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Franklin Town 02038
393 Paula Ln
$298,900
● House - Off Market

393 Paula Ln

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
1,734 Ft²
$790,308
RealtyHop Estimate
163.44%
Since Mar 1, 2002
National-US
Primary Model

About This Property

WONDERFUL COLONIAL IN OAKLAND PARK-MANY UPDATES INC ROOFING, FRONT CLAD CABINETS, COUNTER TOP, KITCHEN FLOOR, FRENCH DRAIN SYSTEM,-RADON MITIGATION SYSTEM IN PLACE-LOVELY YARD IN EXCEPTIONAL NEIGHBORHOOD WITH ASSOCIATION ACTIVITIES---
Unit Size
1,734 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$173
Property Type
House
Property Taxes
$224
HOA Dues
$20
Year Built
1968

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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 #30564446)

Price History

Date / Event Date Event Price
Feb 25, 2002 Sold
Premium
Sold
Nov 30, 2001 Listed by RE/MAX Executive Realty $300,000
Listed by RE/MAX Executive Realty
Sep 21, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 720
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,734
  • Gross Building Area: 3,620
  • Building Area: 1,734
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,734
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKLAND PARK SEC 03
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 107-122
  • Parcel: FRAN M:240 L:133
  • Lot: 133
  • Municipality: FRANKLIN
  • Latitude: 42.107
  • Longitude: -71.4241

    Address

  • Full Address: 393 Paula Ln
  • Address - House Number: 393
  • Address - Street Name: Paula
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C013
  • 4-Digit Zip Code: 2845
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $675,300

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 656,696
  • High Value: 761,867
  • Low Value: 551,524

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $572,800
  • Assessed Land Value: $327,000
  • Assessed Improvements Value: $245,800

    Sales

  • Current Sale Recording Date: Feb 25, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 034236
  • Previous Sale Recording Date: Sep 21, 1999
  • Previous Sale Amount: $210,010
  • 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

$336

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2053 ft²

Average Home Age

47.1 years

Currently For Sale

57 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 years ago
Data Source: MLS PIN, MLS# 30564446

Frequently Asked Questions

When was property at 393 Paula Lane built and last sold?
The property at 393 Paula Lane was built in 1968 and last sold on Jan 1, 1970 for $298,900.
How much is this home worth?
The estimated value of the home located at 393 Paula Lane is $317,867.
What are some comparable homes to 393 Paula Lane?
There are currently no comparable homes to 393 Paula Lane.
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