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Franklin 03235
901 Central Street
Listed by: Todd Koss, Lillian Montalto Signature Properties, Selling Office: Lillian Montalto Signature Properties, Listing Courtesy of Prime MLS
$593,000
● Land - Off Market

901 Central Street

Franklin, NH 03235
bedrooms
Studio
bathrooms
0 Bath
$620,347
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

1.68 acre prime lot, ready for development on Central Street in Franklin.  Surrounded by mix of new development, retail and commercial.  Approx. 3 miles to 93.    Multiple uses by right, and additional use by special permit.
Unit Size
-
Days on Market
-
Land Size
1.68 acres
Price per sqft
-
Property Type
Land
Property Taxes
$996
HOA Dues
-
Year Built
1950

Payment Calculator (Computations Provided by RealtyHop)

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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: 3 years ago (Prime MLS #4845605)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jan 29, 2021 Listed by Lillian Montalto Signature Properties $600,000
Listed by Lillian Montalto Signature Properties
Jun 13, 2012 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 73,181
  • Total Building Area: 7,675
  • Gross Building Area: 17,394
  • Building Area: 7,675
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 7,675
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000001680
  • Standard Land Use Code: 2043
  • County Land Use Code: 347
  • Legal Description 1: M:148 B:015 L:2; REST/BAR

Neighborhood

  • School District Name: Franklin School District
  • School Tax School District: FRANKLIN
  • Census Tract: 043001

Zoning

  • Zoning: B1W&S

Geography

  • District: FRKN
  • Parcel: FRKN M:148 B:015 L:2
  • Block: 15
  • Lot: 2
  • Municipality: FRANKLIN
  • Latitude: 43.4463
  • Longitude: -71.6257

    Address

  • Full Address: 901 Central St
  • Address - House Number: 901
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: NH
  • City Name: Franklin
  • Carrier Code: R004
  • 4-Digit Zip Code: 2049
  • Zip Code: 03235

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,276,300
  • Initial Tax Delinquent Year: 2020

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $523,300
  • Assessed Land Value: $135,500
  • Assessed Improvements Value: $387,800

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202200016858
  • Previous Sale Recording Date: Jun 13, 2012
  • Previous Sale Amount: $605,000
  • Previous Sale Document Type: 71
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:

$381,000

Sale Price/ft²

$165

Below Asking

0.03%

Average Days on Market

75

Average Home Size

2946 ft²

Average Home Age

84.8 years

Currently For Sale

33 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

Unit for rent at 97 Franklin, Franklin, 03235

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 949 ft²
97 Franklin #C, Franklin, 03235 Listing by Katelyn Nash

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Todd Koss, Lillian Montalto Signature Properties
Last Updated Date: 2022-09-01
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4845605
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 901 Central Street built and last sold?
The property at 901 Central Street was built in 1950 and last sold on Aug 31, 2022 for $593,000.
How much is this home worth?
The estimated value of the home located at 901 Central Street is $606,000.
What are some comparable homes to 901 Central Street?
There are currently no comparable homes to 901 Central Street.
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