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Franklin Town 02038
503 Chestnut
$309,900
● House - Off Market

503 Chestnut

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,384 Ft²
$575,679
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Move in ready, bright and sunny home. More than an average ranch. Family room has cathedral ceilings and fireplace, opens to kitchen and dining room. Partially finished lower level. Huge work shop or storage room. Shed and garage. Close to shopping, town. New items in last two years; roof, central ac unit, refrigerator, water heater, dishwasher garage door.
Unit Size
1,384 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$224
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1992

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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: 4 months ago (MLSPIN #71704120)

Price History

Date / Event Date Event Price
Aug 29, 2014 Sold
Premium
Sold
Jun 24, 2014 Listed by William Raveis Delta REALTORS® $309,900
Listed by William Raveis Delta REALTORS®
Sep 10, 2010 Sold
Premium
Sold
Jul 13, 2010 Listed by William Raveis Delta REALTORS® $289,000
Listed by William Raveis Delta REALTORS®
Jul 19, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,132
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,229
  • Total Building Area: 1,384
  • Gross Building Area: 3,078
  • Building Area: 1,384
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,384
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKLIN
  • Land Acres: 0000000464
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 86-012-03
  • Parcel: FRAN M:263 L:025
  • Lot: 25
  • Municipality: FRANKLIN
  • Latitude: 42.0938
  • Longitude: -71.3756

    Address

  • Full Address: 503 Chestnut St
  • Address - House Number: 503
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C005
  • 4-Digit Zip Code: 1245
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $552,800

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 590,980
  • High Value: 696,250
  • Low Value: 485,709

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $468,900
  • Assessed Land Value: $243,800
  • Assessed Improvements Value: $225,100

    Sales

  • Current Sale Recording Date: Aug 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74514
  • Previous Sale Recording Date: Sep 10, 2010
  • Previous Sale Amount: $289,900
  • 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

2029 ft²

Average Home Age

52.9 years

Currently For Sale

46 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# 71704120

Frequently Asked Questions

When was property at 503 Chestnut Street built and last sold?
The property at 503 Chestnut Street was built in 1992 and last sold on Jan 1, 1970 for $309,900.
How much is this home worth?
The estimated value of the home located at 503 Chestnut Street is $320,547.
What are some comparable homes to 503 Chestnut Street?
There are currently no comparable homes to 503 Chestnut Street.
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