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Franklin Town 02038
16 Meadowlark Lane
Photo of 16 Meadowlark Lane
Sold on Jul 28, 2006

1

Map

$492,000
● House - Off Market

16 Meadowlark Lane

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,792 Ft²
$842,212
RealtyHop Estimate
68.48%
Since Aug 1, 2006
National-US
Primary Model

About This Property

Welcome Home to this warm and inviting Garrison Colonial complete w/4 bedrooms, 3 1/2 baths, finished basement in great family neighborhood! Custom eat-in kitchen walks out to oversized deck overlooking spacious,level backyard which includes new play area, storage shed, underground electric fence, oversized driveway and heated garage! Other amenities include hardwood floors, tiled foyer and baths, bonus office space over garage and so much more! FULL ONE YEAR HOME WARRANTY INCLUDED WITH SALE!
Unit Size
2,792 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$179
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1997

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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: 5 months ago (MLSPIN #70354228)

Price History

Date / Event Date Event Price
Jul 28, 2006 Sold
Premium
Sold
Mar 26, 2006 Listed $499,900
Listed
Feb 2, 2004 Sold
Premium
Sold
Nov 21, 2003 Listed $457,900
Listed
Jan 11, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 816
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,798
  • Total Building Area: 1,893
  • Gross Building Area: 3,893
  • Building Area: 1,893
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,893
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ACORN WOODS 02
  • Land Acres: 0000000937
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 95-028-10
  • Parcel: FRAN M:248 L:087
  • Lot: 87
  • Municipality: FRANKLIN
  • Latitude: 42.0999
  • Longitude: -71.369

    Address

  • Full Address: 16 Meadowlark Ln
  • Address - House Number: 16
  • Address - Street Name: Meadowlark
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C005
  • 4-Digit Zip Code: 5206
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $747,000

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 778,240
  • High Value: 910,080
  • Low Value: 646,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $633,600
  • Assessed Land Value: $333,600
  • Assessed Improvements Value: $300,000

    Sales

  • Current Sale Recording Date: Jul 28, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 132132
  • Previous Sale Recording Date: Feb 02, 2004
  • Previous Sale Amount: $457,900
  • 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

$335

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2061 ft²

Average Home Age

47 years

Currently For Sale

54 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: 5 months ago
Data Source: MLS PIN, MLS# 70354228

Frequently Asked Questions

When was property at 16 Meadowlark Lane built and last sold?
The property at 16 Meadowlark Lane was built in 1997 and last sold on Jan 1, 1970 for $492,000.
How much is this home worth?
The estimated value of the home located at 16 Meadowlark Lane is $525,548.
What are some comparable homes to 16 Meadowlark Lane?
There are currently no comparable homes to 16 Meadowlark Lane.
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