$535,000
●
Condo -
Off Market
5 Birchtree Circle #5
Franklin, MA 02038
2 Beds
3 Baths,
1
Half Bath
2,026 Ft²
$3,404
Est. Monthly
$488
HOA / Fees
3.12%
Cap Rate
About This Property
Large, potential 3 bedroom unit in the highly desirable Chestnut
Ridge condominium community. This well maintained end unit has
ample floor space & plenty of storage. The skylit kitchen is bright
& roomy w/ center island seating as well as a separate dining area.
Easy flow from the kitchen to the formal dining room to the sunk-in
living room with a floor to ceiling fireplace, wet bar & double
slider that opens to an oversized deck. Off the living room is a
BONUS room (currently a family room)that could be used as a first
floor bedroom. A 1/2 bath finishes up the main level. The second
floor features two generously sized bedrooms each with a walk-in
closet & full baths. BONUS closet in the main bedroom. Unlimited
potential for additional living space in the large basement
-PARTIALLY HEATED & WIRED. Freshly painted interior, brand
new carpeting, new hot water heater (2022), newer roof (2018),
composite decking (2019) & more - see attached feature sheet. Close
to highway&commuter rail
Unit Size
2,026 Ft²
Days on Market
-
Land Size
-
Price per sqft
$246
Property Type
Condo
Property Taxes
$465
HOA Dues
$488
Year Built
1990
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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: 3 years ago (MLSPIN #73173801)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Oct 31, 2023 | In contract | - | |
| In contract | |||
| Oct 25, 2023 | Listed by Coldwell Banker Realty - Canton | $499,000 | |
| Listed by Coldwell Banker Realty - Canton | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Interior Details
Level: First
Width: 13.583333
Length: 17.166666
Features: Skylight, Vaulted Ceiling(s), Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Gas Stove
Area: 233.180555
Level: Second
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: Second
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Width: 15.916666
Length: 12.166666
Area: 193.652777
Width: 12.333333
Features: Flooring - Hardwood, Lighting - Pendant
Length: 11.416666
Level: First
Area: 140.805555
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Pedestal Sink
Level: First
Length: 24
Level: First
Area: 322
Features: Flooring - Wall to Wall Carpet, Wet Bar, Deck - Exterior, Exterior Access, Slider
Width: 13.416666
Length: 22.583333
Level: First
Features: Skylight, Flooring - Wall to Wall Carpet, Slider
Width: 12.083333
Area: 272.881944
Features: Bathroom - Full, Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture
Level: Second
Length: 19.5
Width: 13.833333
Area: 269.75
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Internet Available - Broadband
Appliances: Range, Dishwasher, Trash Compactor, Refrigerator, Dryer, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Tile, Carpet, Hardwood
Laundry Features: In Basement
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Chestnut Ridge Condominiums
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res Cod
Parcel Number: 91529
Water Source: Public
Financial Details
Tax Assessed Value: $443,500
Tax Annual Amount: $5,579
Utilities Details
Utilities: for Gas Range, for Gas Dryer
Cooling Type: Central Air
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Pool
Association Fee Frequency: Monthly
HOA Fee: $488
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Bike Path, House of Worship, T-Station, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/25/2023
|
2 Bed
|
3 Bath
|
2026 ft²
|
$499,000
2 Bed
3 Bath
2026 ft²
|
$535,000
+7.21%
12/07/2023
|
Janice Sullivan
RE/MAX Heritage, LLC
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017