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Franklin Town 02038
3 Florence St
Photo of 3 Florence St
Sold on Jul 29, 2005

1

Map

$385,000
● House - Off Market

3 Florence St

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,906 Ft²
$670,893
RealtyHop Estimate
76.60%
Since Aug 1, 2005
National-US
Primary Model

About This Property

This is a spacious cape tucked into almost an acre of woods.  Large 2 car garage attached to this 20 year old home.  Sliders and skylights bring the outdoors in.  Additional living area is located in the finished basement room.  Other features include some recessed lighting, newer kitchen stove, new carpeting, hardwood flooring, and a storage shed.  Come see this terrific home!
Unit Size
1,906 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$199
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1985

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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 #70199062)

Price History

Date / Event Date Event Price
Jul 28, 2005 Sold
Premium
Sold
May 27, 2005 Listed $379,900
Listed
Jun 30, 1995 Sold
Premium
Sold
May 3, 1995 Listed $182,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 936
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,500
  • Total Building Area: 1,846
  • Gross Building Area: 4,196
  • Building Area: 1,846
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,846
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000907
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 34-023
  • Parcel: FRAN M:318 L:004
  • Lot: 4
  • Municipality: FRANKLIN
  • Latitude: 42.0597
  • Longitude: -71.3836

    Address

  • Full Address: 3 Florence St
  • Address - House Number: 3
  • Address - Street Name: Florence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C002
  • 4-Digit Zip Code: 3508
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $608,400

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 620,413
  • High Value: 719,774
  • Low Value: 521,052

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $516,000
  • Assessed Land Value: $248,700
  • Assessed Improvements Value: $267,300

    Sales

  • Current Sale Recording Date: Jul 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 144948
  • Previous Sale Recording Date: Jun 30, 1995
  • Previous Sale Amount: $180,000
  • 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 Town

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$337

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2071 ft²

Average Home Age

50.8 years

Currently For Sale

46 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70199062

Frequently Asked Questions

When was property at 3 Florence Street built and last sold?
The property at 3 Florence Street was built in 1985 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 3 Florence Street is $398,261.
What are some comparable homes to 3 Florence Street?
There are currently no comparable homes to 3 Florence Street.
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