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Franklin Town 02038
3 Phillips Pond Lane
$439,000
● House - Off Market

3 Phillips Pond Lane

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,999 Ft²
$1,210,448
RealtyHop Estimate
169.05%
Since Sep 1, 2001
National-US
Primary Model

About This Property

STATELY BRICK FRONT COL.ON CUL-DE-SAC HAS MUCH TO OFFER.HDWD FLRS.,C/A,9FT.CEIL.RECESS LITES,GAS FRPL FAMRM. HUGE FINISH BASEMENT(NOT INC.IN 2999 SQFT)RUNS LENGTH OF HOME.3 BAY GAR. SPRINKLER & ALARM SYSTEM.PROFESS.LANDSCAPED.ALOT OF HOUSE!
Unit Size
2,999 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$150
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994

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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 years ago (MLSPIN #30512612)

Price History

Date / Event Date Event Price
Aug 31, 2001 Sold
Premium
Sold
Jun 7, 2001 Listed $449,900
Listed
May 2, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 9
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,396
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 31,041
  • Total Building Area: 2,602
  • Gross Building Area: 5,428
  • Building Area: 2,602
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,602
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000713
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 108-126
  • Parcel: FRAN M:241 L:124
  • Lot: 124
  • Municipality: FRANKLIN
  • Latitude: 42.1077
  • Longitude: -71.4149

    Address

  • Full Address: 3 Phillips Pond Rd
  • Address - House Number: 3
  • Address - Street Name: Phillips Pond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C012
  • 4-Digit Zip Code: 4312
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,034,000

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 986,634
  • High Value: 1,153,778
  • Low Value: 819,491

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $877,000
  • Assessed Land Value: $363,700
  • Assessed Improvements Value: $513,300

    Sales

  • Current Sale Recording Date: Aug 31, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 115719
  • Previous Sale Recording Date: May 02, 1994
  • Previous Sale Amount: $274,915
  • 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

$337

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2076 ft²

Average Home Age

51.3 years

Currently For Sale

42 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30512612

Frequently Asked Questions

When was property at 3 Phillips Pond Lane built and last sold?
The property at 3 Phillips Pond Lane was built in 1994 and last sold on Jan 1, 1970 for $439,000.
How much is this home worth?
The estimated value of the home located at 3 Phillips Pond Lane is $0.
What are some comparable homes to 3 Phillips Pond Lane?
There are currently no comparable homes to 3 Phillips Pond Lane.
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