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Franklin Town 02038
28 Parliament Dr
$496,000
● House - Off Market

28 Parliament Dr

Franklin, MA 02038
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,232 Ft²
$2,899
Est. Monthly

About This Property

MOVE RIGHT IN!! Whether you are looking for your first home...or downsizing this property has all you need! The hardwood floors are gleaming, the massive family room with a slider to the deck is open to the kitchen and will be a great holiday party place!! The original bathroom was turned into a laundry room and the 3rd bedroom was converted to a massive full bathroom! There is so much to love about this home and it will not last! see it today! Only owner occupant offers in the first 20 days on market, investors may send offers after 10/23.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$406
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1959

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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: 6 months ago (MLSPIN #73298222)

Price History

Date / Event Date Event Price
Jan 28, 2025 Sold
Premium
Sold
Dec 3, 2024 In contract -
In contract
Nov 25, 2024 Price Decreased $499,900
↓ $20K (3.9%)
Price Decreased
Oct 30, 2024 Price Increased $519,900
↑ $20K (4%)
Price Increased
Oct 3, 2024 Listed by Lisboa Realty $499,900
Listed by Lisboa Realty
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 912
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,232
  • Gross Building Area: 2,384
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442104

Geography

  • Account Number: 115-127
  • Parcel: FRAN M:236 L:135
  • Lot: 135
  • Municipality: FRANKLIN
  • Latitude: 42.1144
  • Longitude: -71.4266

    Address

  • Full Address: 28 Parliament Dr
  • Address - House Number: 28
  • Address - Street Name: Parliament
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C013
  • 4-Digit Zip Code: 2743
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $532,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 549,048
  • High Value: 636,724
  • Low Value: 461,371

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $452,000
  • Assessed Land Value: $242,500
  • Assessed Improvements Value: $209,500

    Sales

  • Current Sale Recording Date: Jul 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 63706
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

$331

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2088 ft²

Average Home Age

48 years

Currently For Sale

67 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: 6 months ago
Data Source: MLS PIN, MLS# 73298222

Frequently Asked Questions

When was property at 28 Parliament Drive built and last sold?
The property at 28 Parliament Drive was built in 1959 and last sold on Jan 1, 1970 for $298,320.
How much is this home worth?
The estimated value of the home located at 28 Parliament Drive is $500,247.
What are some comparable homes to 28 Parliament Drive?
There are currently no comparable homes to 28 Parliament Drive.
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