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Franklin Town 02038
49 High Ridge Cir
$875,000
● House - Off Market

49 High Ridge Cir

Franklin, MA 02038
bedrooms
5 Beds
bathrooms
3 Baths, 3 Half Baths
square feet
5,378 Ft²
$1,520,786
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

WELCOME HOME! STUNNING 12 RM 4-5 BR CONTEMPORARY COLONIAL IN PRESTIGIOUS HIGHLAND ESTATES HAS IT ALL! BEAUTIFUL UPDATED KITCHEN W/ NEWER GRANITE, WIDE HARDWD FLRS, DOUBLE CONVECTION OVEN,NEWER JENNAIR APPL. AND WINE COOLER. LOVELY TILED SUNROOM W/ COFFERED CEILING. TRANSOM WINDOWS THROUGHOUT 1ST FL. 2 STORY HDWD FOYER W/SPLIT STAIRCASE. HDWD FORMAL DR AND LR W/ GAS FP. FAMILY RM W/ FP. MASTER SUITE W/SITTING RM AND LUXURIOUS MASTER BATH. 3 -4 OTHER GENEROUS SIZED BRS. 3 CAR GARAGE. LOWER LEVEL HOME THEATER ROOM AND ENTERTAINMENT BAR AND 1/2 BATH. BEAUTIFULLY LANDSCAPED LEVEL PRIVATE YARD AND LARGE TREX DECK. TOWN WATER AND SEWER AND PRIVATE WELL FOR IRRIGATION. NEWER HEATING SYSYEM AND HOT WATER HEATER.
Unit Size
5,378 Ft²
Days on Market
-
Land Size
0.81 acres
Price per sqft
$167
Property Type
House
Property Taxes
$946
HOA Dues
-
Year Built
1999

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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: 6 months ago (MLSPIN #71952187)

Price History

Date / Event Date Event Price
Jul 6, 2016 Sold
Premium
Sold
Jan 26, 2016 Listed by Coldwell Banker Residential Brokerage - Franklin $899,000
Listed by Coldwell Banker Residential Brokerage - Franklin

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,169
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,379
  • Total Building Area: 4,261
  • Gross Building Area: 10,105
  • Building Area: 4,261
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,261
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND ESTATES PH V
  • Land Acres: 0000000812
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 117-008-07
  • Parcel: FRAN M:234 L:070
  • Lot: 70
  • Municipality: FRANKLIN
  • Latitude: 42.113
  • Longitude: -71.4068

    Address

  • Full Address: 49 High Ridge Cir
  • Address - House Number: 49
  • Address - Street Name: High Ridge
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Franklin
  • Carrier Code: R007
  • 4-Digit Zip Code: 4124
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,397,200

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,281,648
  • High Value: 1,486,908
  • Low Value: 1,076,388

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,185,100
  • Assessed Land Value: $376,100
  • Assessed Improvements Value: $809,000

    Sales

  • Current Sale Recording Date: Jul 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64824
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:

$695,000

Sale Price/ft²

$331

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2089 ft²

Average Home Age

48.5 years

Currently For Sale

67 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71952187

Frequently Asked Questions

When was property at 49 High Ridge Circle built and last sold?
The property at 49 High Ridge Circle was built in 1999 and last sold on Jan 1, 1970 for $875,000.
How much is this home worth?
The estimated value of the home located at 49 High Ridge Circle is $906,760.
What are some comparable homes to 49 High Ridge Circle?
There are currently no comparable homes to 49 High Ridge Circle.
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