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Franklin 01360
5 Commonwealth Ave
$239,000
● House - Off Market

5 Commonwealth Ave

Northfield, MA 01360
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,396 Ft²
$361,543
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Beautifully landscaped setting for this very fine ranch home. Living room with fireplace and dining area look out onto the patio, master suite with spacious sun room, separate laundry area and kitchen with all appliances. Lots of storage space with a separate 10x16 shed, attached over-sized garage and full open basement. There is central air/vac for comfort and ease. This excellent property is in move-in condition!
Unit Size
1,396 Ft²
Days on Market
-
Land Size
2.66 acres
Price per sqft
$171
Property Type
House
Property Taxes
$311
HOA Dues
-
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: 4 months ago (MLSPIN #72353601)

Price History

Date / Event Date Event Price
Aug 17, 2018 Sold
Premium
Sold
Jun 27, 2018 Listed by Cohn & Company $239,000
Listed by Cohn & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,192
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 115,870
  • Total Building Area: 1,396
  • Gross Building Area: 3,516
  • Building Area: 1,396
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,396
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002660
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pioneer Valley School District
  • School Tax School District: PIONEER VLY SD
  • Census Tract: 040300

Zoning

  • Zoning: RAF

Geography

  • District: 217
  • Parcel: NFLD M:032 B:A13.3 L:1
  • Block: A13.3
  • Lot: 1
  • Municipality: NORTHFIELD
  • Latitude: 42.6843
  • Longitude: -72.4398

    Address

  • Full Address: 5 Commonwealth Ave
  • Address - House Number: 5
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Northfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 9536
  • Zip Code: 01360

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $429,000

    Appraisal Valuation

  • Standard Deviation: 0.2553
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 358,578
  • High Value: 452,232
  • Low Value: 264,925

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $315,900
  • Assessed Land Value: $54,300
  • Assessed Improvements Value: $261,600

    Sales

  • Current Sale Recording Date: Aug 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8432
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

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2189 ft²

Average Home Age

99.8 years

Currently For Sale

154 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# 72353601

Frequently Asked Questions

When was property at 5 Commonwealth Avenue built and last sold?
The property at 5 Commonwealth Avenue was built in 1990 and last sold on Jan 1, 1970 for $239,000.
How much is this home worth?
The estimated value of the home located at 5 Commonwealth Avenue is $245,572.
What are some comparable homes to 5 Commonwealth Avenue?
There are currently no comparable homes to 5 Commonwealth Avenue.
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