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Franklin Town 02038
615 Old Farm Road
Photo of 615 Old Farm Road
Sold on May 30, 2008

1

Map

$535,000
● House - Off Market

615 Old Farm Road

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,220 Ft²
$1,025,804
RealtyHop Estimate
86.54%
Since Jun 1, 2008
National-US
Primary Model

About This Property

Beautiful colonial in sought after Meadowbrook Estates! Professionally decorated wall colors & curtains. Granite counters & new st. steel appliances. French doors & built-ins frame a bright, sunny formal living room w/large bay window. Great bedroom sizes. Finished walkout basement freshly painted w/new carpet is extremely versatile: playroom, workout area/media room. French doors separates the playrm from an office. An oversized deck overlooks a level grassy backyard.
Unit Size
3,220 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$171
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
1999

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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: 6 months ago (MLSPIN #70698102)

Price History

Date / Event Date Event Price
Jun 2, 2008 Sold
Premium
Sold
Jan 16, 2008 Listed $549,900
Listed
Sep 30, 2005 Sold
Premium
Sold
Jul 14, 2005 Listed $599,900
Listed
Mar 1, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,250
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,241
  • Total Building Area: 2,699
  • Gross Building Area: 5,180
  • Building Area: 2,699
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,699
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 30347F
  • Land Acres: 0000000556
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442101

Geography

  • Account Number: 103-079
  • Parcel: FRAN M:244 L:141
  • Lot: 141
  • Municipality: FRANKLIN
  • Latitude: 42.1052
  • Longitude: -71.3828

    Address

  • Full Address: 615 Old Farm Rd
  • Address - House Number: 615
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C021
  • 4-Digit Zip Code: 1137
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $872,100

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 874,128
  • High Value: 1,014,122
  • Low Value: 734,133

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $739,700
  • Assessed Land Value: $328,300
  • Assessed Improvements Value: $411,400

    Sales

  • Current Sale Recording Date: Jun 02, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 171204
  • Previous Sale Recording Date: Sep 30, 2005
  • Previous Sale Amount: $599,900
  • Previous Sale Document Type: 48
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

$333

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1993 ft²

Average Home Age

46.7 years

Currently For Sale

65 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: 6 months ago
Data Source: MLS PIN, MLS# 70698102

Frequently Asked Questions

When was property at 615 Old Farm Road built and last sold?
The property at 615 Old Farm Road was built in 1999 and last sold on Jan 1, 1970 for $535,000.
How much is this home worth?
The estimated value of the home located at 615 Old Farm Road is $592,319.
What are some comparable homes to 615 Old Farm Road?
There are currently no comparable homes to 615 Old Farm Road.
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