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Franklin Town 02038
406 Oak Street
$260,000
● House - Off Market

406 Oak Street

Franklin, MA 02038
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,400 Ft²
$596,438
RealtyHop Estimate
125.16%
Since Oct 1, 2003
National-US
Primary Model

About This Property

REFINED SPLIT ON PLEASANT LOT, NEUTRAL DECOR, MOVE RIGHT IN! QUALITY KITCHEN W/ BREAKFAST BAR, LRG "L-SHAPED" MASTER BDR FORMAL LIV RM, DIN RM, NICELY FINISHED FAM RM.  GARAGE. GREAT REAR YARD!  POSSIBLE 3RD BDR OR BATH IN LOWER LVL
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$189
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1968

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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: 4 years ago (MLSPIN #30725166)

Price History

Date / Event Date Event Price
Sep 30, 2003 Sold
Premium
Sold
May 22, 2003 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $264,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 920
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,400
  • Total Building Area: 1,000
  • Gross Building Area: 2,176
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000376
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 100-005
  • Parcel: FRAN M:252 L:009
  • Lot: 9
  • Municipality: FRANKLIN
  • Latitude: 42.1006
  • Longitude: -71.418

    Address

  • Full Address: 406 Oak St
  • Address - House Number: 406
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C012
  • 4-Digit Zip Code: 2894
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $541,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 2024
  • Final Value: 451,937
  • High Value: 80
  • Low Value: 624,300

    Open Liens

  • Total Open Liens:
    Premium
  • Total Open Liens Amount:
    Premium
  • First Open Lien Mortgage Recording Date:
    Premium
  • First Open Lien Mortgage Financing Type:
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  • First Open Lien Mortgage Term:
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  • First Open Lien Mortgage Private Lender:
    Premium
  • Second Open Lien Mortgage Recording Date:
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  • Second Open Lien Mortgage Financing Type:
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  • Second Open Lien Mortgage Private Lender:
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  • Third Open Lien Mortgage Recording Date:
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  • Third Open Lien Mortgage Financing Type:
    Premium
  • Third Open Lien Mortgage Private Lender:
    Premium
  • Fourth Open Lien Mortgage Recording Date:
    Premium
  • Fourth Open Lien Mortgage Financing Type:
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  • Fourth Open Lien Mortgage Position:
    Premium
  • Fourth Open Lien Mortgage Private Lender:
    Premium

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $458,900
  • Assessed Land Value: $236,800
  • Assessed Improvements Value: $222,100

    Sales

  • Current Sale Contract Date: Jan 01, 1970
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 26
  • Current Sale Input Document Number: |19953
  • Previous Sale Document Type: 0

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Financing Type:
    Premium
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: 4 years ago
Data Source: MLS PIN, MLS# 30725166

Frequently Asked Questions

When was property at 406 Oak Street built and last sold?
The property at 406 Oak Street was built in 1968 and last sold on Jan 1, 1970 for $14.
How much is this home worth?
The estimated value of the home located at 406 Oak Street is $0.
What are some comparable homes to 406 Oak Street?
There are currently no comparable homes to 406 Oak Street.
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