For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Franklin Town 02038
492 Old Farm Rd
$468,400
● House - Off Market

492 Old Farm Rd

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,884 Ft²
$650,488
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Sellers offering $10,000. closing cost credit. Conveniently located just minutes away from the town common, center of town, commuter rail & shopping!  Beautiful colonial style home, tucked away on just under a 1/2 acre lot, in a desirable, well established neighborhood! This home offers a spacious eat-in kitchen | front to back family room with fireplace | Awesome 3 season porch with cathedral ceiling with 3 walls of natural light pouring through | spacious wood deck to enjoy the peaceful, private back yard | front to back living room | formal dining room | large master suite with master bath & walk-in closet | full guest bath & 3 additional bedrooms on 2nd floor | half bath on main floor | 2 unfinished rooms in basement | 2 car garage | town water & town sewer | forced hot air by natural gas | central air.
Unit Size
1,884 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$252
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1974

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72661345)

Price History

Date / Event Date Event Price
Aug 20, 2020 Sold
Premium
Sold
May 25, 2020 Listed by RE/MAX Executive Realty $474,900
Listed by RE/MAX Executive Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,913
  • Total Building Area: 1,884
  • Gross Building Area: 3,262
  • Building Area: 1,884
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,884
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442101

Geography

  • Account Number: 103-132
  • Parcel: FRAN M:249 L:061
  • Lot: 61
  • Municipality: FRANKLIN
  • Latitude: 42.1023
  • Longitude: -71.3827

    Address

  • Full Address: 492 Old Farm Rd
  • Address - House Number: 492
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C021
  • 4-Digit Zip Code: 1136
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $708,000

    Appraisal Valuation

  • Standard Deviation: 0.1731
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 661,907
  • High Value: 776,486
  • Low Value: 547,328

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $600,500
  • Assessed Land Value: $327,300
  • Assessed Improvements Value: $273,200

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 84923

    Financing

  • First Mortgage Financing Type: ADJ
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

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2076 ft²

Average Home Age

52.3 years

Currently For Sale

47 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# 72661345

Frequently Asked Questions

When was property at 492 Old Farm Road built and last sold?
The property at 492 Old Farm Road was built in 1974 and last sold on Aug 13, 2020 for $468,400.
How much is this home worth?
The estimated value of the home located at 492 Old Farm Road is $485,073.
What are some comparable homes to 492 Old Farm Road?
There are currently no comparable homes to 492 Old Farm Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Franklin Town Homes for Sale
Franklin Town Houses for Sale
Franklin Town Condos for Sale
Franklin Town Townhouses for Sale
Franklin Town Multifamily for Sale
Franklin Town Land for Sale
Franklin Town Commercial for Sale
Franklin Town Homes with Basements
Nearby Cities
Attleboro Homes for Sale
Milford Homes for Sale
Woonsocket Homes for Sale
Medfield Homes for Sale
Bellingham Homes for Sale
Millis-Clicquot Homes for Sale
Hopedale Homes for Sale
Cumberland Hill Homes for Sale
Nearby Property Records
Providence County, RI Property Records
Norfolk County, MA Property Records
Bristol County, MA Property Records
Bristol County, RI Property Records
Middlesex County, MA Property Records
Suffolk County, MA Property Records
Worcester County, MA Property Records
Kent County, RI Property Records
Nearby Counties
Attleboro Homes for Sale
North Attleborough Homes for Sale
Milford Homes for Sale
Hopkinton Homes for Sale
Bellingham Homes for Sale
Holliston Homes for Sale
Medway Homes for Sale
Medfield Homes for Sale
Top Real Estate Agents
Top Agents in Franklin Town
Top Agents in Attleboro
Top Agents in Attleboro
Top Agents in 02038
Top Agents in North Attleborough
Top Agents in 01757
Top Agents in Milford
Top Agents in Milford