000 L:7
  • Lot: 7
  • Municipality: ASHFIELD
  • Latitude: 42.5275
  • Longitude: -72.797

    Address

  • Full Address: 261 Main St
  • Address - House Number: 261
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ashfield
  • Zip Code: 01330

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $345,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1457
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 297,798
  • High Value: 341,188
  • Low Value: 254,407

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,900
  • Assessed Land Value: $58,400
  • Assessed Improvements Value: $137,500

    Sales

  • Current Sale Contract Date: Aug 25, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9549
  • Previous Sale Recording Date: Dec 07, 1984
  • Previous Sale Amount: $56,000
  • Previous Sale Document Type: 27
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

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2189 ft²

Average Home Age

99.6 years

Currently For Sale

152 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: 4 months ago
Data Source: MLS PIN, MLS# 72995440

Frequently Asked Questions

When was property at 261 Main Street built and last sold?
The property at 261 Main Street was built in 1890 and last sold on Aug 25, 2022 for $275,000.
How much is this home worth?
The estimated value of the home located at 261 Main Street is $259,915.
What are some comparable homes to 261 Main Street?
There are currently no comparable homes to 261 Main Street.
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