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Franklin Town 02038
3 Nina Lane, Lot 7
$499,863
● House - Off Market

3 Nina Lane, Lot 7

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$941,364
RealtyHop Estimate
98.60%
Since Jun 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 7 is a premium lot.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
1.11 acres
Price per sqft
$237
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 #71453254)

Price History

Date / Event Date Event Price
May 23, 2013 Sold
Premium
Sold
Nov 1, 2012 Listed by Prudential Page Realty $474,000
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: 1,027
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,352
  • Total Building Area: 2,256
  • Gross Building Area: 5,021
  • Building Area: 2,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001110
  • 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:028-007
  • Lot: 28-7
  • Municipality: FRANKLIN
  • Latitude: 42.1211
  • Longitude: -71.4305

    Address

  • Full Address: 3 Nina Ln
  • Address - House Number: 3
  • 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: $826,500

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 807,043
  • High Value: 936,294
  • Low Value: 677,793

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $701,000
  • Assessed Land Value: $251,400
  • Assessed Improvements Value: $449,600

    Sales

  • Current Sale Recording Date: May 23, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000006
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

$331

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2076 ft²

Average Home Age

49.2 years

Currently For Sale

66 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# 71453254

Frequently Asked Questions

When was property at 3 Nina Lane built and last sold?
The property at 3 Nina Lane was built in 2013 and last sold on Jan 1, 1970 for $499,863.
How much is this home worth?
The estimated value of the home located at 3 Nina Lane is $491,234.
What are some comparable homes to 3 Nina Lane?
There are currently no comparable homes to 3 Nina Lane.
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