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Franklin Town 02038
1 Hemlock Ln
$765,000
● House - Off Market

1 Hemlock Ln

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,817 Ft²
$1,510,461
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Imagine a home with such attention to detail reserved for homes much higher priced.   Multiple rooms with coffered ceilings, six piece crown molding, chair railings, tray ceilings, floor to ceiling custom fireplace molding, transom windows, multiple french doors,  all found in this elegant brick colonial.  Granite kitchen, Viking cook top built in buffet, all the items you would expect. Master retreat has 2 generous walk in closets , a reading lounge and a bonus room used as exercise plus ample sitting area.  Separate office boast french doors, coffered ceiling, custom built in bookcases, and located in the front of the home for quiet. Realize this is the home you have been searching for. Stop looking and start packing
Unit Size
3,817 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$203
Property Type
House
Property Taxes
$771
HOA Dues
-
Year Built
2004

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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 #71565445)

Price History

Date / Event Date Event Price
Feb 16, 2021 Sold
Premium
Sold
Dec 28, 2020 Listed by Gibson Sotheby's International Realty $875,000
Listed by Gibson Sotheby's International Realty
Oct 21, 2013 Sold
Premium
Sold
Aug 6, 2013 Listed by Gibson Sotheby's International Realty $774,800
Listed by Gibson Sotheby's International Realty
Aug 29, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,700
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,043
  • Total Building Area: 3,625
  • Gross Building Area: 8,601
  • Building Area: 3,625
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,625
  • 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: 442103

Geography

  • Account Number: 116-023-A
  • Parcel: FRAN M:226 L:099
  • Lot: 99
  • Municipality: FRANKLIN
  • Latitude: 42.1167
  • Longitude: -71.4181

    Address

  • Full Address: 1 Hemlock Ln
  • Address - House Number: 1
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: R007
  • 4-Digit Zip Code: 4268
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,155,300

    Appraisal Valuation

  • Standard Deviation: 0.1518
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 1,115,196
  • High Value: 1,284,523
  • Low Value: 945,868

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $979,900
  • Assessed Land Value: $363,400
  • Assessed Improvements Value: $616,500

    Sales

  • Current Sale Contract Date: Feb 11, 2021
  • Current Sale Recording Date: Feb 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19867
  • Previous Sale Recording Date: Oct 21, 2013
  • Previous Sale Amount: $765,000
  • Previous Sale Document Type: O
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

$338

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2141 ft²

Average Home Age

52.5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71565445

Frequently Asked Questions

When was property at 1 Hemlock Lane built and last sold?
The property at 1 Hemlock Lane was built in 2004 and last sold on Feb 11, 2021 for $885,000.
How much is this home worth?
The estimated value of the home located at 1 Hemlock Lane is $890,673.
What are some comparable homes to 1 Hemlock Lane?
There are currently no comparable homes to 1 Hemlock Lane.
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