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Hampden
45 Franklin Street
$170,000
● House - Off Market

45 Franklin Street

Ludlow, MA 01056
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,251 Ft²
$192,688
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Great starter home in nice residential location. Close to highways and shopping. This property is being offered at a great value with room for someone to build some sweat equity by putting in some work. The home is ready for immediate occupancy but could use some updating. The exterior and major components are in good condition. The first floor features a dining room, living room, kitchen and bonus room in the back. The second floor has 3 bedrooms and a full bathroom. The home is heated by forced air and could easily be converted to add central AC. Plenty of off street parking, a detached garage and area in the back yard for entertaining.
Unit Size
1,251 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$140
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1954

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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 years ago (MLSPIN #72913019)

Price History

Date / Event Date Event Price
Dec 13, 2021 Sold
Premium
Sold
Oct 26, 2021 Listed by Coldwell Banker Realty - Worcester $174,900
Listed by Coldwell Banker Realty - Worcester
Oct 13, 2021 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,230
  • Total Building Area: 1,251
  • Gross Building Area: 2,398
  • Building Area: 1,251
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,251
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000097
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ludlow School District
  • School Tax School District: LUDLOW SD
  • Census Tract: 810403

Zoning

  • Zoning: RES B

Geography

  • Account Number: 3287
  • District: 161
  • Parcel: LUDL M:14B B:5800 P:262
  • Block: 5800
  • Municipality: LUDLOW
  • Latitude: 42.1575
  • Longitude: -72.4718

    Address

  • Full Address: 45 Franklin St
  • Address - House Number: 45
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C001
  • 4-Digit Zip Code: 3512
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $340,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2164
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 260,794
  • High Value: 307,723
  • Low Value: 213,865

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $188,000
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $118,000

    Sales

  • Current Sale Contract Date: Dec 13, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88542
  • Previous Sale Recording Date: Oct 13, 2021
  • Previous Sale Contract Date: Oct 08, 2021
  • Previous Sale Amount: $130,000
  • 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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2122 ft²

Average Home Age

79 years

Currently For Sale

860 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

Rentals Near You

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72913019

Frequently Asked Questions

When was property at 45 Franklin Street built and last sold?
The property at 45 Franklin Street was built in 1954 and last sold on Dec 13, 2021 for $170,000.
How much is this home worth?
The estimated value of the home located at 45 Franklin Street is $0.
What are some comparable homes to 45 Franklin Street?
There are currently no comparable homes to 45 Franklin Street.
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