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Northampton 01060
38 Franklin Street
$675,000
● House - Off Market

38 Franklin Street

Northampton, MA 01060
bedrooms
5 Beds
bathrooms
4 Baths
square feet
4,046 Ft²
$1,422,931
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Elegantly colonial near Smith College. Meticulously maintained antique quality with wide floor boards, spacious rooms, and flexible floor plan   1st floor bedroom/sitting room suite, 2nd floor master with sitting room. Inviting 4-season sunroom overlooks an especially large, landscaped backyard.  4000 sq. ft., 4 full baths, 4-6 bedrooms,  fireplace and updated systems. 2nd floor master,  3rd floor Au pair apartment. (no separate egress) Remodeled, granite kitchen with cathedral ceiling. Sunny!
Unit Size
4,046 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$179
Property Type
House
Property Taxes
$814
HOA Dues
-
Year Built
2004

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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: 6 months ago (MLSPIN #71522756)

Price History

Date / Event Date Event Price
Oct 28, 2021 Sold
Premium
Sold
Sep 8, 2021 Listed by Delap Real Estate LLC $1,200,000
Listed by Delap Real Estate LLC
Feb 5, 2021 Sold
Premium
Sold
Oct 29, 2020 Listed by Delap Real Estate LLC $1,100,000
Listed by Delap Real Estate LLC
Jun 17, 2013 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,799
  • Total Building Area: 4,494
  • Gross Building Area: 4,494
  • Building Area: 4,494
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,494
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000684
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 821901

Zoning

  • Zoning: URB

Geography

  • Parcel: NHAM M:031A B:0023 L:0001
  • Block: 23
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3241
  • Longitude: -72.6443

    Address

  • Full Address: 38 Franklin St
  • Address - House Number: 38
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Northampton
  • Carrier Code: C006
  • 4-Digit Zip Code: 2069
  • Zip Code: 01060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,584,000

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,195,022
  • High Value: 1,398,821
  • Low Value: 991,223

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,000,000
  • Assessed Land Value: $327,000
  • Assessed Improvements Value: $673,000

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26944
  • Previous Sale Recording Date: Feb 05, 2021
  • Previous Sale Contract Date: Feb 04, 2021
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: O
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 Northampton

Stats & Trends

Median Asking:

$540,000

Sale Price/ft²

$340

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1906 ft²

Average Home Age

79.9 years

Currently For Sale

63 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: 6 months ago
Data Source: MLS PIN, MLS# 71522756

Frequently Asked Questions

When was property at 38 Franklin Street built and last sold?
The property at 38 Franklin Street was built in 2004 and last sold on Oct 28, 2021 for $1,193,826.
How much is this home worth?
The estimated value of the home located at 38 Franklin Street is $1,197,889.
What are some comparable homes to 38 Franklin Street?
There are currently no comparable homes to 38 Franklin Street.
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