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Franklin Town 02038
14 Martha's Way
$315,000
● House - Off Market

14 Martha's Way

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,632 Ft²
$872,819
RealtyHop Estimate
168.56%
Since Oct 1, 2001
National-US
Primary Model

About This Property

1992 CAPE ON 3/4 AC.LOT IN NEIGHBORHOOD SETTING.THE 1ST FLR. HAS FRT.TO BK. F/P LIV,RM.,KITCHEN W/BREAKFST.AREA,FORMAL D/R& 1/2 BTH.UPSTAIRS ARE 3 BDRMS.& FULL BATH.BSMT.IS FIN. W/2 RMS.CENTRAL A/C,2CAR GAR. & LARGE PRIVATE REAR DECK.
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$199
Property Type
House
Property Taxes
$240
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 years ago (MLSPIN #30534831)

Price History

Date / Event Date Event Price
Sep 28, 2001 Sold
Premium
Sold
Aug 20, 2001 Listed $325,000
Listed

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,071
  • Total Building Area: 1,591
  • Gross Building Area: 3,412
  • Building Area: 1,591
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,591
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REDDING S RUN
  • Land Acres: 0000000713
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442204

Geography

  • Account Number: 95-065
  • Parcel: FRAN M:263 L:013
  • Lot: 13
  • Municipality: FRANKLIN
  • Latitude: 42.0952
  • Longitude: -71.3764

    Address

  • Full Address: 14 Marthas Way
  • Address - House Number: 14
  • Address - Street Name: Marthas
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Franklin
  • Carrier Code: C005
  • 4-Digit Zip Code: 1294
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $720,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 700,286
  • High Value: 817,689
  • Low Value: 582,883

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $611,300
  • Assessed Land Value: $331,400
  • Assessed Improvements Value: $279,900

    Sales

  • Current Sale Recording Date: Sep 28, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 130290
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

2141 ft²

Average Home Age

52.5 years

Currently For Sale

46 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 years ago
Data Source: MLS PIN, MLS# 30534831

Frequently Asked Questions

When was property at 14 Martha's Way built and last sold?
The property at 14 Martha's Way was built in 1992 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 14 Martha's Way is $0.
What are some comparable homes to 14 Martha's Way?
There are currently no comparable homes to 14 Martha's Way.
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