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Franklin Town 02038
41 Forest Street
$325,000
● House - Off Market

41 Forest Street

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,578 Ft²
$602,989
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

Motivated Sellers!! Perfect turn key classic cape in scenic area of Franklin with all the major updates completed. Pride of ownership shows true here with high quality thought. Anderson Windows, high efficiency gas furnace, blown in insulation, roof, updated bathroom, and blue stone stairs are just some of the updates completed within the past six years and featured in this pristine home.  Entertain in the spacious 24 x14 family room complete with new gas fire place and refinished hardwood floors that over look the pool in the back yard.  Definitely not a drive-by!
Unit Size
1,578 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$209
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1959

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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 #71747274)

Price History

Date / Event Date Event Price
Mar 5, 2015 Sold
Premium
Sold
Sep 23, 2014 Listed by RE/MAX Executive Realty $329,900
Listed by RE/MAX Executive Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 4
  • Exterior Walls Type: 18
  • 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: 964
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 15,912
  • Total Building Area: 1,540
  • Gross Building Area: 3,092
  • Building Area: 1,540
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,540
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKLIN
  • Land Acres: 0000000365
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442201

Geography

  • Account Number: 32-024
  • Parcel: FRAN M:320 L:011
  • Lot: 11
  • Municipality: FRANKLIN
  • Latitude: 42.0586
  • Longitude: -71.4078

    Address

  • Full Address: 41 Forest St
  • Address - House Number: 41
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: R001
  • 4-Digit Zip Code: 2501
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $575,500

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 572,972
  • High Value: 669,656
  • Low Value: 476,287

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,100
  • Assessed Land Value: $242,700
  • Assessed Improvements Value: $245,400

    Sales

  • Current Sale Recording Date: Mar 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17466
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71747274

Frequently Asked Questions

When was property at 41 Forest Street built and last sold?
The property at 41 Forest Street was built in 1959 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 41 Forest Street is $344,113.
What are some comparable homes to 41 Forest Street?
There are currently no comparable homes to 41 Forest Street.
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