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Franklin Town 02038
16 Eldon Drive
$389,000
● House - Off Market

16 Eldon Drive

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,408 Ft²
$667,543
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Cute as a button describes this 3 bedroom Cape in lovely Franklin neighborhood! This home has had many updates over the years including a newer kitchen with maple cabinets, quartz countertops and large breakfast bar that opens to dining area. Hardwood floors throughout home. Baths have both been redone with upstairs bath boasting oversized marble shower, double sinks and tile. Roof was replaced in 2008 and chimney and fireplace rebuilt in 2006. Light, bright and cozy home is ready for your personal touches. Sellers are even including a one year home warranty plan for your piece of mind! Convenient to Route 495 and commuter rail. Top notch Kennedy School is a also quick walk away! This one is a gem! All offers must be submitted by Tuesday, 2/23 at 5 pm for review with Seller Tuesday evening.
Unit Size
1,408 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$275
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1959

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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: 4 months ago (MLSPIN #71959427)

Price History

Date / Event Date Event Price
Jul 28, 2021 Sold
Premium
Sold
Jun 2, 2021 Listed by Coldwell Banker Residential Brokerage - Franklin $489,000
Listed by Coldwell Banker Residential Brokerage - Franklin
Apr 22, 2016 Sold
Premium
Sold
Feb 16, 2016 Listed by Coldwell Banker Residential Brokerage - Franklin $387,500
Listed by Coldwell Banker Residential Brokerage - Franklin
Aug 31, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 768
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,459
  • Total Building Area: 1,422
  • Gross Building Area: 2,526
  • Building Area: 1,422
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,422
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHISPERING PINES
  • Land Acres: 0000000355
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 107-038
  • Parcel: FRAN M:240 L:070
  • Lot: 70
  • Municipality: FRANKLIN
  • Latitude: 42.1084
  • Longitude: -71.4318

    Address

  • Full Address: 16 Eldon Dr
  • Address - House Number: 16
  • Address - Street Name: Eldon
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C013
  • 4-Digit Zip Code: 2860
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $608,000

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 579,077
  • High Value: 682,227
  • Low Value: 475,927

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $515,700
  • Assessed Land Value: $242,600
  • Assessed Improvements Value: $273,100

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 98034
  • Previous Sale Recording Date: Apr 22, 2016
  • Previous Sale Amount: $389,000
  • Previous Sale Document Type: O
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71959427

Frequently Asked Questions

When was property at 16 Eldon Drive built and last sold?
The property at 16 Eldon Drive was built in 1959 and last sold on Jul 28, 2021 for $510,000.
How much is this home worth?
The estimated value of the home located at 16 Eldon Drive is $482,631.
What are some comparable homes to 16 Eldon Drive?
There are currently no comparable homes to 16 Eldon Drive.
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