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Franklin Town 02038
401 Oak St
$315,000
● House - Off Market

401 Oak St

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,344 Ft²
$453,820
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Showings start immediately on this 3 bedroom, 1.5 Cape Style home.  Sunsplashed sun porch with many windows overlooks the tree lined back yard.  This home has an open floor plan with breakfast bar between the eat in kitchen and dining room.  Fireplaced living room for those cold winter nights.  The 3rd bedroom is on the main level along with a half bath.  The 2nd floor has two front to back bedrooms along with a full bathroom.  The basement has a workshop area that will stay and a finished room.  Great price on this Franklin home in the Oak Street school district.  Schedule a showing or come by the open house on Saturday from 1:30 - 3:00 PM. ***highest and best offer due Saturday the 14th by 6 PM ****  Range priced $300K-$350K
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$223
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1957

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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 #72359717)

Price History

Date / Event Date Event Price
Aug 23, 2018 Sold
Premium
Sold
Jul 11, 2018 Listed by Keller Williams Realty $300,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,512
  • Total Building Area: 1,344
  • Gross Building Area: 2,870
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 91-081
  • Parcel: FRAN M:252 L:099
  • Lot: 99
  • Municipality: FRANKLIN
  • Latitude: 42.1003
  • Longitude: -71.4169

    Address

  • Full Address: 401 Oak St
  • Address - House Number: 401
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C012
  • 4-Digit Zip Code: 4300
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $574,800

    Appraisal Valuation

  • Standard Deviation: 0.1835
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 551,027
  • High Value: 652,180
  • Low Value: 449,874

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $487,500
  • Assessed Land Value: $236,600
  • Assessed Improvements Value: $250,900

    Sales

  • Current Sale Recording Date: Aug 23, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75112
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

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2076 ft²

Average Home Age

52.3 years

Currently For Sale

47 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: 4 months ago
Data Source: MLS PIN, MLS# 72359717

Frequently Asked Questions

When was property at 401 Oak Street built and last sold?
The property at 401 Oak Street was built in 1957 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 401 Oak Street is $312,405.
What are some comparable homes to 401 Oak Street?
There are currently no comparable homes to 401 Oak Street.
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