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Franklin Town 02038
7 Stanford Road
Photo of 7 Stanford Road
Sold on Apr 29, 2011

1

Map

$328,500
● House - Off Market

7 Stanford Road

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,740 Ft²
$749,680
RealtyHop Estimate
120.82%
Since May 1, 2011
National-US
Primary Model

About This Property

Enjoy all the upgrades this newly renovated home has to offer. Granite countertops and new appliances, compliment the new maple cabinets and tile floor. Gleaming wood floors enhance every room. Two cozy fireplaces and a great enclosed porch provide year round enjoyment. Plenty of light enters through the large picture windows in the living, dining, & family rooms. Freshly painted rooms, stunning new baths & a separate office area complete the package.  Better hurry!
Unit Size
1,740 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$195
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1965

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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 #71198439)

Price History

Date / Event Date Event Price
Jan 8, 2021 Sold
Premium
Sold
Nov 18, 2020 Listed by ERA Key Realty Services $425,000
Listed by ERA Key Realty Services
Apr 29, 2011 Sold
Premium
Sold
Mar 10, 2011 Listed by ERA Key Realty Services $339,500
Listed by ERA Key Realty Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,116
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,214
  • Gross Building Area: 2,582
  • Building Area: 1,214
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,214
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442201

Geography

  • Account Number: 22-032
  • Parcel: FRAN M:327 L:026
  • Lot: 26
  • Municipality: FRANKLIN
  • Latitude: 42.0544
  • Longitude: -71.4273

    Address

  • Full Address: 7 Stanford Rd
  • Address - House Number: 7
  • Address - Street Name: Stanford
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: R006
  • 4-Digit Zip Code: 3305
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $645,400

    Appraisal Valuation

  • Standard Deviation: 0.1563
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 581,544
  • High Value: 672,454
  • Low Value: 490,635

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $547,400
  • Assessed Land Value: $242,500
  • Assessed Improvements Value: $304,900

    Sales

  • Current Sale Contract Date: Jan 07, 2021
  • Current Sale Recording Date: Jan 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2864
  • Previous Sale Recording Date: Apr 29, 2011
  • Previous Sale Amount: $328,500
  • 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:

$699,000

Sale Price/ft²

$338

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2149 ft²

Average Home Age

53.2 years

Currently For Sale

45 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# 71198439

Frequently Asked Questions

When was property at 7 Stanford Road built and last sold?
The property at 7 Stanford Road was built in 1965 and last sold on Jan 7, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 7 Stanford Road is $0.
What are some comparable homes to 7 Stanford Road?
There are currently no comparable homes to 7 Stanford Road.
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