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Franklin Town 02038
649 Old Farm Road
$520,000
● House - Off Market

649 Old Farm Road

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,900 Ft²
$1,037,525
RealtyHop Estimate
95.80%
Since Dec 1, 2004
National-US
Primary Model

About This Property

READY FOR QUICK DELIVERY! NEW COLONIAL 8 RMS,2.5 BATHS,CUSTOM HANDMADE CABINET KIT, GRANITE COUNTERS,9 FT CEILING 1ST FLR,CEN VAC/AIR 1 ZONE,CONCRETE WALK HDWD WAINSCOTING, CHAIR RAIL, CEILING MOLDINGS IN LR & DR.JACUZZI IN PRIVATE MASTER SUITE.MORE!
Unit Size
2,900 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$183
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004

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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 #30736528)

Price History

Date / Event Date Event Price
Nov 29, 2004 Sold
Premium
Sold
Jun 19, 2003 Listed by Lewis Golding Real Estate $529,900
Listed by Lewis Golding Real Estate
READY FOR QUICK DELIVERY! NEW COLONIAL 8 RMS,2.5 BATHS,CUSTOM HANDMADE CABINET KIT, GRANITE COUNTERS,9 FT CEILING 1ST FLR,CEN VAC/AIR 1 ZONE,CONCRETE WALK HDWD WAINSCOTING, CHAIR RAIL, CEILING MOLDINGS IN LR & DR.JACUZZI IN PRIVATE MASTER SUITE.MORE!

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • 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: 21
  • 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: 2
  • Basement Area: 1,239
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,700
  • Total Building Area: 2,774
  • Gross Building Area: 5,095
  • Building Area: 2,774
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,774
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWBROOK ESTATES
  • Land Acres: 0000000751
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 111-080
  • Parcel: FRAN M:244 L:134
  • Lot: 134
  • Municipality: FRANKLIN
  • Latitude: 42.1077
  • Longitude: -71.3844

    Address

  • Full Address: 649 Old Farm Rd
  • Address - House Number: 649
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C021
  • 4-Digit Zip Code: 1197
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $861,800

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 882,870
  • High Value: 1,023,854
  • Low Value: 741,886

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $731,000
  • Assessed Land Value: $314,500
  • Assessed Improvements Value: $416,500

    Sales

  • Current Sale Recording Date: Nov 29, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 158992
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# 30736528

Frequently Asked Questions

When was property at 649 Old Farm Road built and last sold?
The property at 649 Old Farm Road was built in 2004 and last sold on Jan 1, 1970 for $520,000.
How much is this home worth?
The estimated value of the home located at 649 Old Farm Road is $558,845.
What are some comparable homes to 649 Old Farm Road?
There are currently no comparable homes to 649 Old Farm Road.
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