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Franklin Town 02038
5 Georgia Dr
$428,000
● House - Off Market

5 Georgia Dr

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,800 Ft²
$702,873
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Your search is over!  Bright and spacious contemporary home features a two car garage, three bedrooms, three full baths in a fantastic neighborhood. Many updates include hardwood flooring, newer roof, Andersen windows and sliders, composite deck with vinyl rails.  Awesome energy updates include programmable thermostats, newer burner, hot water tank and SOLAR FLAIR panels for negative electric bills!  Finished basement offers walkout slider to patio.  Enjoy your summer evenings on the maintenance-free composite decking overlooking a private almost acre lot.  Great location close to the desirable Keller Sullivan school, commuter rail and highway.  Franklin was again VOTED one of the top SAFEST towns in the country!  Showings start IMMEDIATELY.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$242
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1991

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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: 5 months ago (MLSPIN #72131151)

Price History

Date / Event Date Event Price
May 11, 2017 Sold
Premium
Sold
Mar 15, 2017 Listed by Coldwell Banker Residential Brokerage - Franklin $435,000
Listed by Coldwell Banker Residential Brokerage - Franklin
Jul 30, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,104
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,297
  • Total Building Area: 1,216
  • Gross Building Area: 2,752
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKLIN
  • Land Acres: 0000000925
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442103

Geography

  • Account Number: 132-004-08
  • Parcel: FRAN M:214 L:130
  • Lot: 130
  • Municipality: FRANKLIN
  • Latitude: 42.1273
  • Longitude: -71.4012

    Address

  • Full Address: 5 Georgia Dr
  • Address - House Number: 5
  • Address - Street Name: Georgia
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: R002
  • 4-Digit Zip Code: 1042
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $682,100

    Appraisal Valuation

  • Standard Deviation: 0.1503
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 670,781
  • High Value: 771,627
  • Low Value: 569,935

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,500
  • Assessed Land Value: $333,500
  • Assessed Improvements Value: $245,000

    Sales

  • Current Sale Recording Date: May 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40445
  • Previous Sale Recording Date: Jul 30, 1996
  • Previous Sale Amount: $172,000
  • 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:

$692,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2053 ft²

Average Home Age

47.1 years

Currently For Sale

57 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: 5 months ago
Data Source: MLS PIN, MLS# 72131151

Frequently Asked Questions

When was property at 5 Georgia Drive built and last sold?
The property at 5 Georgia Drive was built in 1991 and last sold on Jan 1, 1970 for $428,000.
How much is this home worth?
The estimated value of the home located at 5 Georgia Drive is $448,061.
What are some comparable homes to 5 Georgia Drive?
There are currently no comparable homes to 5 Georgia Drive.
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