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Franklin Town 02038
7 Thomas Drive
$512,000
● House - Off Market

7 Thomas Drive

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,016 Ft²
$745,813
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

WELCOME HOME TO THIS METICULOUS GAMBREL/COLONIAL STYLE HOME SITUATED IN A CUL-DE-SAC NEIGHBORHOOD~7 RMS/3 BEDROOMS/2 FULL BATHS/2 CAR GARAGE w/REMOTES~FINISHED BASEMENT AND BONUS OF A PRIVATE 3 SEASON SUNROOM OVERLOOKING THE PRISTINE FENCED IN BACK YARD~PROFESSIONALLY MANICURED LAWN w/NUMEROUS CUSTOM PLANTINGS THROUGHOUT~CUSTOM STONE BUILT FIRE PIT PATIO AREA ALONG w/OVERSIZED COMPOSITE DECK MAKING IT PERFECT FOR OUT DOOR ENTERTAINMENT AT ITS BEST~TOWN WATER~TOWN SEWER~NATURAL GAS~CENTRAL AIR~PRIVATE WELL FOR LAWN IRRIGATION SYSTEM~WOOD FLOORS THROUGHOUT~KITCHEN UPDATED w/WHITE CABINETS, GRANITE COUNTER~TILED BACK SPLASH~SS APPLIANCES~BREAKFAST BAR~BATHROOMS UPDATED~FRESH PAINT~NOTHING TO DO BUT BUY, PACK, AND MOVE IN~ENJOY THE HOLIDAYS IN YOUR NEW HOME~CALL TODAY!~
Unit Size
2,016 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$253
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1986

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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: 4 months ago (MLSPIN #72584211)

Price History

Date / Event Date Event Price
Dec 20, 2019 Sold
Premium
Sold
Oct 24, 2019 Listed by Carey Realty Group, Inc. $509,900
Listed by Carey Realty Group, Inc.
Oct 2, 2015 Sold
Premium
Sold
Aug 6, 2015 Listed by Carey Realty Group, Inc. $474,000
Listed by Carey Realty Group, Inc.
Dec 15, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 40,537
  • Total Building Area: 1,685
  • Gross Building Area: 3,828
  • Building Area: 1,685
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,685
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000931
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 107-176-11
  • Parcel: FRAN M:236 L:019
  • Lot: 19
  • Municipality: FRANKLIN
  • Latitude: 42.1114
  • Longitude: -71.432

    Address

  • Full Address: 7 Thomas Dr
  • Address - House Number: 7
  • Address - Street Name: Thomas
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C013
  • 4-Digit Zip Code: 2766
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $748,400

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 690,690
  • High Value: 806,839
  • Low Value: 574,542

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $634,800
  • Assessed Land Value: $334,400
  • Assessed Improvements Value: $300,400

    Sales

  • Current Sale Contract Date: Dec 13, 2019
  • Current Sale Recording Date: Dec 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 120721
  • Previous Sale Recording Date: Oct 02, 2015
  • Previous Sale Amount: $474,000
  • Previous Sale Document Type: O
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

52

Average Home Size

2071 ft²

Average Home Age

50.8 years

Currently For Sale

46 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72584211

Frequently Asked Questions

When was property at 7 Thomas Drive built and last sold?
The property at 7 Thomas Drive was built in 1986 and last sold on Dec 13, 2019 for $512,000.
How much is this home worth?
The estimated value of the home located at 7 Thomas Drive is $523,981.
What are some comparable homes to 7 Thomas Drive?
There are currently no comparable homes to 7 Thomas Drive.
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