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Franklin Town 02038
10 Pearly Lane
$500,000
● House - Off Market

10 Pearly Lane

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,265 Ft²
$932,980
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Sellers will entertain offers between $499,900 and $525,000.  WELCOME HOME! Great Colonial in much desired neighborhood. New furnace, water heater, and Carpeting. Granite countertops in Kitchen with all new stainless appliances, updated bathrooms with granite countertops.  Recently painted inside and out. Fireplace in family room with Vermont casting insert. Wood burning stove in spacious family room and another gas stove in master bedroom.  GLA does not include finished basement, which also has plenty of organized storage and workbench area.  Professionally landscaped private yard with koi pond, sprinkler system by well water, fire pit  and an expansive 2 tiered deck. 3 car garage ready for the car enthusiast! Central Air and Alarm system.  A must see!
Unit Size
3,265 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$153
Property Type
House
Property Taxes
$618
HOA Dues
-
Year Built
1992

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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 #71725919)

Price History

Date / Event Date Event Price
Nov 21, 2014 Sold
Premium
Sold
Aug 7, 2014 Listed by Century 21 Commonwealth $499,900
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • 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: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,664
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,639
  • Total Building Area: 3,156
  • Gross Building Area: 6,614
  • Building Area: 3,156
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,156
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000956
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442203

Geography

  • Account Number: 69-007-09
  • Parcel: FRAN M:282 L:005
  • Lot: 5
  • Municipality: FRANKLIN
  • Latitude: 42.0836
  • Longitude: -71.3657

    Address

  • Full Address: 10 Pearly Ln
  • Address - House Number: 10
  • Address - Street Name: Pearly
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C018
  • 4-Digit Zip Code: 1285
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,098,000

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 973,448
  • High Value: 1,137,130
  • Low Value: 809,766

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $931,300
  • Assessed Land Value: $362,700
  • Assessed Improvements Value: $568,600

    Sales

  • Current Sale Recording Date: Nov 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1318602
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

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2076 ft²

Average Home Age

52.3 years

Currently For Sale

47 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71725919

Frequently Asked Questions

When was property at 10 Pearly Lane built and last sold?
The property at 10 Pearly Lane was built in 1992 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 10 Pearly Lane is $532,391.
What are some comparable homes to 10 Pearly Lane?
There are currently no comparable homes to 10 Pearly Lane.
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