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Franklin Town 02038
10 Red Gate Lane
$516,000
● House - Off Market

10 Red Gate Lane

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,033 Ft²
$1,157,128
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

Cooks Farm Classic with upgrades! Completely glassed sunroom anchors1st flr w/awesome backyrd views-open up french doors to private exterior hot tub! Bright ctr island kitchen w/new SS appliances opens up to front/back family room w/fireplace & eating area! Lounge & Relax in Spacious 2nd flr mstr bdrm w/enclosed jacuzzi flanked by rays of sunshine!  Finished LL for addt'l family space! Beautiful exterior lot w/many recent updates!
Unit Size
3,033 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$177
Property Type
House
Property Taxes
$607
HOA Dues
-
Year Built
1997

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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: 4 months ago (MLSPIN #71419229)

Price History

Date / Event Date Event Price
Dec 21, 2012 Sold
Premium
Sold
Aug 6, 2012 Listed by Coldwell Banker Residential Brokerage - Franklin $537,500
Listed by Coldwell Banker Residential Brokerage - Franklin
Oct 15, 1999 Sold
Premium
Sold
Aug 16, 1999 Listed by Costello Realty $359,900
Listed by Costello Realty
YOUNG CUSTOM BUILT HOME, SHOWS BEAUTIFULLY, MANY UPGRADES. TILED KITCHEN W/ISLAND, 2 OVENS & MAPLE CABINETS. DINING RM WITH HARDWOOD, TRIM PKAGE & BUILT IN HUTCH. CENTRAL AIR, CENTRAL VAC.ALARM SYS.PATTERNED TILED BATHS.CLOSET OVER GAR.
Apr 17, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • 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: 1,141
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,165
  • Total Building Area: 2,989
  • Gross Building Area: 5,083
  • Building Area: 2,989
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,989
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COOKS FARM ESTATES
  • Land Acres: 0000000738
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 59-007-02
  • Parcel: FRAN M:284 L:032
  • Lot: 32
  • Municipality: FRANKLIN
  • Latitude: 42.0777
  • Longitude: -71.3717

    Address

  • Full Address: 10 Red Gate Ln
  • Address - House Number: 10
  • Address - Street Name: Red Gate
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C018
  • 4-Digit Zip Code: 1366
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,042,500

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 967,266
  • High Value: 1,131,129
  • Low Value: 803,404

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $884,200
  • Assessed Land Value: $375,400
  • Assessed Improvements Value: $508,800

    Sales

  • Current Sale Recording Date: Dec 21, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000015
  • Previous Sale Recording Date: Apr 17, 1997
  • Previous Sale Amount: $90,000
  • 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

$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# 71419229

Frequently Asked Questions

When was property at 10 Red Gate Lane built and last sold?
The property at 10 Red Gate Lane was built in 1997 and last sold on Jan 1, 1970 for $516,000.
How much is this home worth?
The estimated value of the home located at 10 Red Gate Lane is $562,975.
What are some comparable homes to 10 Red Gate Lane?
There are currently no comparable homes to 10 Red Gate Lane.
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