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Franklin Town 02038
68 Palomino Dr
$355,000
● House - Off Market

68 Palomino Dr

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,575 Ft²
$789,824
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

If privacy is what you're looking for, this is the house for you.Beautiful upgraded colonial on the outside perimeter of Dover Farms. So many upgrades-new kitchen cabinets w/self closures, quartz countertops and stainless steel appliances.  New western red cedar deck to enjoy the woods surrounding you.   Hardwoods through-out. Cedar walk in closet in master bedroom. Slider in dry basement - ready to be finished.Kennedy School District. East facing house. Extra insulation in attic & front bedroom
Unit Size
1,575 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$234
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1996

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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 #71376321)

Price History

Date / Event Date Event Price
Jul 31, 2012 Sold
Premium
Sold
May 2, 2012 Listed by Coldwell Banker Residential Brokerage - Franklin $367,900
Listed by Coldwell Banker Residential Brokerage - Franklin
Nov 19, 2001 Sold
Premium
Sold
Sep 21, 2001 Listed by Kensington Real Estate Brokerage $299,900
Listed by Kensington Real Estate Brokerage
ABSOLUTELY BEAUTIFUL-3 BEDROOM-2.5 BATH CONTEMPORARY COLONIAL IN DOVER FARMS- CENTRAL AIR-1 CAR GARAGE-FIREPLACE-HARDWOOD FLOORS- NEW BERBER CARPETS- FRESHLY PAINTED. SHOWS LIKE MODEL HOME.
Jun 22, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 764
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,382
  • Total Building Area: 1,575
  • Gross Building Area: 2,909
  • Building Area: 1,575
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,575
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000422
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 135-046-03
  • Parcel: FRAN M:211 L:020
  • Lot: 20
  • Municipality: FRANKLIN
  • Latitude: 42.1303
  • Longitude: -71.4411

    Address

  • Full Address: 68 Palomino Dr
  • Address - House Number: 68
  • Address - Street Name: Palomino
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C007
  • 4-Digit Zip Code: 4511
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $687,100

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 660,480
  • High Value: 771,548
  • Low Value: 549,411

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $582,800
  • Assessed Land Value: $222,300
  • Assessed Improvements Value: $360,500

    Sales

  • Current Sale Recording Date: Jul 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000009
  • Previous Sale Recording Date: Nov 19, 2001
  • Previous Sale Amount: $297,000
  • 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

$335

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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71376321

Frequently Asked Questions

When was property at 68 Palomino Drive built and last sold?
The property at 68 Palomino Drive was built in 1996 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 68 Palomino Drive is $376,459.
What are some comparable homes to 68 Palomino Drive?
There are currently no comparable homes to 68 Palomino Drive.
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