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Mason 48854
907 FRANKLIN FARM DR #0
$220,000
● House - Off Market

907 FRANKLIN FARM DR #0

Mason, MI 48854
bedrooms
3 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,382 Ft²
$315,325
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Welcome to Mason! Quiet neighborhood in a highly requested school district! - This two story home has been well maintained and is ready to move right in. Notable improvements include fresh interior paint and completely finished lower level with a half bath. The home offers 3 beds, 2 full baths, two ½ baths, open floor plan, large breakfast bar, complete kitchen appliance package, first floor laundry, formal dining that leads out to a deck overlooking the nicely manicured lawn that comes with a large play set for the kids. The setting is perfect for entertaining or those fun outdoor evenings. You'll love coming home to this gem with easy access to 127.
Unit Size
2,382 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$94
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
2003

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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: 3 years ago (MichRIC MLS #21090521)

Property Highlights

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 29
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 816
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,903
  • Lot Size Depth Feet: 1,910
  • Lot Size Frontage Feet: 937
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MASON
  • Land Acres: 0000000411
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: UNIT 36 FRANKLIN FARMS CONDOMINIUMS, SEC 8 T2N R1W, CITY OF MASON, INGHAM CO

Neighborhood

  • School District Name: Mason Public Schools
  • School Tax School District: 33130
  • Census Tract: 006302

Zoning

  • Zoning: RS2

Geography

  • District: 19-10
  • Section: 8
  • Parcel: 33-19-10-08-304-033
  • Meridian: SEC 08 TWN 02N RNG 01W
  • Municipality: MASON CITY
  • Latitude: 42.5725
  • Longitude: -84.4578

    Address

  • Full Address: 907 Franklin Farm Dr
  • Legal Unit: 36
  • Address - House Number: 907
  • Address - Street Name: Franklin Farm
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Mason
  • Carrier Code: R009
  • 4-Digit Zip Code: 9367
  • Zip Code: 48854

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $560,667

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 77
  • Final Value: 260,612
  • High Value: 306,580
  • Low Value: 214,644

    Market Valuation

  • Market Total Value: $208,760
  • Market Land Value: $58,320
  • Market Improvement Value: $150,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,380
  • Assessed Land Value: $29,160
  • Assessed Improvements Value: $75,220

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jun 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-020133
  • Previous Sale Recording Date: Jan 02, 2004
  • Previous Sale Contract Date: Dec 05, 2003
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: 20
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

About Mason

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$138

Above Asking

0.00%

Average Days on Market

36

Average Home Size

580 ft²

Average Home Age

142 years

Currently For Sale

1 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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MichRIC

Listed by: BRENT JOHNSON, C-21 Affiliated - Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21090521
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. 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 907 Franklin Farm Drive built and last sold?
The property at 907 Franklin Farm Drive was built in 2003 and last sold on Jun 19, 2020 for $220,000.
How much is this home worth?
The estimated value of the home located at 907 Franklin Farm Drive is $0.
What are some comparable homes to 907 Franklin Farm Drive?
There are currently no comparable homes to 907 Franklin Farm Drive.
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