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Franklin Town 02038
3 Peters Lane
$545,000
● House - Off Market

3 Peters Lane

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,455 Ft²
$1,104,407
RealtyHop Estimate
97.25%
Since Nov 1, 2004
National-US
Primary Model

About This Property

Peaceful setting for nature lovers at this young Colonial in Dianna Estates.  Bright kitchen overlooking private backyard with vernal pool, step down family room, spacious master bedroom with separate office/ sitting room and an additional 600 sf of living space in the newly finished lower level. Minutes to Jefferson Remington School and close to Rt. 495 and train to Boston.  Quick closing possible.
Unit Size
2,455 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$228
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1990

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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: 5 months ago (MLSPIN #70081349)

Price History

Date / Event Date Event Price
Oct 20, 2004 Sold
Premium
Sold
Aug 25, 2004 Listed by Classic Properties REALTORS® $559,900
Listed by Classic Properties REALTORS®
Dec 2, 2003 Sold
Premium
Sold
Jul 6, 2003 Listed by Classic Properties REALTORS® $499,900
Listed by Classic Properties REALTORS®
Jan 29, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,064
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,518
  • Total Building Area: 2,387
  • Gross Building Area: 4,545
  • Building Area: 2,387
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,387
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DIANNA ESTATES DEFINITATIVE
  • Land Acres: 0000001022
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442201

Geography

  • Account Number: 16-051
  • Parcel: FRAN M:335 L:092
  • Lot: 92
  • Municipality: FRANKLIN
  • Latitude: 42.0493
  • Longitude: -71.4186

    Address

  • Full Address: 3 Peters Ln
  • Address - House Number: 3
  • Address - Street Name: Peters
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: R004
  • 4-Digit Zip Code: 3351
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $929,100

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 810,798
  • High Value: 940,650
  • Low Value: 680,946

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $788,000
  • Assessed Land Value: $378,400
  • Assessed Improvements Value: $409,600

    Sales

  • Current Sale Recording Date: Oct 20, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 11080
  • Previous Sale Recording Date: Dec 02, 2003
  • Previous Sale Amount: $490,000
  • 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:

$695,000

Sale Price/ft²

$335

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2043 ft²

Average Home Age

46 years

Currently For Sale

56 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: 5 months ago
Data Source: MLS PIN, MLS# 70081349

Frequently Asked Questions

When was property at 3 Peters Lane built and last sold?
The property at 3 Peters Lane was built in 1990 and last sold on Jan 1, 1970 for $545,000.
How much is this home worth?
The estimated value of the home located at 3 Peters Lane is $570,960.
What are some comparable homes to 3 Peters Lane?
There are currently no comparable homes to 3 Peters Lane.
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