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Franklin 01364
149 Memory Lane
$189,000
● House - Off Market

149 Memory Lane

Orange, MA 01364
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,104 Ft²
$288,589
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Attractive and well-maintained three-bedroom ranch with a lot to offer. Great kitchen, dining area and living room.  Partially finished basement has heated family room/exercise room. Systems in excellent condition, large pellet stove adds economy to the heating system. Walkout to the large  and inviting deck overlooking a spacious fenced backyard. Two storage sheds. Enjoy summers with the huge above-ground pool with wraparound deck.  Quiet residential area, large lot with a level and open backyard. Condition excellent.  Appliances convey.
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$172
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1988

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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 #72416969)

Price History

Date / Event Date Event Price
Jan 15, 2019 Sold
Premium
Sold
Oct 29, 2018 Listed by Millers River Real Estate $189,900
Listed by Millers River Real Estate
Jul 7, 2011 Sold
Premium
Sold
May 6, 2011 Listed by Millers River Real Estate $97,500
Listed by Millers River Real Estate
Jun 25, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,104
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 1,104
  • Gross Building Area: 2,496
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EARL & PHYLLIS DREW
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • School Tax School District: ORANGE SD
  • School Tax District Code 2: RALPH C MAHAR
  • Census Tract: 040502

Zoning

  • Zoning: D

Geography

  • Account Number: 623
  • Parcel: ORAN M:0221 B:0000 L:00064
  • Lot: 64
  • Municipality: ORANGE
  • Latitude: 42.6194
  • Longitude: -72.2324

    Address

  • Full Address: 149 Memory Ln
  • Address - House Number: 149
  • Address - Street Name: Memory
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Orange
  • Carrier Code: R002
  • 4-Digit Zip Code: 9693
  • Zip Code: 01364

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $430,100

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 57
  • Final Value: 312,919
  • High Value: 405,623
  • Low Value: 220,214

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $246,600
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $214,600

    Sales

  • Current Sale Contract Date: Jan 14, 2019
  • Current Sale Recording Date: Jan 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 425
  • Previous Sale Recording Date: Jul 07, 2011
  • Previous Sale Amount: $96,000
  • 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

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2189 ft²

Average Home Age

99.6 years

Currently For Sale

152 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72416969

Frequently Asked Questions

When was property at 149 Memory Lane built and last sold?
The property at 149 Memory Lane was built in 1988 and last sold on Jan 14, 2019 for $189,000.
How much is this home worth?
The estimated value of the home located at 149 Memory Lane is $191,550.
What are some comparable homes to 149 Memory Lane?
There are currently no comparable homes to 149 Memory Lane.
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