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Franklin Town 02038
31 Charles Dr.
$407,000
● House - Off Market

31 Charles Dr.

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,677 Ft²
$807,932
RealtyHop Estimate
101.98%
Since Aug 1, 2004
National-US
Primary Model

About This Property

A great place to call home! Private yard for summer enjoyment. Open floor plan with lots of hardwood, oak cabinet kitchen with pantry.  Master bath, walkin closets in all the bedrooms and 700 additional finished square ft in the basement. Open House Sunday 6/13/04 1-3 pm.
Unit Size
1,677 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$239
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1996

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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: 4 months ago (MLSPIN #70046796)

Price History

Date / Event Date Event Price
Jul 26, 2004 Sold
Premium
Sold
Jun 8, 2004 Listed by Coldwell Banker Residential Brokerage - Franklin $400,000
Listed by Coldwell Banker Residential Brokerage - Franklin
Jun 27, 2002 Sold
Premium
Sold
Apr 2, 2002 Listed by Coldwell Banker Residential Brokerage - Franklin $339,900
Listed by Coldwell Banker Residential Brokerage - Franklin

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 727
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,432
  • Total Building Area: 1,608
  • Gross Building Area: 3,404
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKLIN
  • Land Acres: 0000000607
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442103

Geography

  • Account Number: 132-031-01
  • Parcel: FRAN M:215 L:096
  • Lot: 96
  • Municipality: FRANKLIN
  • Latitude: 42.1272
  • Longitude: -71.3916

    Address

  • Full Address: 31 Charles Dr
  • Address - House Number: 31
  • Address - Street Name: Charles
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C009
  • 4-Digit Zip Code: 1030
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $742,700

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 672,102
  • High Value: 779,741
  • Low Value: 564,462

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $629,900
  • Assessed Land Value: $330,000
  • Assessed Improvements Value: $299,900

    Sales

  • Current Sale Recording Date: Jul 26, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 27, 2002
  • Previous Sale Amount: $335,000
  • 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

51

Average Home Size

2076 ft²

Average Home Age

51.3 years

Currently For Sale

42 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# 70046796

Frequently Asked Questions

When was property at 31 Charles Drive built and last sold?
The property at 31 Charles Drive was built in 1996 and last sold on Jan 1, 1970 for $407,000.
How much is this home worth?
The estimated value of the home located at 31 Charles Drive is $411,153.
What are some comparable homes to 31 Charles Drive?
There are currently no comparable homes to 31 Charles Drive.
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