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Franklin Town 02038
37 Southgate Road
Photo of 37 Southgate Road
Sold on Jul 18, 2006

1

Map

$325,000
● House - Off Market

37 Southgate Road

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,591 Ft²
$538,955
RealtyHop Estimate
68.48%
Since Aug 1, 2006
National-US
Primary Model

About This Property

GAMBREL CAPE IN DESIRABLE NEIGHBORHOOD.  3-4 BEDROOMS, FRONT TO BACK MASTER W/OVERSIZED CLOSET.  HARDWOOD FLOORS THROUGHOUT.  EAT IN KITCHEN, FORMAL DINING ROOM, & LIVING ROOM W/FIREPLACE.  ENJOY PICNICS ON THE DECK OVERLOOKING THE YARD. HOME IS IN NEED OF COSMETIC UPDATING, AND IS BEING SOLD "AS IS"
Unit Size
1,591 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$201
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1965

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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: 6 months ago (MLSPIN #70400161)

Price History

Date / Event Date Event Price
Sep 30, 2019 Sold
Premium
Sold
Jul 18, 2006 Sold
Premium
Sold
Jun 3, 2006 Listed $319,900
Listed

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,054
  • Total Building Area: 1,591
  • Gross Building Area: 2,754
  • Building Area: 1,591
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,591
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000506
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 116-063
  • Parcel: FRAN M:235 L:083
  • Lot: 83
  • Municipality: FRANKLIN
  • Latitude: 42.113
  • Longitude: -71.422

    Address

  • Full Address: 37 Southgate Rd
  • Address - House Number: 37
  • Address - Street Name: Southgate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C013
  • 4-Digit Zip Code: 2702
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $636,400

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 636,095
  • High Value: 737,967
  • Low Value: 534,222

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $539,800
  • Assessed Land Value: $244,300
  • Assessed Improvements Value: $295,500

    Sales

  • Current Sale Contract Date: Sep 23, 2019
  • Current Sale Recording Date: Sep 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88672
  • Previous Sale Recording Date: Jul 18, 2006
  • Previous Sale Amount: $325,000
  • 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

$333

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2020 ft²

Average Home Age

48.2 years

Currently For Sale

67 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: 6 months ago
Data Source: MLS PIN, MLS# 70400161

Frequently Asked Questions

When was property at 37 Southgate Road built and last sold?
The property at 37 Southgate Road was built in 1965 and last sold on Sep 23, 2019 for $412,000.
How much is this home worth?
The estimated value of the home located at 37 Southgate Road is $334,634.
What are some comparable homes to 37 Southgate Road?
There are currently no comparable homes to 37 Southgate Road.
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