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Franklin Town 02038
603 Union Street
Photo of 603 Union Street
Sold on Aug 25, 2006

1

Map

$403,750
● House - Off Market

603 Union Street

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,650 Ft²
$699,766
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

Beautiful young colonial*Meticulously cared for*Great commuter location*Freshly painted*Formal living room and dining room with hardwood floors*Family room with fireplace and hardwood floors. Bright open kitchen. Move right in nothing to do but enjoy. This home is mint.
Unit Size
1,650 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$251
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1995

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70391503)

Price History

Date / Event Date Event Price
Aug 25, 2006 Sold
Premium
Sold
May 19, 2006 Listed $414,900
Listed
Apr 29, 2002 Sold
Premium
Sold
Feb 9, 2002 Listed $289,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 834
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,107
  • Total Building Area: 1,650
  • Gross Building Area: 3,210
  • Building Area: 1,650
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,650
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKLIN
  • Land Acres: 0000000462
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442204

Geography

  • Account Number: 49-083
  • Parcel: FRAN M:303 L:063
  • Lot: 63
  • Municipality: FRANKLIN
  • Latitude: 42.068
  • Longitude: -71.4001

    Address

  • Full Address: 603 Union St
  • Address - House Number: 603
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C014
  • 4-Digit Zip Code: 2461
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $601,900

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 650,844
  • High Value: 760,292
  • Low Value: 541,396

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $510,500
  • Assessed Land Value: $237,800
  • Assessed Improvements Value: $272,700

    Sales

  • Current Sale Recording Date: Aug 25, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 124217
  • Previous Sale Recording Date: Apr 29, 2002
  • Previous Sale Amount: $283,000
  • 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:

$695,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2043 ft²

Average Home Age

46 years

Currently For Sale

56 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70391503

Frequently Asked Questions

When was property at 603 Union Street built and last sold?
The property at 603 Union Street was built in 1995 and last sold on Jan 1, 1970 for $403,750.
How much is this home worth?
The estimated value of the home located at 603 Union Street is $420,772.
What are some comparable homes to 603 Union Street?
There are currently no comparable homes to 603 Union Street.
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