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Franklin Town 02038
744 Washington St
$345,000
● House - Off Market

744 Washington St

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,508 Ft²
$513,042
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Second chance to this fantastic ranch in Franklin! Back on Market due to buyers financing falling through. Move right in to this beautiful home in the sought after Jefferson school district!  This ranch home features hardwood in the living room and all three bedrooms.  Take advantage of the extra space in the basement where you are sure to enjoy entertaining!  Relax in the spacious backyard on your patio, by the fire-pit or practice putting!  Over sized sheds provides plenty of room for storage.  Easy access to the highway, shopping, walking trails, playground and more!  Do not miss out!  Showings to begin Monday July 15th
Unit Size
1,508 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$232
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #72503771)

Price History

Date / Event Date Event Price
Aug 28, 2019 Sold
Premium
Sold
May 20, 2019 Listed by RE/MAX Real Estate Center $349,900
Listed by RE/MAX Real Estate Center
Jan 14, 2011 Sold
Premium
Sold
Oct 22, 2010 Listed by RE/MAX Real Estate Center $255,888
Listed by RE/MAX Real Estate Center

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,048
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,499
  • Total Building Area: 1,048
  • Gross Building Area: 2,732
  • Building Area: 1,048
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,048
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE GLEN ESTATES
  • Land Acres: 0000000356
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 22-056
  • Parcel: FRAN M:322 L:042
  • Lot: 42
  • Municipality: FRANKLIN
  • Latitude: 42.0559
  • Longitude: -71.4292

    Address

  • Full Address: 744 Washington St
  • Address - House Number: 744
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: R006
  • 4-Digit Zip Code: 3314
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $501,900

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 487,416
  • High Value: 569,989
  • Low Value: 404,843

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $425,700
  • Assessed Land Value: $242,600
  • Assessed Improvements Value: $183,100

    Sales

  • Current Sale Contract Date: Aug 27, 2019
  • Current Sale Recording Date: Aug 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76016
  • Previous Sale Recording Date: Jan 14, 2011
  • Previous Sale Amount: $240,000
  • 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:

$695,000

Sale Price/ft²

$335

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2022 ft²

Average Home Age

45.5 years

Currently For Sale

56 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# 72503771

Frequently Asked Questions

When was property at 744 Washington Street built and last sold?
The property at 744 Washington Street was built in 1963 and last sold on Aug 27, 2019 for $345,000.
How much is this home worth?
The estimated value of the home located at 744 Washington Street is $362,165.
What are some comparable homes to 744 Washington Street?
There are currently no comparable homes to 744 Washington Street.
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