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Franklin Town 02038
6 Elm Street
$375,000
● House - Off Market

6 Elm Street

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,912 Ft²
$583,630
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

WELCOME TO THIS LOVELY CAPE STYLE HOME SET BACK ON PRETTY LARGE LOT FEATURING BEAUTIFUL AND BRIGHT NEWER CUSTOM  KITCHEN (2013)  W/ GORGEOUS WHITE MAPLE CABINETS, STAINLESS STEEL APPLIANCES, HARDWOOD FLOORS THRU-OUT ENTIRE FIRST FLOOR, 2 DECKS, OPEN  FAMILY ROOM W/ FIREPLACE,  OVERSIZED LIVING ROOM W/ BAY WINDOW, FRESH EXTERIOR PAINT ON BACK OF THE HOUSE,  NICE  FINISHED ROOM IN BASEMENT W/  WALK-OUT TO BACK YARD,  3 BEDROOMS AND 2 FULL UPDATED BATHS.  A CUTE HOME WITH LOTS OF CURB APPEAL. PUBLIC WATER AND PUBLIC SEWER. CLOSE TO PARK AND SCHOOL.
Unit Size
1,912 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$193
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
1989

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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 #72254590)

Price History

Date / Event Date Event Price
Jan 10, 2018 Sold
Premium
Sold
Nov 11, 2017 Listed by RE/MAX Executive Realty $369,900
Listed by RE/MAX Executive Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,719
  • Total Building Area: 1,512
  • Gross Building Area: 3,164
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKLIN
  • Land Acres: 0000000820
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 132-001-01
  • Parcel: FRAN M:219 L:023
  • Lot: 23
  • Municipality: FRANKLIN
  • Latitude: 42.1254
  • Longitude: -71.4005

    Address

  • Full Address: 6 Elm St
  • Address - House Number: 6
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: R002
  • 4-Digit Zip Code: 1504
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $642,200

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 614,313
  • High Value: 717,973
  • Low Value: 510,652

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $544,700
  • Assessed Land Value: $332,000
  • Assessed Improvements Value: $212,700

    Sales

  • Current Sale Recording Date: Jan 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2234
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

2076 ft²

Average Home Age

52.3 years

Currently For Sale

47 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# 72254590

Frequently Asked Questions

When was property at 6 Elm Street built and last sold?
The property at 6 Elm Street was built in 1989 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 6 Elm Street is $389,061.
What are some comparable homes to 6 Elm Street?
There are currently no comparable homes to 6 Elm Street.
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