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Franklin Town 02038
598 Maple Street
$422,500
● House - Off Market

598 Maple Street

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,140 Ft²
$503,555
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

SET IN AMAZING FRANKLIN, MA. MINUTES TO ROUTE 495.   SPRAWLING BRICK & MASONRY RANCH SET ON 3/4 ACRE CORNER LOT WITH 2100+ SQ FT OF LIVING SPACE. 3-4 BEDS, 2 FULL BATHS. CONNECTED TO WATER, SEWER, AND GAS.  HARDWOOD FLOORS THROUGHOUT. HOUSE TO BE SOLD IN "AS IS" CONDITION SUBJECT TO PROBATE APPROVAL.
Unit Size
2,140 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$229
Property Type
House
Property Taxes
$544
HOA Dues
-
Year Built
1962

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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 #72892584)

Price History

Date / Event Date Event Price
Mar 21, 2022 Sold
Premium
Sold
Sep 9, 2021 Listed by RE/MAX Preferred $489,000
Listed by RE/MAX Preferred
Jul 3, 2019 Sold
Premium
Sold
Apr 22, 2019 Listed by RE/MAX Preferred $389,900
Listed by RE/MAX Preferred
Oct 1, 2007 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,140
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,075
  • Total Building Area: 2,140
  • Gross Building Area: 4,627
  • Building Area: 2,140
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,140
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000759
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442104

Geography

  • Account Number: 123-008
  • Parcel: FRAN M:226 L:038
  • Lot: 38
  • Municipality: FRANKLIN
  • Latitude: 42.1194
  • Longitude: -71.4208

    Address

  • Full Address: 598 Maple St
  • Address - House Number: 598
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: R007
  • 4-Digit Zip Code: 1569
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $624,400

    Appraisal Valuation

  • Standard Deviation: 0.1803
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 600,512
  • High Value: 708,801
  • Low Value: 492,222

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $529,600
  • Assessed Land Value: $246,900
  • Assessed Improvements Value: $282,700

    Sales

  • Current Sale Contract Date: Mar 18, 2022
  • Current Sale Recording Date: Mar 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24621
  • Previous Sale Recording Date: Jul 03, 2019
  • Previous Sale Contract Date: Jun 30, 2019
  • Previous Sale Amount: $378,000
  • Previous Sale Document Type: O
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

2141 ft²

Average Home Age

52.5 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# 72892584

Frequently Asked Questions

When was property at 598 Maple Street built and last sold?
The property at 598 Maple Street was built in 1962 and last sold on Mar 18, 2022 for $422,500.
How much is this home worth?
The estimated value of the home located at 598 Maple Street is $498,685.
What are some comparable homes to 598 Maple Street?
There are currently no comparable homes to 598 Maple Street.
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