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Franklin Town 02038
3 Parliament Dr
Photo of 3 Parliament Dr

41

Map

Photo of 3 Parliament Dr
Photo of 3 Parliament Dr
$600,000
● House - In Contract

3 Parliament Dr

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,736 Ft²
$3,451
Est. Monthly

About This Property

Updates complete! Freshly painted interior and exterior, new carpets in bedrooms and basement, new lighting, cleared and reseeded back yard, new back egress, SAME PRICE!! Vacant and easy to show! Excellent 4 BR 2 BA ranch in sought after Franklin neighborhood in Kennedy School District. Enjoy single level living and a spacious back yard.Central Air... A lovely kitchen with stainless steel appliances, an abundance of cabinetry and dining area. Curl up in the living room with fireplace on wintry nights. Spacious main bedroom with walk-in closet and full bath. Three additional good size bedrooms and another full bath round out the living area. Great commuter location close to 495 and Franklin Village for shopping / dining. Schedule your showing today!
Unit Size
1,736 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$346
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1961

Listed By

Robert O'Donnell
RE/MAX Real Estate Center

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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: 20 days ago (MLSPIN #73556744)

Price History

Date / Event Date Event Price
Oct 1, 2026 In contract -
In contract
Sep 22, 2026 Relisted $599,900
Relisted
Sep 11, 2026 Withdrawn -
Withdrawn
Aug 6, 2026 Price Increased $600,000
↑ $100 (0%)
Price Increased
Jul 29, 2026 Listed by Real Broker MA, LLC $599,900
Listed by Real Broker MA, LLC
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Paved, Off Street, Paved
Open Parking Spaces: 4
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Full, Partially Finished
Exterior Details
Square Footage: 1736
Square Footage Source: $0
Architectural Style: Ranch
Year Built Source: Public Records
Year Built: 1961
Building Area Total: 1736
Building Area Units: Square Feet
Patio and Porch Features: Patio
Lot Size Area: 0.34
Lot Size Units: Acres
Lot Size Acres: 0.34
Lot Size Square Feet: 15002
Water Source: Public
Financial Details
Tax Assessed Value: $529,500
Tax Annual Amount: $6,047
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,216
  • Gross Building Area: 2,586
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY COLONY VILLAGE CONDO PH IV
  • 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: 115-112
  • Parcel: FRAN M:236 L:111
  • Lot: 111
  • Municipality: FRANKLIN
  • Latitude: 42.1114
  • Longitude: -71.4251

    Address

  • Full Address: 3 Parliament Dr
  • Address - House Number: 3
  • Address - Street Name: Parliament
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C013
  • 4-Digit Zip Code: 2722
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $540,300

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 550,744
  • High Value: 638,947
  • Low Value: 462,540

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $458,300
  • Assessed Land Value: $242,500
  • Assessed Improvements Value: $215,800

    Sales

  • Current Sale Recording Date: Dec 21, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 155124
  • Previous Sale Recording Date: Jul 24, 2006
  • Previous Sale Amount: $269,619
  • Previous Sale Document Type: 34
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:

$689,450

Sale Price/ft²

$335

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2061 ft²

Average Home Age

47 years

Currently For Sale

54 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: 20 days ago
Data Source: MLS PIN, MLS# 73556744

Frequently Asked Questions

When was property at 3 Parliament Drive built and last sold?
The property at 3 Parliament Drive was built in 1961 and last sold on Jan 1, 1970 for $263,000.
How much is this home worth?
The estimated value of the home located at 3 Parliament Drive is $587,951.
What are some comparable homes to 3 Parliament Drive?
There are currently no comparable homes to 3 Parliament Drive.
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