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Franklin Town 02038
476 Martello Road
$424,000
● House - Off Market

476 Martello Road

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,824 Ft²
$650,324
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Fantastic location close to shopping and quick access to highway!  Sidewalked neighborhood with nicely maintained homes.  Open floor plan, fireplaced living room to dining room and kitchen with its own eating area and breakfast bar. Tiled baths. Lower level features inviting family room with gas fireplace and open floor plan to den area.  Freshly painted, light and bright! Refinished hardwood flooring.  Entertain on the expansive deck or retreat to the concrete patio surrounding the in-ground heated gunite saltwater swimming pool and hot tub.  Pretty view of flowering tree, back yard play area and storage shed.  Showings start Saturday 5/19, and open house Sunday 5/20 from 12noon - 2pm.  Call today for your showing!
Unit Size
1,824 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$236
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1969

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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 #72328428)

Price History

Date / Event Date Event Price
Aug 7, 2018 Sold
Premium
Sold
May 16, 2018 Listed by Berkshire Hathaway HomeServices Page Realty $429,900
Listed by Berkshire Hathaway HomeServices Page Realty
Mar 29, 2007 Sold
Premium
Sold
Jan 22, 2007 Listed by Berkshire Hathaway HomeServices Page Realty $385,000
Listed by Berkshire Hathaway HomeServices Page Realty
Dec 3, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,200
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 27,582
  • Total Building Area: 1,250
  • Gross Building Area: 2,796
  • Building Area: 1,250
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,250
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000633
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442104

Geography

  • Account Number: 90-049
  • Parcel: FRAN M:253 L:168
  • Lot: 168
  • Municipality: FRANKLIN
  • Latitude: 42.0995
  • Longitude: -71.4253

    Address

  • Full Address: 476 Martello Rd
  • Address - House Number: 476
  • Address - Street Name: Martello
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C012
  • 4-Digit Zip Code: 2957
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $703,600

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 628,654
  • High Value: 734,734
  • Low Value: 522,574

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $596,800
  • Assessed Land Value: $329,400
  • Assessed Improvements Value: $267,400

    Sales

  • Current Sale Recording Date: Aug 07, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69045
  • Previous Sale Recording Date: Mar 29, 2007
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: 27
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

$338

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2141 ft²

Average Home Age

52.5 years

Currently For Sale

46 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72328428

Frequently Asked Questions

When was property at 476 Martello Road built and last sold?
The property at 476 Martello Road was built in 1969 and last sold on Jan 1, 1970 for $424,000.
How much is this home worth?
The estimated value of the home located at 476 Martello Road is $442,497.
What are some comparable homes to 476 Martello Road?
There are currently no comparable homes to 476 Martello Road.
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