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Franklin Town 02038
16 Indian Ln
Photo of 16 Indian Ln
Sold on Oct 31, 2011

1

Map

$471,500
● House - Off Market

16 Indian Ln

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,446 Ft²
$1,079,741
RealtyHop Estimate
127.31%
Since Nov 1, 2011
National-US
Primary Model

About This Property

PICTURE PERFECT pristine saltbox colonial in fantastic cul-de-sac neighborhood. EVERYTHING YOU'RE LOOKING FOR & MORE! *Lovely Updated Granite/Stainless Kitchen *9 ft Ceilings *Gleaming HW Flrs *Crown Molding *French Doors *Skylights *Custom Closets *Screened Porch *Finished Lower Level *Walk-Up Attic waiting to be finished *Prof Landscaped Yard w/Irrigation Syst *Central AC *New High-Effic Hting Syst *Freshly painted thruout *Lovingly maintained by orig owners* MUST SEE! 1ST O.H. SUN. 8/21 2-4PM
Unit Size
2,446 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$194
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1994

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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: 2 months ago (MLSPIN #71276375)

Price History

Date / Event Date Event Price
Sep 18, 2015 Sold
Premium
Sold
Jul 10, 2015 Listed by Century 21 Commonwealth $519,900
Listed by Century 21 Commonwealth
Oct 31, 2011 Sold
Premium
Sold
Aug 17, 2011 Listed by Century 21 Commonwealth $475,000
Listed by Century 21 Commonwealth

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,214
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,069
  • Total Building Area: 2,106
  • Gross Building Area: 4,779
  • Building Area: 2,106
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,106
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN ROCK ESTATES
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442203

Geography

  • Account Number: 77-017-01
  • Parcel: FRAN M:281 L:033
  • Lot: 33
  • Municipality: FRANKLIN
  • Latitude: 42.0874
  • Longitude: -71.3719

    Address

  • Full Address: 16 Indian Ln
  • Address - House Number: 16
  • Address - Street Name: Indian
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C018
  • 4-Digit Zip Code: 1297
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $861,600

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 823,929
  • High Value: 963,509
  • Low Value: 684,349

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $730,800
  • Assessed Land Value: $361,600
  • Assessed Improvements Value: $369,200

    Sales

  • Current Sale Recording Date: Sep 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92152
  • Previous Sale Recording Date: Oct 31, 2011
  • Previous Sale Amount: $471,500
  • 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:

$695,000

Sale Price/ft²

$331

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2076 ft²

Average Home Age

49.2 years

Currently For Sale

66 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

Currently no nearby rentals
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 71276375

Frequently Asked Questions

When was property at 16 Indian Lane built and last sold?
The property at 16 Indian Lane was built in 1994 and last sold on Jan 1, 1970 for $522,000.
How much is this home worth?
The estimated value of the home located at 16 Indian Lane is $530,005.
What are some comparable homes to 16 Indian Lane?
There are currently no comparable homes to 16 Indian Lane.
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