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Franklin Town 02038
2 Stratford Ln.
$425,000
● House - Off Market

2 Stratford Ln.

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,764 Ft²
$861,023
RealtyHop Estimate
100.29%
Since Sep 1, 2004
National-US
Primary Model

About This Property

A Cul-De-Sac family neighborhood setting for this well maintained colonial. A corner lot allows for the light & bright interior. The sprinkler system keeps the lawn nice and refreshed. The two walk-in closets in the master bedroom make for easy orginizing. Gas heat & cooking. Master bath. Two car attached garage with entry into kitchen. Full basement with plenty of head room.
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$244
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1996

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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: 6 months ago (MLSPIN #70028191)

Price History

Date / Event Date Event Price
Aug 13, 2004 Sold
Premium
Sold
May 3, 2004 Listed by RE/MAX Executive Realty $429,888
Listed by RE/MAX Executive Realty
Dec 29, 1998 Sold
Premium
Sold
Nov 4, 1998 Listed by RE/MAX Executive Realty $245,900
Listed by RE/MAX Executive Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 885
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,301
  • Total Building Area: 1,764
  • Gross Building Area: 3,370
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000489
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 102-089-03
  • Parcel: FRAN M:250 L:070
  • Lot: 70
  • Municipality: FRANKLIN
  • Latitude: 42.101
  • Longitude: -71.3939

    Address

  • Full Address: 2 Stratford Ln
  • Address - House Number: 2
  • Address - Street Name: Stratford
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C009
  • 4-Digit Zip Code: 1683
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $746,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 706,006
  • High Value: 818,747
  • Low Value: 593,265

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $633,400
  • Assessed Land Value: $328,400
  • Assessed Improvements Value: $305,000

    Sales

  • Current Sale Recording Date: Aug 13, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14142
  • Previous Sale Recording Date: Dec 29, 1998
  • Previous Sale Amount: $243,000
  • 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:

$699,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1994 ft²

Average Home Age

48.1 years

Currently For Sale

67 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: 6 months ago
Data Source: MLS PIN, MLS# 70028191

Frequently Asked Questions

When was property at 2 Stratford Lane built and last sold?
The property at 2 Stratford Lane was built in 1996 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 2 Stratford Lane is $435,762.
What are some comparable homes to 2 Stratford Lane?
There are currently no comparable homes to 2 Stratford Lane.
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