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Franklin Town 02038
19 Pine Ridge Dr
$339,900
● House - Off Market

19 Pine Ridge Dr

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,450 Ft²
$508,434
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Move right in to this warm, inviting  ranch style home offering fireside living room with  built-ins, a spacious, fully applianced kitchen is perfect for larger gatherings! You'll find pretty patterned hardwood floors. central air and a partially finished basement with bath.  If you enjoy spending time outdoors you will appreciate this large, private back yard and the terrific neighborhood.  Needs some updating but well worth the effort!    Located within 1.5 miles of downtown Franklin, Boston commuter rail station, and easy access to shopping and highways.
Unit Size
1,450 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$234
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1960

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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 #72411799)

Price History

Date / Event Date Event Price
Mar 15, 2019 Sold
Premium
Sold
Oct 17, 2018 Listed by RE/MAX Executive Realty $339,900
Listed by RE/MAX Executive Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 11
  • Exterior Walls Type: 18
  • 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: 1,183
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,750
  • Total Building Area: 1,183
  • Gross Building Area: 2,917
  • Building Area: 1,183
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,183
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000453
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442101

Geography

  • Account Number: 93-043
  • Parcel: FRAN M:250 L:093
  • Lot: 93
  • Municipality: FRANKLIN
  • Latitude: 42.0989
  • Longitude: -71.3926

    Address

  • Full Address: 19 Pine Ridge Dr
  • Address - House Number: 19
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C021
  • 4-Digit Zip Code: 1630
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $557,300

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 534,000
  • High Value: 629,121
  • Low Value: 438,880

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $472,700
  • Assessed Land Value: $243,700
  • Assessed Improvements Value: $229,000

    Sales

  • Current Sale Contract Date: Mar 13, 2019
  • Current Sale Recording Date: Mar 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18995
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

$338

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2141 ft²

Average Home Age

52.5 years

Currently For Sale

46 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72411799

Frequently Asked Questions

When was property at 19 Pine Ridge Drive built and last sold?
The property at 19 Pine Ridge Drive was built in 1960 and last sold on Mar 13, 2019 for $339,900.
How much is this home worth?
The estimated value of the home located at 19 Pine Ridge Drive is $351,162.
What are some comparable homes to 19 Pine Ridge Drive?
There are currently no comparable homes to 19 Pine Ridge Drive.
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