$496,133
●
Condo -
Off Market
62 Vail Drive #0
Franklin, MA 02038
2 Beds
3 Baths,
1
Half Bath
2,100 Ft²
$835,534
RealtyHop Estimate
85.67%
Since Apr 1, 2008
National-US
Primary Model
About This Property
Franklin's Active Adult Community, house depicted with custom
options, standard features include, first floor master bedroom
suite, hardwood and tile flooring, 2 story greatroom with gas log
fireplace, custom birch cabinets, granite kitchen counters,reserve
now for spring/summer delivery, flexible closing dates,fixed
interest rate lock-in until closing
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$214
Property Type
Condo
Property Taxes
-
HOA Dues
$300
Year Built
2007
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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: 5 years ago (MLSPIN #70483935)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2008 | Sold | ||
| Sold | |||
| Nov 1, 2006 | Listed by RE/MAX Executive Realty | $450,000 | |
| Listed by RE/MAX Executive Realty | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Interior Details
Level: First
Features: Flooring - Hardwood
Level: Second
Features: Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Hardwood
Level: First
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: First
Level: First
Features: Flooring - Hardwood
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Loft
Appliances: Range, Dishwasher, Disposal, Microwave, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
Laundry Features: Flooring - Stone/Ceramic Tile, First Floor
Rooms: 7
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: To Be Built
PropertySubType: Condominium
Building Name: The Villages At Oak Hill
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Parcel Number: 4666973
Water Source: Public, City/Town Water
Utilities Details
Utilities: for Electric Range, for Electric Dryer
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Private Sewer, Private Sewerage
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA Fee: $300
Community Features: Public Transportation, Shopping, Adult Community
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site, Developer Control
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/09/2009
|
2 Bed
|
3 Bath
|
2300 ft²
|
$429,900
2 Bed
3 Bath
2300 ft²
|
$419,900
-2.33%
06/03/2010
|
Diane Tlapa
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
11/01/2006
| |
2 Bed
|
3 Bath
|
2100 ft²
|
$450,000
2 Bed
3 Bath
2100 ft²
|
$496,133
+10.25%
03/17/2008
|
Paul Simolari
RE/MAX Executive Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017