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Franklin Town 02038
81 Charles River Drive
$465,000
● House - Off Market

81 Charles River Drive

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,788 Ft²
$1,157,369
RealtyHop Estimate
147.57%
Since Sep 1, 2002
National-US
Primary Model

About This Property

STUNNING 9 RM. 4BR. COL. IN CHARLES RIVER FARMS SET BACK ON BEAUTIFULLY LANDSCAPED LOT. 9'CEILINGS ON 1ST FL. MASTER SUITE W/PRIVATE BATH & SITTING ROOM/OFFICE.FORMAL LR W/ FR. DOORS TO FAMILY RM. 2 CAR SE GAR. W/ STORAGE AREA. 24X16DECK
Unit Size
2,788 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$168
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1995

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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 months ago (MLSPIN #30599427)

Price History

Date / Event Date Event Price
Aug 30, 2002 Sold
Premium
Sold
Apr 21, 2002 Listed by Century 21 Westward Homes $467,500
Listed by Century 21 Westward Homes
Jul 13, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,064
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 30,043
  • Total Building Area: 3,560
  • Gross Building Area: 6,772
  • Building Area: 3,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,560
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 101-035
  • Parcel: FRAN M:241 L:006-001
  • Lot: 6-1
  • Municipality: FRANKLIN
  • Latitude: 42.1045
  • Longitude: -71.4125

    Address

  • Full Address: 81 Charles River Dr
  • Address - House Number: 81
  • Address - Street Name: Charles River
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C012
  • 4-Digit Zip Code: 4319
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,101,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1678
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 1,080,994
  • High Value: 1,262,390
  • Low Value: 899,598

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $934,500
  • Assessed Land Value: $363,400
  • Assessed Improvements Value: $571,100

    Sales

  • Current Sale Recording Date: Aug 30, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 150972
  • Previous Sale Recording Date: Jul 13, 1995
  • Previous Sale Amount: $286,864
  • 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

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2038 ft²

Average Home Age

51 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30599427

Frequently Asked Questions

When was property at 81 Charles River Drive built and last sold?
The property at 81 Charles River Drive was built in 1995 and last sold on Jan 1, 1970 for $465,000.
How much is this home worth?
The estimated value of the home located at 81 Charles River Drive is $492,010.
What are some comparable homes to 81 Charles River Drive?
There are currently no comparable homes to 81 Charles River Drive.
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