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Franklin Town 02038
3 Overlook Dr
$420,000
● House - Off Market

3 Overlook Dr

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,688 Ft²
$953,490
RealtyHop Estimate
124.46%
Since Oct 1, 2011
National-US
Primary Model

About This Property

Location! Location! Location. Beautiful and bright colonial home in a quiet safe neighborhood, 1 mile from highway. Easy access to shopping and entertainment. Updated house has granite countertops, hardwood floors, and 2 room see-through fireplace. Skylights in both the family room and master bedroom/bathroom. Master bedroom has full bath, an extra storage closet, and a balcony. New driveway, young roof, fresh paint inside and outside and finished deck with a flat yard. This is the place to live
Unit Size
2,688 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$158
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1986

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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 #71277531)

Price History

Date / Event Date Event Price
Sep 30, 2011 Sold
Premium
Sold
Aug 20, 2011 Listed by Thread Real Estate, LLC $424,800
Listed by Thread Real Estate, LLC
Apr 26, 1996 Sold
Premium
Sold
Dec 10, 1995 Listed by Thread Real Estate, LLC $228,500
Listed by Thread Real Estate, LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • 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: 1,008
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,020
  • Total Building Area: 2,448
  • Gross Building Area: 4,562
  • Building Area: 2,448
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,448
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LONGVIEW HILL
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442104

Geography

  • Account Number: 90-078
  • Parcel: FRAN M:258 L:043
  • Lot: 43
  • Municipality: FRANKLIN
  • Latitude: 42.0979
  • Longitude: -71.4256

    Address

  • Full Address: 3 Overlook Dr
  • Address - House Number: 3
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C015
  • 4-Digit Zip Code: 2903
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $856,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 821,603
  • High Value: 952,803
  • Low Value: 690,403

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $726,700
  • Assessed Land Value: $327,000
  • Assessed Improvements Value: $399,700

    Sales

  • Current Sale Recording Date: Sep 30, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000009
  • Previous Sale Recording Date: Apr 26, 1996
  • Previous Sale Amount: $225,800
  • 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

$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# 71277531

Frequently Asked Questions

When was property at 3 Overlook Drive built and last sold?
The property at 3 Overlook Drive was built in 1986 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 3 Overlook Drive is $449,127.
What are some comparable homes to 3 Overlook Drive?
There are currently no comparable homes to 3 Overlook Drive.
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