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Worcester 01532
5 Franklin Cir
$463,000
● House - Off Market

5 Franklin Cir

Northborough, MA 01532
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,842 Ft²
$959,107
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

$20,000 PRICE REDUCTION! Custom Contemporary Offers Privacy Within Neighborhood Setting * Hard to Find FOUR Bedroom PLUS 14x22 Office *Granite Kitchen w/Custom Cherry Cabinets and SS Appliances to Stay* Sliders to Private Deck and Separate Hot Tub Area*  Screened Porch Overlooking Magnificent Views* Vaulted Ceilings* Skylights Bring Outside In *2.5 Baths* Balcony off Master Bedroom* Brand New Carpet* Brand New Roof* Two Fireplaces* Professionally Landscaped * One of a Kind *
Unit Size
2,842 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$167
Property Type
House
Property Taxes
$613
HOA Dues
-
Year Built
1976

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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 #71416956)

Price History

Date / Event Date Event Price
Apr 9, 2013 Sold
Premium
Sold
Aug 1, 2012 Listed by Andrew J. Abu Inc., REALTORS® $475,000
Listed by Andrew J. Abu Inc., REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • 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: 1,243
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,357
  • Total Building Area: 2,760
  • Gross Building Area: 5,364
  • Building Area: 2,760
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,760
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001018
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740101

Zoning

  • Zoning: RB

Geography

  • Parcel: NBOR M:0600 L:0050
  • Lot: 50
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3163
  • Longitude: -71.6744

    Address

  • Full Address: 5 Franklin Cir
  • Address - House Number: 5
  • Address - Street Name: Franklin
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Northborough
  • Carrier Code: R001
  • 4-Digit Zip Code: 1212
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $987,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1628
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 830,968
  • High Value: 966,305
  • Low Value: 695,631

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $691,300
  • Assessed Land Value: $230,000
  • Assessed Improvements Value: $461,300

    Sales

  • Current Sale Recording Date: Apr 09, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41861
  • Previous Sale Recording Date: Apr 09, 2013
  • Previous Sale Amount: $463,000
  • Previous Sale Document Type: O
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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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: 4 months ago
Data Source: MLS PIN, MLS# 71416956

Frequently Asked Questions

When was property at 5 Franklin Circle built and last sold?
The property at 5 Franklin Circle was built in 1976 and last sold on Jan 1, 1970 for $463,000.
How much is this home worth?
The estimated value of the home located at 5 Franklin Circle is $493,270.
What are some comparable homes to 5 Franklin Circle?
There are currently no comparable homes to 5 Franklin Circle.
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