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Franklin Town 02038
12 Penny Ln
$619,900
● House - Off Market

12 Penny Ln

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,273 Ft²
$1,417,416
RealtyHop Estimate
128.65%
Since Mar 1, 2012
National-US
Primary Model

About This Property

NEW Fantastic Colonial is UP & Ready-  Great design! 2 story Foyer, 1st floor office, 9 ft ceilings, Oak floors in Dining room, Living room, foyer, and Kitchen. Custom Maple Kitchen with Double wall oven, electric Cook Top, Microwave, Dishwasher, Garbage disposal, granite counters with center island. Huge skylit Family room with propane gas Fireplace, 2nd floor Laundry, great Master Suite with soaking tub, double vanity, 4 ft Shower, and custom closet. Framed Play room in basement.
Unit Size
3,273 Ft²
Days on Market
-
Land Size
1.83 acres
Price per sqft
$189
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2010

Payment Calculator

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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: 5 months ago (MLSPIN #70986246)

Price History

Date / Event Date Event Price
Feb 22, 2012 Sold
Premium
Sold
Oct 7, 2009 Listed by Coldwell Banker Residential Brokerage - Westwood $619,900
Listed by Coldwell Banker Residential Brokerage - Westwood

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 19
  • 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: 1,674
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 80,107
  • Total Building Area: 3,198
  • Gross Building Area: 5,816
  • Building Area: 3,198
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,198
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001839
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 57-165
  • Parcel: FRAN M:297 L:206
  • Lot: 206
  • Municipality: FRANKLIN
  • Latitude: 42.0722
  • Longitude: -71.3897

    Address

  • Full Address: 12 Penny Ln
  • Address - House Number: 12
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C002
  • 4-Digit Zip Code: 2383
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,211,300

    Appraisal Valuation

  • Standard Deviation: 0.1518
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 1,155,268
  • High Value: 1,330,680
  • Low Value: 979,856

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,027,400
  • Assessed Land Value: $390,400
  • Assessed Improvements Value: $637,000

    Sales

  • Current Sale Recording Date: Feb 22, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
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:

$695,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2043 ft²

Average Home Age

46 years

Currently For Sale

56 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70986246

Frequently Asked Questions

When was property at 12 Penny Lane built and last sold?
The property at 12 Penny Lane was built in 2010 and last sold on Jan 1, 1970 for $619,900.
How much is this home worth?
The estimated value of the home located at 12 Penny Lane is $648,139.
What are some comparable homes to 12 Penny Lane?
There are currently no comparable homes to 12 Penny Lane.
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