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Franklin Town 02038
3 Downingwood Dr
$448,000
● House - Off Market

3 Downingwood Dr

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,452 Ft²
$902,629
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Walk to JFK.  Large, executive colonial, prof landscaped yard, custom cabinet kitchen, Staron counter tops, large formal living room ideal for piano, large dining room. Family room & kitchen sliders to deck overlooking private back yard.  Master suite with walk-up 3rd floor attic access. Replacement doors & sliders, roof approx 7 yrs old. Bath fixtures refreshed. Whole house fan. See www.3Downingwood.com.
Unit Size
2,452 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$188
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1984

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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: 5 months ago (MLSPIN #71463135)

Price History

Date / Event Date Event Price
Aug 24, 2021 Sold
Premium
Sold
Jul 12, 2021 Listed by Hallmark Sotheby's International Realty $600,000
Listed by Hallmark Sotheby's International Realty
Jun 21, 2013 Sold
Premium
Sold
Dec 6, 2012 Listed by Hallmark Sotheby's International Realty $459,900
Listed by Hallmark Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,260
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,008
  • Total Building Area: 2,481
  • Gross Building Area: 5,179
  • Building Area: 2,481
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,481
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 108-037
  • Parcel: FRAN M:241 L:099
  • Lot: 99
  • Municipality: FRANKLIN
  • Latitude: 42.1091
  • Longitude: -71.4143

    Address

  • Full Address: 3 Downingwood Dr
  • Address - House Number: 3
  • Address - Street Name: Downingwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C013
  • 4-Digit Zip Code: 2767
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $868,800

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 819,633
  • High Value: 958,355
  • Low Value: 680,910

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $736,900
  • Assessed Land Value: $331,100
  • Assessed Improvements Value: $405,800

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 109976
  • Previous Sale Recording Date: Jun 21, 2013
  • Previous Sale Amount: $448,000
  • 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:

$692,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2053 ft²

Average Home Age

47.1 years

Currently For Sale

57 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# 71463135

Frequently Asked Questions

When was property at 3 Downingwood Drive built and last sold?
The property at 3 Downingwood Drive was built in 1984 and last sold on Aug 24, 2021 for $677,300.
How much is this home worth?
The estimated value of the home located at 3 Downingwood Drive is $612,669.
What are some comparable homes to 3 Downingwood Drive?
There are currently no comparable homes to 3 Downingwood Drive.
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