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Franklin Town 02038
488 Dailey Drive
$395,000
● House - Off Market

488 Dailey Drive

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,928 Ft²
$811,175
RealtyHop Estimate
100.29%
Since Sep 1, 2004
National-US
Primary Model

About This Property

Welcome home! 4 bedroom Tri-level Colonial with lots of space to spread out!  Large family room with cathedral ceiling and fireplace, kitchen with built-in eating area, hardwood floors in living room, dining room and bedrooms, 2.5 baths, additional SF in finished playroom in basement,freshly painted exterior and beautiful, private backyard!
Unit Size
1,928 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$210
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1968

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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 #70041709)

Price History

Date / Event Date Event Price
Aug 17, 2004 Sold
Premium
Sold
May 27, 2004 Listed by Century 21 Westward Homes $405,000
Listed by Century 21 Westward Homes
Sep 9, 1999 Sold
Premium
Sold
Jul 22, 1999 Listed by Century 21 Westward Homes $249,900
Listed by Century 21 Westward Homes

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,025
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,015
  • Total Building Area: 1,940
  • Gross Building Area: 3,645
  • Building Area: 1,940
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,940
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIGHT HILL ESTATES SEC 02
  • Land Acres: 0000000551
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 99-169
  • Parcel: FRAN M:253 L:149
  • Lot: 149
  • Municipality: FRANKLIN
  • Latitude: 42.1008
  • Longitude: -71.4266

    Address

  • Full Address: 488 Dailey Dr
  • Address - House Number: 488
  • Address - Street Name: Dailey
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C012
  • 4-Digit Zip Code: 3803
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $678,000

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 662,834
  • High Value: 768,989
  • Low Value: 556,679

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $575,100
  • Assessed Land Value: $328,300
  • Assessed Improvements Value: $246,800

    Sales

  • Current Sale Recording Date: Aug 17, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 90047
  • Previous Sale Recording Date: Sep 09, 1999
  • Previous Sale Amount: $240,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70041709

Frequently Asked Questions

When was property at 488 Dailey Drive built and last sold?
The property at 488 Dailey Drive was built in 1968 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 488 Dailey Drive is $409,621.
What are some comparable homes to 488 Dailey Drive?
There are currently no comparable homes to 488 Dailey Drive.
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