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Franklin Town 02038
5 Stanford Rd
$406,000
● House - Off Market

5 Stanford Rd

Franklin, MA 02038
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,290 Ft²
$744,240
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

Need more space?  Come see this wonderful colonial with 5 Bedrooms in a beautiful Franklin Neighborhood close to park, school and highway access.  You won't believe the 400 sq ft each Family room and Master Suite, 4 additional bedrooms, and a 3 season room overlooking the level yard that will soon become your favorite room in the house.  Hardwood floors in bedrooms ( and under family room carpet! ), fireplaced formal living room, gas heating... too much to list.   Want to walk through this home online in 3D and High Definition?  Visit:  https://my.matterport.com/models/bsbivye7UjH - it's Amazing!!
Unit Size
2,290 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$183
Property Type
House
Property Taxes
$402
HOA Dues
-
Year Built
1965

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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 #71908024)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Oct 7, 2021 Listed by Success! Real Estate $599,900
Listed by Success! Real Estate
Jan 26, 2016 Sold
Premium
Sold
Sep 22, 2015 Listed by Success! Real Estate $419,900
Listed by Success! Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,200
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 2,290
  • Gross Building Area: 3,706
  • Building Area: 2,290
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,290
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442201

Geography

  • Account Number: 22-033
  • Parcel: FRAN M:327 L:027
  • Lot: 27
  • Municipality: FRANKLIN
  • Latitude: 42.0547
  • Longitude: -71.4274

    Address

  • Full Address: 5 Stanford Rd
  • Address - House Number: 5
  • Address - Street Name: Stanford
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: R006
  • 4-Digit Zip Code: 3305
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $680,200

    Appraisal Valuation

  • Standard Deviation: 0.1501
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 653,721
  • High Value: 751,867
  • Low Value: 555,575

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $576,900
  • Assessed Land Value: $242,500
  • Assessed Improvements Value: $334,400

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 150471
  • Previous Sale Recording Date: Jan 26, 2016
  • Previous Sale Amount: $406,000
  • 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 Franklin Town

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$338

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2096 ft²

Average Home Age

52.8 years

Currently For Sale

43 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# 71908024

Frequently Asked Questions

When was property at 5 Stanford Road built and last sold?
The property at 5 Stanford Road was built in 1965 and last sold on Nov 30, 2021 for $630,000.
How much is this home worth?
The estimated value of the home located at 5 Stanford Road is $611,939.
What are some comparable homes to 5 Stanford Road?
There are currently no comparable homes to 5 Stanford Road.
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