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Franklin Town 02038
13 Michelles Way
Photo of 13 Michelles Way

1

Map

$439,999
● House - Off Market

13 Michelles Way

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,550 Ft²
$2,612
Est. Monthly

About This Property

Fabulous Expanded Cape on Cul-De-Sac-great Neighborhd. Cabinet Packed Eat In Kitchen w/Tile; Thermador & Bosch SS appl, new micro; Huge Front to Back Fireplacd Fam Rm; Beaut 3+ season rm w/elec heat; Great For Entertaining! CentralAir, Beaut Hardwd Flrs; Newer addition 1st Flr Mstr Bdrm Suite w/Gas Firepl; WalkIn Closet & Full bath w/whirlpl tub; 20+ apple trees on 1+Acre Private lot w/well for irrig; abuts Apple Orchard. Huge basement w/workshop; French Drain, Alarm & MORE. Wow! A Must See!!!
Unit Size
2,550 Ft²
Days on Market
-
Land Size
1.39 acres
Price per sqft
$173
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1996

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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: 3 months ago (MLSPIN #71204208)

Price History

Date / Event Date Event Price
May 29, 2015 Sold
Premium
Sold
Mar 24, 2015 Listed by RE/MAX Real Estate Center $419,900
Listed by RE/MAX Real Estate Center
Mar 23, 2011 Listed by RE/MAX Real Estate Center $439,999
Listed by RE/MAX Real Estate Center
Sep 16, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,452
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,461
  • Total Building Area: 2,100
  • Gross Building Area: 5,535
  • Building Area: 2,100
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001388
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442103

Geography

  • Account Number: 145-025-04
  • District: 101
  • Parcel: FRAN M:206 L:072
  • Lot: 72
  • Municipality: FRANKLIN
  • Latitude: 42.1346
  • Longitude: -71.3938

    Address

  • Full Address: 13 Michelles Way
  • Address - House Number: 13
  • Address - Street Name: Michelles
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Franklin
  • Carrier Code: R002
  • 4-Digit Zip Code: 1072
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $887,300

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 779,728
  • High Value: 904,604
  • Low Value: 654,852

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $752,600
  • Assessed Land Value: $370,000
  • Assessed Improvements Value: $382,600

    Sales

  • Current Sale Recording Date: May 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1329645
  • Previous Sale Recording Date: Sep 16, 1996
  • Previous Sale Amount: $184,400
  • 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

$338

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2149 ft²

Average Home Age

53.2 years

Currently For Sale

45 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: 3 months ago
Data Source: MLS PIN, MLS# 71204208

Frequently Asked Questions

When was property at 13 Michelles Way built and last sold?
The property at 13 Michelles Way was built in 1996 and last sold on Jan 1, 1970 for $405,000.
How much is this home worth?
The estimated value of the home located at 13 Michelles Way is $438,177.
What are some comparable homes to 13 Michelles Way?
There are currently no comparable homes to 13 Michelles Way.
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