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Franklin Town 02038
39 Elm St.
$185,000
● House - Off Market

39 Elm St.

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,052 Ft²
$397,376
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

CONTRACTORS TAKE NOTE!   This vintage 1870 Colonial containing over 2,000 sf of living space, is listed for the price if the land.   It proudly sits above the country road, picturesquely situated on a near acre tree-lined lot.  Once a stagecoach stop, this unique antique has been updated with maintenance-free vinyl siding, circuit breakers, and a new heating boiler. Bring your imagination and architect to restore this house with a history, or to build something new on a beautiful lot in desirable Franklin..
Unit Size
2,052 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$122
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
2019

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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 #72164554)

Price History

Date / Event Date Event Price
Dec 22, 2017 Sold
Premium
Sold
Oct 31, 2017 Sold
Premium
Sold
May 15, 2017 Listed by ERA Key Realty Services $249,999
Listed by ERA Key Realty Services

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 2,360
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,040
  • Total Building Area: 4,648
  • Gross Building Area: 8,836
  • Building Area: 4,648
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,648
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000919
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 138-069
  • Parcel: FRAN M:214 L:108
  • Lot: 108
  • Municipality: FRANKLIN
  • Latitude: 42.128
  • Longitude: -71.4071

    Address

  • Full Address: 39 Elm St
  • Address - House Number: 39
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: R007
  • 4-Digit Zip Code: 1507
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,277,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1257
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 86
  • Final Value: 1,297,018
  • High Value: 1,460,138
  • Low Value: 1,133,899

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,083,700
  • Assessed Land Value: $333,400
  • Assessed Improvements Value: $750,300

    Sales

  • Current Sale Recording Date: Dec 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 122533
  • Previous Sale Recording Date: Oct 31, 2017
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

52

Average Home Size

2071 ft²

Average Home Age

50.8 years

Currently For Sale

46 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72164554

Frequently Asked Questions

When was property at 39 Elm Street built and last sold?
The property at 39 Elm Street was built in 2019 and last sold on Jan 1, 1970 for $207,500.
How much is this home worth?
The estimated value of the home located at 39 Elm Street is $270,759.
What are some comparable homes to 39 Elm Street?
There are currently no comparable homes to 39 Elm Street.
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