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Franklin Town 02038
723 Washington Street
$397,000
● House - Off Market

723 Washington Street

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,011 Ft²
$973,262
RealtyHop Estimate
143.38%
Since Jan 1, 2003
National-US
Primary Model

About This Property

YNG COL PRIVATELY SET ON .95 ACRES ABUTTING SMALL CUL-DE-SAC NGHBD. CTILE FOYER, HWD DR W/WALKOUT BAY, FP FR, C/A, 2 C ATT GAR, SEC. SYS, 1ST FLR LAUNDRY, NEWLY FIN. BSMT WITH APPROX. 500SF OF ADD. SPACE -  WELL MAINTAINED HOME!
Unit Size
2,011 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$199
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1997

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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: 6 months ago (MLSPIN #30644152)

Price History

Date / Event Date Event Price
Dec 27, 2002 Sold
Premium
Sold
Sep 9, 2002 Listed by Century 21 Westward Homes $399,900
Listed by Century 21 Westward Homes
Nov 3, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,009
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,386
  • Total Building Area: 2,011
  • Gross Building Area: 3,695
  • Building Area: 2,011
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,011
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKLIN
  • Land Acres: 0000000950
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 22-008-03
  • Parcel: FRAN M:322 L:013
  • Lot: 13
  • Municipality: FRANKLIN
  • Latitude: 42.0564
  • Longitude: -71.4257

    Address

  • Full Address: 723 Washington St
  • Address - House Number: 723
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: R006
  • 4-Digit Zip Code: 3350
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $755,300

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 733,850
  • High Value: 851,378
  • Low Value: 616,322

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $640,600
  • Assessed Land Value: $249,100
  • Assessed Improvements Value: $391,500

    Sales

  • Current Sale Recording Date: Dec 27, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 240417
  • Previous Sale Recording Date: Nov 03, 1997
  • Previous Sale Amount: $219,900
  • 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

$333

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1993 ft²

Average Home Age

46.7 years

Currently For Sale

65 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: 6 months ago
Data Source: MLS PIN, MLS# 30644152

Frequently Asked Questions

When was property at 723 Washington Street built and last sold?
The property at 723 Washington Street was built in 1997 and last sold on Jan 1, 1970 for $397,000.
How much is this home worth?
The estimated value of the home located at 723 Washington Street is $419,235.
What are some comparable homes to 723 Washington Street?
There are currently no comparable homes to 723 Washington Street.
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