$1,400,000
●
House -
Off Market
16 Cranberry Dr
Franklin, MA 02038
5 Beds
4 Baths,
2
Half Baths
4,315 Ft²
$7,420
Est. Monthly
About This Property
Here's the one you've been waiting for! This stunning Contemporary
home is located in the desirable Highland Estates & sought after
Keller/Sullivan school district. You will be welcomed by a
sunlit 2-story foyer & grand staircase. French doors lead to a
formal DR w/wainscoting & gorgeous new picture window. You're sure
to be impressed w/the 2-story LR, boasting a grand stone
double-sided fireplace & open to the beautiful white kitchen.
Perfect for entertaining & family time, kitchen offers breakfast
nook, island, ss appliances, farm sink, & pantry. Work remotely
from the tranquil 1st fl office. Recently renovated 1st fl guest
suite, perfect for in-laws or an au pair. Upstairs you can retreat
to the master suite w/spa-like bathroom & custom closet. 3 more
bedrooms, 1 w/ensuite bath & 2 share a jack & jill bath. Basement
has a built-in bar, 1/2 bath, ample space for recreation. Relax in
the sunroom or backyard haven, w/in-ground gunite pool. 3-car
garage & storage shed. Welcome home!
Unit Size
4,315 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$300
Property Type
House
Property Taxes
$1,061
HOA Dues
-
Year Built
1996
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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 #73219964)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Suburban Lifestyle Real Estate | $1,295,000 | |
| Listed by Suburban Lifestyle Real Estate | |||
| | |||
|
Here's the one you've been waiting for! This stunning Contemporary home is located in the desirable Highland Estates & sought after Keller/Sullivan school district. You will be welcomed by a sunlit 2-story foyer & grand staircase. French doors lead to a formal DR w/wainscoting & gorgeous new picture window. You're sure to be impressed w/the 2-story LR, boasting a grand stone double-sided fireplace & open to the beautiful white kitchen. Perfect for entertaining & family time, kitchen offers breakfast nook, island, ss appliances, farm sink, & pantry. Work remotely from the tranquil 1st fl office. Recently renovated 1st fl guest suite, perfect for in-laws or an au pair. Upstairs you can retreat to the master suite w/spa-like bathroom & custom closet. 3 more bedrooms, 1 w/ensuite bath & 2 share a jack & jill bath. Basement has a built-in bar, 1/2 bath, ample space for recreation. Relax in the sunroom or backyard haven, w/in-ground gunite pool. 3-car garage & storage shed. Welcome home!
| |||
| Jun 23, 2014 | Sold | ||
| Sold | |||
| Mar 12, 2014 | Listed by Suburban Lifestyle Real Estate | $745,000 | |
| Listed by Suburban Lifestyle Real Estate | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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