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Franklin Town 02038
264 Chestnut St.
$305,000
● House - Off Market

264 Chestnut St.

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$702,339
RealtyHop Estimate
126.63%
Since Sep 1, 2003
National-US
Primary Model

About This Property

YOUNGER CAPE WITH LOTS OF ROOM TO GROW!FRONT TO BACK MASTER, DR WITH HARDWOOD, FRESHLY PAINTED INSIDE, CABINET PACKED KITCHEN.CLOSE TO  495 AND "T".NEEDS SOME TLC.GREAT VALUE IN FRANKLIN!!$1500 BACK AT CLOSING TOWARDS NEW CARPETS/FLOORING
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$179
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1986

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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 years ago (MLSPIN #30719218)

Price History

Date / Event Date Event Price
Aug 13, 2003 Sold
Premium
Sold
May 8, 2003 Listed by Marc Cohen Real Estate $309,900
Listed by Marc Cohen Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,229
  • Total Building Area: 1,685
  • Gross Building Area: 3,336
  • Building Area: 1,685
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,685
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000464
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442203

Geography

  • Account Number: 76-056
  • Parcel: FRAN M:280 L:059
  • Lot: 59
  • Municipality: FRANKLIN
  • Latitude: 42.0875
  • Longitude: -71.3814

    Address

  • Full Address: 264 Chestnut St
  • Address - House Number: 264
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C005
  • 4-Digit Zip Code: 1200
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $613,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 604,420
  • High Value: 701,220
  • Low Value: 507,620

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $520,000
  • Assessed Land Value: $243,800
  • Assessed Improvements Value: $276,200

    Sales

  • Current Sale Recording Date: Aug 13, 2003
  • Current Sale Price:
    Premium
  • Current 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 Town

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$338

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2096 ft²

Average Home Age

52.8 years

Currently For Sale

43 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 years ago
Data Source: MLS PIN, MLS# 30719218

Frequently Asked Questions

When was property at 264 Chestnut Street built and last sold?
The property at 264 Chestnut Street was built in 1986 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 264 Chestnut Street is $0.
What are some comparable homes to 264 Chestnut Street?
There are currently no comparable homes to 264 Chestnut Street.
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