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Franklin Town 02038
59 Pine Street
$310,000
● House - Off Market

59 Pine Street

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,028 Ft²
$532,425
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Charming 3 bedroom ranch in quiet residential neighborhood. Many updates include remodeled kitchen and bath, both with tile floors and up-to-date fixtures and appliances; new gutters; top-of-the-line pellet stove; new water heater; and newly re-finished hardwood floors.  Thoughtful plantings provide ultimate privacy on deck and in back yard. Home to the same family since it was built in 1960, this lovingly maintained, corner lot residence is ready for YOU to move in and make it your own.  Showings begin at public open house saturday August 8th, 11am-1:30pm.
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$292
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1960

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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 #71885883)

Price History

Date / Event Date Event Price
Sep 28, 2015 Sold
Premium
Sold
Aug 7, 2015 Listed by Coldwell Banker Residential Brokerage - Concord $300,000
Listed by Coldwell Banker Residential Brokerage - Concord
Apr 22, 2002 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,028
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,028
  • Gross Building Area: 2,188
  • Building Area: 1,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,028
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOX HILL FRANKLIN
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442103

Geography

  • Account Number: 128-062
  • Parcel: FRAN M:223 L:085
  • Lot: 85
  • Municipality: FRANKLIN
  • Latitude: 42.1249
  • Longitude: -71.4355

    Address

  • Full Address: 59 Pine St
  • Address - House Number: 59
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C007
  • 4-Digit Zip Code: 2653
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $569,200

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 538,181
  • High Value: 619,465
  • Low Value: 456,896

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $482,800
  • Assessed Land Value: $325,400
  • Assessed Improvements Value: $157,400

    Sales

  • Current Sale Recording Date: Sep 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 95630
  • Previous Sale Recording Date: Apr 22, 2002
  • Previous Sale Amount: $163,500
  • 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

$338

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2149 ft²

Average Home Age

53.2 years

Currently For Sale

45 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# 71885883

Frequently Asked Questions

When was property at 59 Pine Street built and last sold?
The property at 59 Pine Street was built in 1960 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 59 Pine Street is $306,479.
What are some comparable homes to 59 Pine Street?
There are currently no comparable homes to 59 Pine Street.
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