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Franklin Town 02038
7 Rolling Ridge Rd
$446,000
● House - Off Market

7 Rolling Ridge Rd

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath
square feet
944 Ft²
$429,593
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Here's your chance to own this 3-bedroom Ranch style home located on a quiet street and is conveniently located near shopping centers and major highways! Along with hardwood floors through-out, (under carpets) you'll find a spacious kitchen with plenty of storage space opening to a light and bright sun-room overlooking a private backyard.  A large living room offers a gas fireplace, and the lower level provides a partially finished basement!  Additional Amenities include a 1-car garage, central air conditioning, newer heating system, vinyl windows & vinyl siding! Enjoy the outdoor space on the warm summer nights, it's the perfect setting to sit back, relax and enjoy!Highest and Best offer deadline by 6:00pm, Sunday May 29.
Unit Size
944 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$445
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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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: 4 months ago (MLSPIN #72987737)

Price History

Date / Event Date Event Price
Jul 11, 2022 Sold
Premium
Sold
May 26, 2022 Listed by Foundation Brokerage Group $419,900
Listed by Foundation Brokerage Group

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 912
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,191
  • Total Building Area: 944
  • Gross Building Area: 2,000
  • Building Area: 944
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 944
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000372
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442104

Geography

  • Account Number: 81-053
  • Parcel: FRAN M:271 L:052
  • Lot: 52
  • Municipality: FRANKLIN
  • Latitude: 42.0932
  • Longitude: -71.4247

    Address

  • Full Address: 7 Rolling Ridge Rd
  • Address - House Number: 7
  • Address - Street Name: Rolling Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C015
  • 4-Digit Zip Code: 3816
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $494,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1803
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 476,123
  • High Value: 561,981
  • Low Value: 390,264

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $419,700
  • Assessed Land Value: $242,800
  • Assessed Improvements Value: $176,900

    Sales

  • Current Sale Contract Date: Jul 11, 2022
  • Current Sale Recording Date: Jul 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61550
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

$337

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2076 ft²

Average Home Age

51.3 years

Currently For Sale

42 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72987737

Frequently Asked Questions

When was property at 7 Rolling Ridge Road built and last sold?
The property at 7 Rolling Ridge Road was built in 1958 and last sold on Jul 11, 2022 for $446,000.
How much is this home worth?
The estimated value of the home located at 7 Rolling Ridge Road is $421,231.
What are some comparable homes to 7 Rolling Ridge Road?
There are currently no comparable homes to 7 Rolling Ridge Road.
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