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Franklin Town 02038
497 Coronation Dr
Photo of 497 Coronation Dr
Sold on Jun 29, 2006

1

Map

$305,000
● House - Off Market

497 Coronation Dr

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,448 Ft²
$538,342
RealtyHop Estimate
68.28%
Since Jul 1, 2006
National-US
Primary Model

About This Property

You'll love the convenience! Just minutes to MBTA, 495, shopping or the Kennedy school in the neighborhood setting you've hoped for! Lots of updates including kitchen cab, countertop, tile floor & appliances. 2nd full bath added in '05 and professionally finished LL family room in '05. All windows have been replaced. Gleaming hardwoods in Living Room and Bedrooms. Deck and enclosed 3-season porch ready to enjoy in the summer months. Great value in Franklin!
Unit Size
1,448 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$221
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1960

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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 #70371883)

Price History

Date / Event Date Event Price
Jun 29, 2006 Sold
Premium
Sold
Apr 21, 2006 Listed $319,900
Listed
Sep 14, 2001 Sold
Premium
Sold
Jun 25, 2001 Listed $244,900
Listed

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • 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: 442
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,486
  • Total Building Area: 1,176
  • Gross Building Area: 2,056
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 115-115
  • Parcel: FRAN M:236 L:148
  • Lot: 148
  • Municipality: FRANKLIN
  • Latitude: 42.1117
  • Longitude: -71.4264

    Address

  • Full Address: 497 Coronation Dr
  • Address - House Number: 497
  • Address - Street Name: Coronation
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C013
  • 4-Digit Zip Code: 2733
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $540,100

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 549,335
  • High Value: 637,313
  • Low Value: 461,357

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $458,100
  • Assessed Land Value: $242,600
  • Assessed Improvements Value: $215,500

    Sales

  • Current Sale Recording Date: Jun 29, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 14, 2001
  • Previous Sale Amount: $235,000
  • 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# 70371883

Frequently Asked Questions

When was property at 497 Coronation Drive built and last sold?
The property at 497 Coronation Drive was built in 1960 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 497 Coronation Drive is $318,104.
What are some comparable homes to 497 Coronation Drive?
There are currently no comparable homes to 497 Coronation Drive.
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