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587 Oak St

Franklin, MA 02038

4 bd 1 ba 1,228 sqft Built 1940 Lot 14,375 sqft single_family
Most recent sale
$440,000
Apr 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 20, 2022 Sold $440,000 MLS #72945739
Mar 11, 2022 Relisted $429,000 MLS #72945739
Feb 24, 2022 Listed $429,000 MLS #72945739
Jul 14, 2004 Sold $350,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $207,100 $236,300 $443,400 $5,152
2024 $186,100 $236,300 $422,400 $4,980
2023 $163,200 $258,000 $421,200 $5,299
2022 $142,700 $196,900 $339,600 $4,771
2021 $108,800 $205,100 $313,900 $4,599
2020 $103,100 $206,900 $310,000 $4,498
2019 $103,100 $181,500 $284,600 $4,172
2018 $91,600 $185,100 $276,700 $4,054
2017 $91,600 $181,500 $273,100 $3,982
2016 $78,000 $188,500 $266,500 $3,864
2015 $78,000 $170,300 $248,300 $3,685
2014 $78,000 $165,300 $243,300 $3,516
2006 $85,600 $200,300 $285,900 $2,579
2005 $78,700 $170,300 $249,000 $2,283
2004 $81,100 $114,500 $195,600 $2,159
2003 $78,900 $114,500 $193,400 $2,141

Property facts

Year built
1940
Property type
single_family
Stories
Beds
4
Baths
1
Living area
1,228 sqft
Lot size
14,375 sqft
ZIP code
02038
City
Franklin
Street
Oak St
Coordinates
42.10242, -71.42188

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,561
Gross rental yield
9.71%
Implied cap rate
6.31%
Trend-extrapolated value

Frequently asked questions

When did 587 Oak St last sell?
587 Oak St most recently sold on Apr 20, 2022 for $440,000.
What is the current tax assessment for 587 Oak St?
The most recent total assessment for 587 Oak St (year 2025) is $443,400 with $5,152 in property tax.
How does 587 Oak St's assessment compare to its last sale price?
The current assessment is 0.8% above the last sale price of $440,000.
When was 587 Oak St built?
587 Oak St was built in 1940.
How does 587 Oak St compare to others on Oak St?
We track 8 other properties on Oak St. Browse the list under "Other properties on Oak St" to compare beds, baths, and sale history.
What are the property facts for 587 Oak St?
587 Oak St is a 4 bed, 1 bath, 1,228 sqft, 14,375 sqft lot single_family.
Is 587 Oak St a flip candidate?
No — 587 Oak St does not appear in our flips dataset.
Is 587 Oak St a tax-appeal candidate?
No — 587 Oak St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.3%
Implied 1-yr
-9.1%
2026 Q3
$538.6K
2026 Q4
$524.2K
ZIP 02038 — Median Price History + Forecast

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