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Franklin Town 02038
6 Corrine Road
$325,000
● House - Off Market

6 Corrine Road

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,028 Ft²
$436,966
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Wonderful Opportunity to own in the KENNEDY SCHOOL DISTRICT. Easy Living RANCH on a large level lot with Natural Gas and Sewer in a quiet neighborhood awaits. This home has three large bedrooms, an inviting Eat-In kitchen overlooking the very private backyard. A fireside family room bathed in natural light streaming in from the Bow window await your celebrations.  All Hardwoods throughout the home were just professionally refinished and look amazing. Recent updates include: New Roof 2019, New Siding and Widows within the last 10 years, Chimney Repointed in 2019, New Electrical box and Bulkhead door. Franklin is ranked as one of the safest towns in MA- Niche. Close to Boston, Providence (hwys & train), and Worcester.
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$292
Property Type
House
Property Taxes
$372
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 #72603509)

Price History

Date / Event Date Event Price
Jan 31, 2020 Sold
Premium
Sold
Jan 2, 2020 Listed by RE/MAX Real Estate Center $299,900
Listed by RE/MAX Real Estate Center

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 15,359
  • Total Building Area: 1,028
  • Gross Building Area: 2,056
  • Building Area: 1,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • 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
  • Land Acres: 0000000353
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 128-037
  • Parcel: FRAN M:223 L:088
  • Lot: 88
  • Municipality: FRANKLIN
  • Latitude: 42.1256
  • Longitude: -71.4355

    Address

  • Full Address: 6 Corrine Rd
  • Address - House Number: 6
  • Address - Street Name: Corrine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C007
  • 4-Digit Zip Code: 2612
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $566,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1835
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 496,579
  • High Value: 587,736
  • Low Value: 405,421

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $480,100
  • Assessed Land Value: $325,500
  • Assessed Improvements Value: $154,600

    Sales

  • Current Sale Contract Date: Jan 21, 2020
  • Current Sale Recording Date: Jan 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 8999
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

$337

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2076 ft²

Average Home Age

51.3 years

Currently For Sale

42 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: 4 months ago
Data Source: MLS PIN, MLS# 72603509

Frequently Asked Questions

When was property at 6 Corrine Road built and last sold?
The property at 6 Corrine Road was built in 1960 and last sold on Jan 21, 2020 for $325,000.
How much is this home worth?
The estimated value of the home located at 6 Corrine Road is $307,721.
What are some comparable homes to 6 Corrine Road?
There are currently no comparable homes to 6 Corrine Road.
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