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Franklin Town 02038
10 Matthew Drive
$601,000
● House - Off Market

10 Matthew Drive

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,024 Ft²
$821,842
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Upon entering this treasured Franklin neighborhood, one gets the feeling of Coming Home!  Sited on nearly one acre and setback from the road, there is a sense of both privacy and community.  Here's the perfect setting for extended walks through the neighborhood. Gorgeous backyard stonework leads you from the rear deck to the heated Inground pool.  View the grounds from the vaulted ceiling sunroom through walls of windows. Great size bedrooms, master suite with walk-in closet private bath. Corian countertops in kitchen and each full bath.  Lower level has home office setup as well as media room and playroom.
Unit Size
2,024 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$296
Property Type
House
Property Taxes
$607
HOA Dues
-
Year Built
1990

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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 #72696629)

Price History

Date / Event Date Event Price
Aug 28, 2020 Sold
Premium
Sold
Jul 21, 2020 Listed by Keller Williams Realty $600,000
Listed by Keller Williams Realty
Sep 21, 2001 Sold
Premium
Sold
Apr 29, 2001 Listed by Keller Williams Realty $394,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 40,001
  • Total Building Area: 2,024
  • Gross Building Area: 3,672
  • Building Area: 2,024
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,024
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442101

Geography

  • Account Number: 95-058
  • Parcel: FRAN M:248 L:014
  • Lot: 14
  • Municipality: FRANKLIN
  • Latitude: 42.0988
  • Longitude: -71.3757

    Address

  • Full Address: 10 Matthew Dr
  • Address - House Number: 10
  • Address - Street Name: Matthew
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C005
  • 4-Digit Zip Code: 1280
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $836,500

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 783,939
  • High Value: 915,769
  • Low Value: 652,109

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $709,500
  • Assessed Land Value: $366,000
  • Assessed Improvements Value: $343,500

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Aug 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 89162
  • Previous Sale Recording Date: Sep 21, 2001
  • Previous Sale Amount: $393,000
  • 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

$337

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2071 ft²

Average Home Age

50.8 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# 72696629

Frequently Asked Questions

When was property at 10 Matthew Drive built and last sold?
The property at 10 Matthew Drive was built in 1990 and last sold on Aug 25, 2020 for $601,000.
How much is this home worth?
The estimated value of the home located at 10 Matthew Drive is $599,192.
What are some comparable homes to 10 Matthew Drive?
There are currently no comparable homes to 10 Matthew Drive.
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