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Franklin Town 02038
9 Colt Rd
$480,000
● House - Off Market

9 Colt Rd

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,000 Ft²
$716,852
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

One of Franklin's most requested Neighborhoods Lovely 4 Bedroom  Colonial features  Granite and S.S Appliances ,Wood Burning Fireplace in Front to Back Living Room with Gleaming Hardwood ! Cathedral Ceiling in Family Room !Ample Closet Space . Finished Basement  with wall to wall .  New Energy Efficient Heating System,Beautiful Private Rear Yard great for the Summer  BBQ's. Minutes to Jefferson/Remington schools, commuter rail and most major routes. Franklin has been named one of the safest cities to live in. Low tax rates. NEW high school in 2014.** Seller is ready to go be in by August 30th!!!!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$244
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1964

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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: 4 months ago (MLSPIN #72514885)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Jun 7, 2019 Listed by Costello Realty $488,900
Listed by Costello Realty
Jan 30, 2007 Sold
Premium
Sold
Nov 17, 2006 Listed by Costello Realty $369,900
Listed by Costello Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 940
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,897
  • Total Building Area: 1,688
  • Gross Building Area: 2,809
  • Building Area: 1,688
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,688
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000388
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 22-075
  • District: 101
  • Parcel: FRAN M:327 L:061
  • Lot: 61
  • Municipality: FRANKLIN
  • Latitude: 42.0544
  • Longitude: -71.4298

    Address

  • Full Address: 9 Colt Rd
  • Address - House Number: 9
  • Address - Street Name: Colt
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: R006
  • 4-Digit Zip Code: 3319
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $662,100

    Appraisal Valuation

  • Standard Deviation: 0.1503
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 639,473
  • High Value: 735,612
  • Low Value: 543,334

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $561,600
  • Assessed Land Value: $243,000
  • Assessed Improvements Value: $318,600

    Sales

  • Current Sale Contract Date: Aug 23, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77797
  • Previous Sale Recording Date: Jan 30, 2007
  • Previous Sale Amount: $345,000
  • 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:

$699,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2029 ft²

Average Home Age

52.9 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: 4 months ago
Data Source: MLS PIN, MLS# 72514885

Frequently Asked Questions

When was property at 9 Colt Road built and last sold?
The property at 9 Colt Road was built in 1964 and last sold on Aug 23, 2019 for $480,000.
How much is this home worth?
The estimated value of the home located at 9 Colt Road is $498,044.
What are some comparable homes to 9 Colt Road?
There are currently no comparable homes to 9 Colt Road.
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