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Franklin
500 Orange Rd
$93,000
● House - Off Market

500 Orange Rd

Warwick, MA 01378
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,238 Ft²
$135,875
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Investors or cash buyers only.  This property offers plenty of potential, but will require some renovation.  The full bath needs a complete renovation and there may be structural damage in that area of the house.  The buyer will be responsible for the Title 5 inspection - if the system fails the seller is willing to negotiate the selling price.  The rest of the house is in Fair to Good condition but may need some cosmetic updates.  6 Large rooms. Nice Hardwood flooring. Living room has a Fieldstone Fireplace.  Basement has a workshop. Attached 1 car garage. 2 sheds.
Unit Size
1,238 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$73
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72426023)

Price History

Date / Event Date Event Price
Feb 15, 2019 Sold
Premium
Sold
Nov 21, 2018 Listed by Godin Real Estate $90,000
Listed by Godin Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,085
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,238
  • Gross Building Area: 2,779
  • Building Area: 1,238
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,238
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pioneer Valley School District
  • Census Tract: 040400

Geography

  • Account Number: 3124110000
  • Parcel: WARW M:411.0 B:0000 L:0121.0
  • Lot: 121.0
  • Municipality: WARWICK
  • Latitude: 42.6493
  • Longitude: -72.3302

    Address

  • Full Address: 500 Orange Rd
  • Address - House Number: 500
  • Address - Street Name: Orange
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Warwick
  • Carrier Code: H082
  • 4-Digit Zip Code: 9370
  • Zip Code: 01378

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $303,900

    Appraisal Valuation

  • Standard Deviation: 0.146
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 87,106
  • High Value: 99,827
  • Low Value: 74,384

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $183,600
  • Assessed Land Value: $28,500
  • Assessed Improvements Value: $155,100

    Sales

  • Current Sale Contract Date: Jan 15, 2019
  • Current Sale Recording Date: Feb 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1532
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

$232

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2166 ft²

Average Home Age

93.4 years

Currently For Sale

160 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: 5 months ago
Data Source: MLS PIN, MLS# 72426023

Frequently Asked Questions

When was property at 500 Orange Road built and last sold?
The property at 500 Orange Road was built in 1960 and last sold on Jan 15, 2019 for $93,000.
How much is this home worth?
The estimated value of the home located at 500 Orange Road is $102,958.
What are some comparable homes to 500 Orange Road?
There are currently no comparable homes to 500 Orange Road.
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