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Franklin Town 02038
31 Philomena Way
$535,000
● House - Off Market

31 Philomena Way

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,607 Ft²
$958,790
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Simply Beautiful, Gracious Colonial in desirable Padden Estates!  Excellent neighborhood location close to nearby stores and highway. The perfect, inviting eat-in Kitchen  featuring new Cabinets, Granite Countertops, Tile Backsplash, under Cabinet Lighting and Stainless Steel Appliances.  Home features a lovely Formal Dining Room, Living Room and Family Room with Fireplace.  All Baths have been remodeled and include heated porcelain Tile Floors and Tile Shower in the Master Bathroom.  Master Bedroom includes two large walk-in closets and en suite.  Gleaming Hardwood Floors throughout the first and second floors, nicely finished Basement area, Central A/C , Alarm System and oversized Deck overlooking the serene backyard complete the picture!  Come to the Open House this Sunday, May 31 from 1-3pm!
Unit Size
2,607 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$207
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1998

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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 #71844978)

Price History

Date / Event Date Event Price
Jul 24, 2015 Sold
Premium
Sold
May 27, 2015 Listed by Century 21 Commonwealth $539,900
Listed by Century 21 Commonwealth
Jun 20, 2005 Sold
Premium
Sold
Mar 15, 2005 Listed by Century 21 Commonwealth $499,900
Listed by Century 21 Commonwealth

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,125
  • Total Building Area: 1,743
  • Gross Building Area: 3,423
  • Building Area: 1,743
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,743
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PADDEN ESTATES
  • Land Acres: 0000000462
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442101

Geography

  • Account Number: 85-067
  • Parcel: FRAN M:261 L:115
  • Lot: 115
  • Municipality: FRANKLIN
  • Latitude: 42.095
  • Longitude: -71.3903

    Address

  • Full Address: 31 Philomena Way
  • Address - House Number: 31
  • Address - Street Name: Philomena
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Franklin
  • Carrier Code: C008
  • 4-Digit Zip Code: 3641
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $755,300

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 769,406
  • High Value: 898,779
  • Low Value: 640,033

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $640,600
  • Assessed Land Value: $327,000
  • Assessed Improvements Value: $313,600

    Sales

  • Current Sale Recording Date: Jul 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70528
  • Previous Sale Recording Date: Jun 20, 2005
  • Previous Sale Amount: $490,000
  • 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:

$695,000

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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71844978

Frequently Asked Questions

When was property at 31 Philomena Way built and last sold?
The property at 31 Philomena Way was built in 1998 and last sold on Jan 1, 1970 for $535,000.
How much is this home worth?
The estimated value of the home located at 31 Philomena Way is $563,947.
What are some comparable homes to 31 Philomena Way?
There are currently no comparable homes to 31 Philomena Way.
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