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Franklin Town 02038
44 Elm
$520,000
● House - Off Market

44 Elm

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,526 Ft²
$540,714
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Beautiful Saltbox Colonial with lots of curb appeal in desirable North Franklin. Spacious level yard, large deck, Town Water & Town Sewer, horseshoe driveway, covered main entry & friends entry with porch. Warm inviting open floor plan,Central Air, Gas Heating and Cooking, Hardwood Floors on both levels and a freshly painted interior, Updated white kitchen with Island seating, Granite counters and white subway tile, adjacent sitting room with cabinetry currently used as a coffee/wine bar. Home was renovated in 2016.
Unit Size
1,526 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$328
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1961

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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: 6 months ago (MLSPIN #72919573)

Price History

Date / Event Date Event Price
Jan 13, 2022 Sold
Premium
Sold
Nov 12, 2021 Listed by Whitin Woods Realty $499,900
Listed by Whitin Woods Realty
Aug 15, 2016 Sold
Premium
Sold
May 25, 2016 Listed by Whitin Woods Realty $374,000
Listed by Whitin Woods Realty
Jan 29, 2016 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • 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: 16,183
  • Total Building Area: 1,526
  • Gross Building Area: 2,664
  • Building Area: 1,526
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,526
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000372
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 138-002
  • Parcel: FRAN M:214 L:039
  • Lot: 39
  • Municipality: FRANKLIN
  • Latitude: 42.1282
  • Longitude: -71.4082

    Address

  • Full Address: 44 Elm St
  • Address - House Number: 44
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: R007
  • 4-Digit Zip Code: 1506
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $657,500

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 614,063
  • High Value: 717,326
  • Low Value: 510,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $557,700
  • Assessed Land Value: $325,800
  • Assessed Improvements Value: $231,900

    Sales

  • Current Sale Contract Date: Jan 13, 2021
  • Current Sale Recording Date: Jan 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3730
  • Previous Sale Recording Date: Aug 15, 2016
  • Previous Sale Amount: $374,000
  • 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:

$689,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2094 ft²

Average Home Age

47.7 years

Currently For Sale

66 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: 6 months ago
Data Source: MLS PIN, MLS# 72919573

Frequently Asked Questions

When was property at 44 Elm Street built and last sold?
The property at 44 Elm Street was built in 1961 and last sold on Jan 13, 2021 for $520,000.
How much is this home worth?
The estimated value of the home located at 44 Elm Street is $503,495.
What are some comparable homes to 44 Elm Street?
There are currently no comparable homes to 44 Elm Street.
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