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Franklin Town 02038
464 Chestnut Street
$399,000
● House - Off Market

464 Chestnut Street

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,844 Ft²
$590,302
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Updated oversized cape property sitting on a corner lot with newly fenced-in, spacious and level back yard.  This property has tons of living space with multiple options for creating the home set up that appeals to you.  Room flow can allow for up to 4 bedrooms, an office, play space, and/or additional dens.  A full bathroom on each floor with main floor bathroom featuring new vanity and flooring.  Bedrooms upstairs are extremely spacious with ample closet and storage space.  Money saving updates for buyers include: roof replacement 2019, fence 2019, shed 2019, washer 2018/ dryer 2016, boiler and water heater replaced in 2016.  OPEN HOUSE Saturday, January 4th 11am - 1pm.
Unit Size
1,844 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$222
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1950

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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 months ago (MLSPIN #72600723)

Price History

Date / Event Date Event Price
Feb 27, 2020 Sold
Premium
Sold
Dec 14, 2019 Listed by eXp Realty $408,900
Listed by eXp Realty
May 31, 2012 Sold
Premium
Sold
Mar 20, 2012 Listed by eXp Realty $264,900
Listed by eXp Realty
Jan 21, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 7
  • Basement Area: 1,022
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,138
  • Total Building Area: 1,794
  • Gross Building Area: 3,186
  • Building Area: 1,794
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,794
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000462
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442203

Geography

  • Account Number: 86-075
  • Parcel: FRAN M:266 L:039
  • Lot: 39
  • Municipality: FRANKLIN
  • Latitude: 42.0927
  • Longitude: -71.3756

    Address

  • Full Address: 464 Chestnut St
  • Address - House Number: 464
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C005
  • 4-Digit Zip Code: 1266
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $558,500

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 580,225
  • High Value: 683,579
  • Low Value: 476,870

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $473,700
  • Assessed Land Value: $243,800
  • Assessed Improvements Value: $229,900

    Sales

  • Current Sale Contract Date: Feb 24, 2020
  • Current Sale Recording Date: Feb 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17688
  • Previous Sale Recording Date: May 31, 2012
  • Previous Sale Amount: $265,000
  • 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:

$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

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72600723

Frequently Asked Questions

When was property at 464 Chestnut Street built and last sold?
The property at 464 Chestnut Street was built in 1950 and last sold on Feb 24, 2020 for $399,000.
How much is this home worth?
The estimated value of the home located at 464 Chestnut Street is $415,721.
What are some comparable homes to 464 Chestnut Street?
There are currently no comparable homes to 464 Chestnut Street.
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