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Franklin Town 02038
501 Old Farm Rd.
Photo of 501 Old Farm Rd.
Sold on Sep 30, 2004

1

Map

$399,900
● House - Off Market

501 Old Farm Rd.

Franklin, MA 02038
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,926 Ft²
$794,862
RealtyHop Estimate
98.77%
Since Oct 1, 2004
National-US
Primary Model

About This Property

professional landscaped 5 bedroom col. in great area.kit has thermador double stack convection ovens,6 burner viking counter top stove. large deck with gazebo with ceiling fan built in gas grill,fenced in back yard.hardwood floors,2 car garage under. Can close quickly.bring all offers!
Unit Size
1,926 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$208
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1967

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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: 6 months ago (MLSPIN #70058904)

Price History

Date / Event Date Event Price
Sep 30, 2004 Sold
Premium
Sold
Jul 6, 2004 Listed $399,900
Listed
Sep 30, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • 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: 950
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,756
  • Total Building Area: 1,926
  • Gross Building Area: 3,441
  • Building Area: 1,926
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,926
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PHEASANT HILL 02
  • Land Acres: 0000000362
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442101

Geography

  • Account Number: 103-142
  • Parcel: FRAN M:249 L:165
  • Lot: 165
  • Municipality: FRANKLIN
  • Latitude: 42.1025
  • Longitude: -71.3811

    Address

  • Full Address: 501 Old Farm Rd
  • Address - House Number: 501
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C021
  • 4-Digit Zip Code: 1180
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $712,900

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 689,378
  • High Value: 805,306
  • Low Value: 573,450

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $604,700
  • Assessed Land Value: $325,600
  • Assessed Improvements Value: $279,100

    Sales

  • Current Sale Recording Date: Sep 30, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14072
  • Previous Sale Recording Date: Sep 30, 1992
  • Previous Sale Amount: $165,000
  • 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:

$689,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2094 ft²

Average Home Age

47.7 years

Currently For Sale

66 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: 6 months ago
Data Source: MLS PIN, MLS# 70058904

Frequently Asked Questions

When was property at 501 Old Farm Road built and last sold?
The property at 501 Old Farm Road was built in 1967 and last sold on Jan 1, 1970 for $399,900.
How much is this home worth?
The estimated value of the home located at 501 Old Farm Road is $403,980.
What are some comparable homes to 501 Old Farm Road?
There are currently no comparable homes to 501 Old Farm Road.
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