$462,500
●
Condo -
Off Market
2 Pear Tree Lane #2
Franklin, MA 02038
3 Beds
2 Baths,
1
Half Bath
2,064 Ft²
$591,227
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Just listed! Beautifully maintained Townhouse at Chestnut Ridge II.
First floor Master Suite with newly updated bath and walk in
closet. Vaulted kitchen with granite countertops, pantry, center
island, stainless steel appliances, and laundry closet. Open floor
plan with hardwood flooring, crown moldings, recessed lighting and
loft overlooking living room with gas fireplace and slider to deck.
HUGE finished walk-out basement, fully carpeted with recessed
lighting and ample storage space, perfect for a game room, office
or play space. Recently installed gas furnace and central air
conditioning. Large deck overlooking wooded private backyard.
Additional assigned parking. Readily accessible to all major
routes, train station and local area shopping. Sought after
Chestnut Ridge Community features tree lined roads, established
landscaping and Association pool area. Please join us at our first
open house on Sunday 10/25 from 11am-1pm!
Unit Size
2,064 Ft²
Days on Market
-
Land Size
-
Price per sqft
$218
Property Type
Condo
Property Taxes
$456
HOA Dues
$510
Year Built
1998
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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: 5 months ago (MLSPIN #72742493)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2020 | Sold | ||
| Sold | |||
| Oct 22, 2020 | Listed by Keller Williams Elite | $450,000 | |
| Listed by Keller Williams Elite | |||
| | |||
|
Just listed! Beautifully maintained Townhouse at Chestnut Ridge II. First floor Master Suite with newly updated bath and walk in closet. Vaulted kitchen with granite countertops, pantry, center island, stainless steel appliances, and laundry closet. Open floor plan with hardwood flooring, crown moldings, recessed lighting and loft overlooking living room with gas fireplace and slider to deck. HUGE finished walk-out basement, fully carpeted with recessed lighting and ample storage space, perfect for a game room, office or play space. Recently installed gas furnace and central air conditioning. Large deck overlooking wooded private backyard. Additional assigned parking. Readily accessible to all major routes, train station and local area shopping. Sought after Chestnut Ridge Community features tree lined roads, established landscaping and Association pool area. Please join us at our first open house on Sunday 10/25 from 11am-1pm!
| |||
| Apr 28, 2006 | Sold | ||
| Sold | |||
| Oct 7, 2005 | Listed by Keller Williams Realty | $425,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Lovely end unit with 1st Floor Master at Chestnut Ridge. Spacious vaulted Kitchen with granite countertops & center island. Lots of hardwood, loft overlooks gas f/p in Living Room. Partially finished walk-out basement (not included in GLA). Large deck overlooks beautiful yard. Wonderful serene setting! Central air, community pool & tennis.
| |||
| Nov 15, 2001 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Garage Door Opener, Off Street, Assigned, Paved
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Open Floorplan, Recessed Lighting, Closet, Game Room, Bonus Room
Appliances: Range, Dishwasher, Disposal, Refrigerator, Range Hood, Plumbed For Ice Maker
Flooring Type: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup, Flooring - Hardwood, First Floor
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2064
Year Built Source: Public Records
Year Built: 1998
Waterfront Features: Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
Building Name: Chestnut Ridge 11
Building Area Total: 2064
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Deck, Deck - Composite
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $376,700
Tax Annual Amount: $5,466
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Road Maintenance, Reserve Funds
HOA/Condo/Coop Amenities: Pool
HOA Fee: $510
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/22/2020
|
3 Bed
|
3 Bath
|
2064 ft²
|
$450,000
3 Bed
3 Bath
2064 ft²
|
$462,500
+2.78%
12/10/2020
|
Cheryl Luccini
Keller Williams Realty
| |
|
10/07/2005
|
3 Bed
|
3 Bath
|
1923 ft²
|
$425,000
3 Bed
3 Bath
1923 ft²
|
$399,900
-5.91%
04/28/2006
|
Brian Hickox
Keller Williams - KW Premier Properties
| |
|
07/30/2001
|
3 Bed
|
3 Bath
|
1923 ft²
|
$329,900
3 Bed
3 Bath
1923 ft²
|
$331,000
+0.33%
11/15/2001
|
Diana Bruno
Carlson GMAC Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017