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Franklin Town 02038
41 Marvin
$373,000
● House - Off Market

41 Marvin

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,888 Ft²
$625,987
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

This charming antique colonial located on quaint and quiet Marvin Ave is sure to impress!! Conveniently located close to highway and only 1/2 mile from train. Master bedroom & bathroom addition, energy efficient replacement windows, and updated bathroom are just a few of the improvements that have been made.  Don't miss this opportunity to own a 4 bedroom house in Franklin for under $400K!!
Unit Size
1,888 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$201
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1920

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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: 5 months ago (MLSPIN #72097657)

Price History

Date / Event Date Event Price
Mar 1, 2017 Sold
Premium
Sold
Dec 1, 2016 Listed by Real Living Realty Group $379,900
Listed by Real Living Realty Group
Apr 30, 2013 Sold
Premium
Sold
Mar 13, 2013 Listed by Real Living Realty Group $289,500
Listed by Real Living Realty Group

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,185
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,850
  • Total Building Area: 1,888
  • Gross Building Area: 3,173
  • Building Area: 1,888
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,888
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442101

Geography

  • Account Number: 74-190
  • Parcel: FRAN M:278 L:141
  • Lot: 141
  • Municipality: FRANKLIN
  • Latitude: 42.0865
  • Longitude: -71.4043

    Address

  • Full Address: 41 Marvin Ave
  • Address - House Number: 41
  • Address - Street Name: Marvin
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Franklin
  • Carrier Code: C031
  • 4-Digit Zip Code: 2008
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $616,000

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 600,444
  • High Value: 728,480
  • Low Value: 472,407

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $522,500
  • Assessed Land Value: $323,100
  • Assessed Improvements Value: $199,400

    Sales

  • Current Sale Recording Date: Mar 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18697
  • Previous Sale Recording Date: Apr 30, 2013
  • Previous Sale Amount: $255,000
  • 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 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: 5 months ago
Data Source: MLS PIN, MLS# 72097657

Frequently Asked Questions

When was property at 41 Marvin Avenue built and last sold?
The property at 41 Marvin Avenue was built in 1920 and last sold on Jan 1, 1970 for $373,000.
How much is this home worth?
The estimated value of the home located at 41 Marvin Avenue is $393,919.
What are some comparable homes to 41 Marvin Avenue?
There are currently no comparable homes to 41 Marvin Avenue.
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