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Franklin Town 02038
23 Nina Lane, Lot 2a
$491,900
● House - Off Market

23 Nina Lane, Lot 2a

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,061 Ft²
$926,181
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Welcome to Mine Brook Village - Franklin's newest single family home community! Choose from 4 floor plans/7 lots.Pricing starts at $459K.Standard features include 4 BRs,2.5 baths,central air, h/w floors,eat in kitchen & granite counters throughout.Fireplaced family room, master suite w/oversized walk in closet,full bath,tile floors.2nd floor laundry.2 car garage.Full basement. Town water/sewer. Energy Star certified design for cost savings and improved indoor air quality. Lot 2 is a premium lot.
Unit Size
2,061 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$229
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2013

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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: 6 months ago (MLSPIN #71473945)

Price History

Date / Event Date Event Price
Jul 9, 2021 Sold
Premium
Sold
Apr 29, 2021 Listed by Prudential Page Realty $700,000
Listed by Prudential Page Realty
Jun 14, 2013 Sold
Premium
Sold
Jan 19, 2013 Listed by Prudential Page Realty $471,900
Listed by Prudential Page Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • 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: 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: 972
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,007
  • Total Building Area: 2,146
  • Gross Building Area: 4,292
  • Building Area: 2,146
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,146
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001148
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442103

Geography

  • Account Number: 122-025
  • Parcel: FRAN M:222 L:028-002
  • Lot: 28-2
  • Municipality: FRANKLIN
  • Latitude: 42.1229
  • Longitude: -71.4313

    Address

  • Full Address: 23 Nina Ln
  • Address - House Number: 23
  • Address - Street Name: Nina
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C007
  • 4-Digit Zip Code: 2831
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $836,600

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 836,542
  • High Value: 977,204
  • Low Value: 695,880

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $709,600
  • Assessed Land Value: $252,000
  • Assessed Improvements Value: $457,600

    Sales

  • Current Sale Contract Date: Jul 08, 2021
  • Current Sale Recording Date: Jul 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 89589
  • Previous Sale Recording Date: Jun 14, 2013
  • Previous Sale Amount: $491,900
  • Previous Sale Document Type: O
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:

$697,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2074 ft²

Average Home Age

49.2 years

Currently For Sale

69 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: 6 months ago
Data Source: MLS PIN, MLS# 71473945

Frequently Asked Questions

When was property at 23 Nina Lane built and last sold?
The property at 23 Nina Lane was built in 2013 and last sold on Jul 8, 2021 for $799,000.
How much is this home worth?
The estimated value of the home located at 23 Nina Lane is $715,542.
What are some comparable homes to 23 Nina Lane?
There are currently no comparable homes to 23 Nina Lane.
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