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Franklin Town 02038
48 Plain Street
$389,900
● House - Off Market

48 Plain Street

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,044 Ft²
$598,322
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

OPEN HOUSE CANCELED SUNDAY FEBRUARY 11th- WELCOME HOME~ONE WORD "WOW"~FROM THE MOMENT YOU PULL UP TO THIS HOME, TO THE MOMENT YOU ENTER THIS WELL APPOINTED REMODELED 3 BEDROOM RANCH ON NICE LEVEL LOT~NEW KITCHEN w/QUARTZ COUNTER TOPS, NEW CUSTOM WHITE CABINETS w/SLOW CLOSURE DRAWERS, NEW S.S. APPLIANCES, NEW OAK FLOORS IN KITCHEN, COZY REMODELED BRICK FIREPLACE w/CUSTOM WOOD BEAM MANTLE, NEW BATHROOM/NEW TILE FLOORS, REFINISHED HARDWOODS THROUGHOUT, NEW LIGHT FIXTURES, NEW WINDOWS, FRESH PAINT, NEW TILE FLOOR IN MUD ROOM, NEW OVERSIZED DECK, NEW VINYL SIDING~DOESN'T GET MUCH BETTER THAN THIS COME SEE FOR YOURSELF AND START YOUR MEMORIES IN THIS READY TO MOVE IN WITH NOTHING TO DO BUT UNPACK~TOWN WATER/TOWN SEWER/NATURAL GAS, WASHER & GAS DRYER INCLUDED.
Unit Size
1,044 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$373
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1960

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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 #72279377)

Price History

Date / Event Date Event Price
Apr 2, 2018 Sold
Premium
Sold
Feb 8, 2018 Listed by Carey Realty Group, Inc. $389,900
Listed by Carey Realty Group, Inc.
Aug 4, 2017 Sold
Premium
Sold
Jul 5, 2017 Listed by Carey Realty Group, Inc. $249,000
Listed by Carey Realty Group, Inc.

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,044
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,044
  • Gross Building Area: 2,580
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 135-034
  • Parcel: FRAN M:210 L:025
  • Lot: 25
  • Municipality: FRANKLIN
  • Latitude: 42.1318
  • Longitude: -71.4361

    Address

  • Full Address: 48 Plain St
  • Address - House Number: 48
  • Address - Street Name: Plain
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C007
  • 4-Digit Zip Code: 2627
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $534,700

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 534,265
  • High Value: 624,418
  • Low Value: 444,112

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $453,500
  • Assessed Land Value: $236,500
  • Assessed Improvements Value: $217,000

    Sales

  • Current Sale Recording Date: Apr 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25229
  • Previous Sale Recording Date: Aug 04, 2017
  • Previous Sale Amount: $249,000
  • 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

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72279377

Frequently Asked Questions

When was property at 48 Plain Street built and last sold?
The property at 48 Plain Street was built in 1960 and last sold on Jan 1, 1970 for $389,900.
How much is this home worth?
The estimated value of the home located at 48 Plain Street is $386,362.
What are some comparable homes to 48 Plain Street?
There are currently no comparable homes to 48 Plain Street.
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