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Franklin 01364
78 Chestnut Hill Road
$129,000
● Land - Off Market

78 Chestnut Hill Road

Orange, MA 01364
bedrooms
Studio
bathrooms
0 Bath
$266,192
RealtyHop Estimate
68.48%
Since Aug 1, 2006
National-US
Primary Model

About This Property

LARGE PARCEL OF LAND WITH APPROXIMATELY 800 FT OF FRONTAGE. COUNTRY SETTING. WOULD BE IDEAL AS FARM FOR HORSES, OR OTHER FARM ANIMALS. 2 OUTBUILDINGS ON PROPERTY.
Unit Size
-
Days on Market
-
Land Size
47.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$110
HOA Dues
-
Year Built
1900

Payment Calculator

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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 #30664258)

Price History

Date / Event Date Event Price
Jul 20, 2006 Sold
Premium
Sold
Nov 1, 2002 Listed by Burbank Real Estate $158,000
Listed by Burbank Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 1,044
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,254,666
  • Total Building Area: 1,842
  • Gross Building Area: 5,008
  • Building Area: 1,842
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,842
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000051760
  • Standard Land Use Code: 1008
  • County Land Use Code: 016

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • School Tax School District: ORANGE SD
  • School Tax District Code 2: RALPH C MAHAR
  • Census Tract: 040502

Zoning

  • Zoning: D

Geography

  • Account Number: 2757
  • Parcel: ORAN M:0248 B:0000 L:00014
  • Lot: 14
  • Municipality: ORANGE
  • Latitude: 42.563
  • Longitude: -72.3394

    Address

  • Full Address: 78 Chestnut Hill Rd
  • Address - House Number: 78
  • Address - Street Name: Chestnut Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Orange
  • Carrier Code: R001
  • 4-Digit Zip Code: 9305
  • Zip Code: 01364

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $669,500

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 419,290
  • High Value: 509,569
  • Low Value: 329,012

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $383,913
  • Assessed Land Value: $41,613
  • Assessed Improvements Value: $342,300
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

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2166 ft²

Average Home Age

93.4 years

Currently For Sale

160 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 months ago
Data Source: MLS PIN, MLS# 30664258

Frequently Asked Questions

When was property at 78 Chestnut Hill Road built and last sold?
The property at 78 Chestnut Hill Road was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 78 Chestnut Hill Road is $159,580.
What are some comparable homes to 78 Chestnut Hill Road?
There are currently no comparable homes to 78 Chestnut Hill Road.
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