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Franklin Town 02038
481 Maple Street
$700,000
● House - Off Market

481 Maple Street

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,420 Ft²
$658,947
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

EASY TO SHOW - Lovely updated 4 Bedroom 3 Bath OVERSIZED Gambrel  with 2 car attached garage offers flexible floor plan and many updates!   Over 2,400 sq ft of living space  - Beautiful oak hardwood flooring encompasses this spacious home.  Front to back  Kitchen/Dining room - Cabinet packed kitchen with center island, granite and stainless appliances -  Flexible floor plan - Optional first floor bedroom/office -   Optional second floor family room or master bedroom suite - Front and rear staircase - Walk out basement for FUTURE EXPANSION  - Heating System (2018) Mini Split (2018) AC Condenser (2018) Windows in family room (2020) Town Water, Sewer, Natural Gas - Large lot  -  Easy access to schools, parks, town center, commuter rail and major routes. OFFER DEADLINE- 2/21 - Noon  -   WELCOME HOME!
Unit Size
2,420 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$264
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1982

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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 #72943966)

Price History

Date / Event Date Event Price
Mar 28, 2022 Sold
Premium
Sold
Feb 17, 2022 Listed by Costello Realty $639,900
Listed by Costello Realty
Aug 1, 2018 Sold
Premium
Sold
May 7, 2018 Listed by Costello Realty $369,900
Listed by Costello Realty
Feb 24, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,196
  • Total Building Area: 2,420
  • Gross Building Area: 4,350
  • Building Area: 2,420
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,420
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000693
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 108-033
  • Parcel: FRAN M:235 L:140
  • Lot: 140
  • Municipality: FRANKLIN
  • Latitude: 42.1111
  • Longitude: -71.4132

    Address

  • Full Address: 481 Maple St
  • Address - House Number: 481
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: R007
  • 4-Digit Zip Code: 1542
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $727,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 744,759
  • High Value: 870,926
  • Low Value: 618,591

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $616,800
  • Assessed Land Value: $246,200
  • Assessed Improvements Value: $370,600

    Sales

  • Current Sale Contract Date: Mar 28, 2022
  • Current Sale Recording Date: Mar 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27112
  • Previous Sale Recording Date: Aug 01, 2018
  • Previous Sale Amount: $310,000
  • 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

$337

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2076 ft²

Average Home Age

51.3 years

Currently For Sale

42 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# 72943966

Frequently Asked Questions

When was property at 481 Maple Street built and last sold?
The property at 481 Maple Street was built in 1982 and last sold on Mar 28, 2022 for $700,000.
How much is this home worth?
The estimated value of the home located at 481 Maple Street is $646,569.
What are some comparable homes to 481 Maple Street?
There are currently no comparable homes to 481 Maple Street.
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