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Franklin Town 02038
267 Chestnut St
$225,000
● House - Off Market

267 Chestnut St

Franklin, MA 02038
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,051 Ft²
$411,940
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

New Price and priced to sell.  Open House Saturday 4, 18th, 12 to 2.  One of the best values in the Town of Franklin!  Updated and spacious ranch in convenient commuter location.  Features include updated kitchen and bath, hardwood floors in both oversized bedrooms, detached garage, large and flat backyard, new energy efficient gas heating system and three year old septic system. Minutes to route 495 and the Franklin/Boston commuter rail station.
Unit Size
1,051 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$219
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1949

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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 #71785166)

Price History

Date / Event Date Event Price
Nov 30, 2017 Sold
Premium
Sold
May 22, 2015 Sold
Premium
Sold
Jan 18, 2015 Listed by William Raveis Prime $229,990
Listed by William Raveis Prime

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 378
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,090
  • Total Building Area: 1,051
  • Gross Building Area: 1,723
  • Building Area: 1,051
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,051
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001104
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 76-041
  • Parcel: FRAN M:267 L:036
  • Lot: 36
  • Municipality: FRANKLIN
  • Latitude: 42.0881
  • Longitude: -71.3815

    Address

  • Full Address: 267 Chestnut St
  • Address - House Number: 267
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C005
  • 4-Digit Zip Code: 1252
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $493,300

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 483,781
  • High Value: 565,738
  • Low Value: 401,823

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $418,400
  • Assessed Land Value: $251,300
  • Assessed Improvements Value: $167,100

    Sales

  • Current Sale Contract Date: Nov 30, 2017
  • Current Sale Recording Date: Nov 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 1391344
  • Previous Sale Recording Date: May 22, 2015
  • Previous Sale Amount: $225,000
  • 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

$335

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2022 ft²

Average Home Age

45.5 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71785166

Frequently Asked Questions

When was property at 267 Chestnut Street built and last sold?
The property at 267 Chestnut Street was built in 1949 and last sold on Nov 30, 2017 for $260,000.
How much is this home worth?
The estimated value of the home located at 267 Chestnut Street is $237,775.
What are some comparable homes to 267 Chestnut Street?
There are currently no comparable homes to 267 Chestnut Street.
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