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Franklin Town 02038
14 Cobblestone Drive
$737,500
● House - Off Market

14 Cobblestone Drive

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,884 Ft²
$747,210
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

This home has everything you have been looking for.....Amazing neighborhood location, town water, town sewer, beautiful private backyard, in ground pool, walk out basement, and remodeled kitchen less than 1 year ago.  Plus owners have added new hardwoods on first floor, young windows, roof (strip and reroof) 2015 and new furnace (2021), and newer pool liner all add to this well maintained home.  Back deck off the kitchen over looks a beautiful private flat backyard.  Situated perfectly on the 2.42 acres of land.  Hard to find a location and space like this for the whole family, come to the Open House Saturday August 19th 11:00-1:00.
Unit Size
1,884 Ft²
Days on Market
-
Land Size
2.42 acres
Price per sqft
$398
Property Type
House
Property Taxes
$653
HOA Dues
-
Year Built
1989

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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 #73145484)

Price History

Date / Event Date Event Price
Oct 13, 2023 Sold
Premium
Sold
Aug 24, 2023 In contract -
In contract
Aug 14, 2023 Listed by Costello Realty $750,000
Listed by Costello Realty
May 7, 1992 Sold
Premium
Sold
Mar 6, 1990 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 105,546
  • Total Building Area: 1,884
  • Gross Building Area: 3,012
  • Building Area: 1,884
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,884
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002423
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442104

Geography

  • Account Number: 116-080
  • Parcel: FRAN M:235 L:058
  • Lot: 58
  • Municipality: FRANKLIN
  • Latitude: 42.1123
  • Longitude: -71.4179

    Address

  • Full Address: 14 Cobblestone Dr
  • Address - House Number: 14
  • Address - Street Name: Cobblestone
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C013
  • 4-Digit Zip Code: 2775
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $815,200

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 749,251
  • High Value: 878,588
  • Low Value: 619,915

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $691,400
  • Assessed Land Value: $363,000
  • Assessed Improvements Value: $328,400

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67110
  • Previous Sale Recording Date: May 07, 1992
  • Previous Sale Amount: $157,450
  • 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

51

Average Home Size

2076 ft²

Average Home Age

51.3 years

Currently For Sale

42 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: 4 months ago
Data Source: MLS PIN, MLS# 73145484

Frequently Asked Questions

When was property at 14 Cobblestone Drive built and last sold?
The property at 14 Cobblestone Drive was built in 1989 and last sold on Oct 13, 2023 for $737,500.
How much is this home worth?
The estimated value of the home located at 14 Cobblestone Drive is $749,857.
What are some comparable homes to 14 Cobblestone Drive?
There are currently no comparable homes to 14 Cobblestone Drive.
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