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Franklin Town 02038
50 Mill St
$420,000
● House - Off Market

50 Mill St

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,238 Ft²
$615,159
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Gorgeous wood floors in the living & dining room, Updated kitchen w/ all stainless appliances, beautiful cabinetry and granite countertops, 3 BR upstairs, 2 finished rooms lower level. Great screened-in porch and a generous private backyard for sports and gatherings. Backyard patio great for campfires and picnic tables, generous shed. Lots of woodland gardens. Brand new roof, tankless water heater, wood pellet stove, emergency generator, new efficient windows. Sizable shed in backyard large enough to store lawn equipment and bicycles. Title V certified. Convenient to shopping and Downtown Franklin and the Dean College Commuter train station. Centrally located between routes 495 and 95. Close to the Rhode Island border.
Unit Size
2,238 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$188
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1973

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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 #72549203)

Price History

Date / Event Date Event Price
Oct 24, 2019 Sold
Premium
Sold
Aug 13, 2019 Listed by OwnerEntry.com $420,000
Listed by OwnerEntry.com
Aug 19, 2005 Sold
Premium
Sold
Jun 27, 2005 Listed by OwnerEntry.com $379,900
Listed by OwnerEntry.com

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,128
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,020
  • Total Building Area: 1,222
  • Gross Building Area: 2,618
  • Building Area: 1,222
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,222
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKLIN
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442204

Geography

  • Account Number: 86-052
  • Parcel: FRAN M:266 L:018
  • Lot: 18
  • Municipality: FRANKLIN
  • Latitude: 42.0925
  • Longitude: -71.3705

    Address

  • Full Address: 50 Mill St
  • Address - House Number: 50
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C018
  • 4-Digit Zip Code: 1226
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $654,300

    Appraisal Valuation

  • Standard Deviation: 0.1731
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 614,366
  • High Value: 720,716
  • Low Value: 508,017

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $555,000
  • Assessed Land Value: $327,000
  • Assessed Improvements Value: $228,000

    Sales

  • Current Sale Contract Date: Oct 17, 2019
  • Current Sale Recording Date: Oct 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 97399
  • Previous Sale Recording Date: Aug 19, 2005
  • Previous Sale Amount: $375,000
  • 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:

$699,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2076 ft²

Average Home Age

52.3 years

Currently For Sale

47 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: 4 months ago
Data Source: MLS PIN, MLS# 72549203

Frequently Asked Questions

When was property at 50 Mill Street built and last sold?
The property at 50 Mill Street was built in 1973 and last sold on Oct 17, 2019 for $420,000.
How much is this home worth?
The estimated value of the home located at 50 Mill Street is $452,836.
What are some comparable homes to 50 Mill Street?
There are currently no comparable homes to 50 Mill Street.
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