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Plymouth
58 Franklin Rd
$385,000
● House - Off Market

58 Franklin Rd

Norwell, MA 02061
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,750 Ft²
$685,815
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

In the sought after Norwell Homes neighborhood and the Cole school district, this classic Cape is conveniently situated close to shopping, schools, and commuting options. Step inside to discover a 21 ft. kitchen/family room area with an open floor plan, light and sunny, with access out to a big, level back yard. There is an entertainment sized living room with a fireplace, and a dining room with wainscoting and a china closet. There are 3 large bedrooms, all with hardwoods, built-ins, closets,   and two baths. The lower level play room is spacious and has a fun retro bar area and a piano. An oversized garage with plenty of space for overhead storage and convenient direct entrance into the house is a welcome addition in New England weather. Great location for commuters with easy access to Rt.3 and commuter rail.
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$229
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #71937523)

Price History

Date / Event Date Event Price
Mar 18, 2016 Sold
Premium
Sold
Dec 2, 2015 Listed by Conway - Hingham $399,900
Listed by Conway - Hingham

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,478
  • Total Building Area: 1,332
  • Gross Building Area: 2,712
  • Building Area: 1,332
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,332
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Halifax School District
  • School Tax School District: NORWELL SD
  • Census Tract: 504101

Geography

  • Account Number: 12A
  • District: 219
  • Parcel: NORW M:21 L:123
  • Lot: 123
  • Municipality: NORWELL
  • Latitude: 42.1715
  • Longitude: -70.8716

    Address

  • Full Address: 58 Franklin Rd
  • Address - House Number: 58
  • Address - Street Name: Franklin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwell
  • Carrier Code: R002
  • 4-Digit Zip Code: 1538
  • Zip Code: 02061

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $743,300

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 603,845
  • High Value: 707,295
  • Low Value: 500,394

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $552,200
  • Assessed Land Value: $296,100
  • Assessed Improvements Value: $256,100

    Sales

  • Current Sale Recording Date: Mar 18, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21493
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 Plymouth

Stats & Trends

Median Asking:

$669,000

Sale Price/ft²

$371

Above Asking

0.15%

Average Days on Market

59

Average Home Size

2251 ft²

Average Home Age

56.9 years

Currently For Sale

1255 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# 71937523

Frequently Asked Questions

When was property at 58 Franklin Road built and last sold?
The property at 58 Franklin Road was built in 1955 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 58 Franklin Road is $416,101.
What are some comparable homes to 58 Franklin Road?
There are currently no comparable homes to 58 Franklin Road.
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