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Franklin Town 02038
701 Oak Street
$510,000
● House - Off Market

701 Oak Street

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,162 Ft²
$567,032
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

~~~Located in perfect location a mile away from highways/ shopping areas and many good schools~~~ Beautiful kitchen with natural white cabinets along with beautiful quartz island and modern tile floor/ recess lightings ~~~ refinished hardwood flooring~~~ Fireplace in living room~ ~~ Family room has a skylight/ woodstove for all season/ over looking to the huge deck &private backyard/ over half acres land~~~ Master bedroom on first floor with a brand new tiled shower~~~ and 2 other bedrooms are on second floor with another full bath has a good size. Lower level finished for even more spaces of relaxation. City water/sewer~~~ New plumbing system, updated electrical and updated forced air/gas heat. MOVE IN READY HOME
Unit Size
2,162 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$231
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1959

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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 years ago (MLSPIN #72871009)

Price History

Date / Event Date Event Price
Sep 15, 2021 Sold
Premium
Sold
Jul 24, 2021 Listed by Keller Williams Elite $499,500
Listed by Keller Williams Elite
Apr 1, 2021 Sold
Premium
Sold
Mar 21, 1997 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 22,455
  • Total Building Area: 1,788
  • Gross Building Area: 3,522
  • Building Area: 1,788
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,788
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000515
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 99-100
  • Parcel: FRAN M:240 L:182
  • Lot: 182
  • Municipality: FRANKLIN
  • Latitude: 42.1044
  • Longitude: -71.4275

    Address

  • Full Address: 701 Oak St
  • Address - House Number: 701
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C012
  • 4-Digit Zip Code: 2854
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $620,300

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 620,897
  • High Value: 725,309
  • Low Value: 516,485

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $526,100
  • Assessed Land Value: $238,400
  • Assessed Improvements Value: $287,700

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 119705
  • Previous Sale Recording Date: Apr 01, 2021
  • Previous Sale Contract Date: Feb 03, 2021
  • Previous Sale Amount: $306,133
  • Previous Sale Document Type: 34
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:

$692,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2053 ft²

Average Home Age

47.1 years

Currently For Sale

57 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: 5 years ago
Data Source: MLS PIN, MLS# 72871009

Frequently Asked Questions

When was property at 701 Oak Street built and last sold?
The property at 701 Oak Street was built in 1959 and last sold on Sep 15, 2021 for $510,000.
How much is this home worth?
The estimated value of the home located at 701 Oak Street is $0.
What are some comparable homes to 701 Oak Street?
There are currently no comparable homes to 701 Oak Street.
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