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Franklin Town 02038
4 Lawrence Drive
$430,000
● House - Off Market

4 Lawrence Drive

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,768 Ft²
$651,808
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

WELL CARED FOR 3 BEDROOM SPLIT LEVEL WITH 2 FULL BATHS AND 1 HALF BATH ON LL~ IN A DESIRABLE FRANKLIN NEIGHBORHOOD ~ LOWER LEVEL OFFERS ADDITIONAL LIVING SPACE WITH MULTI PURPOSES ~ THIS HOME HAS A 2 CAR GARAGE AND CENTRAL AC ~ THERE IS A 3 SEASON ROOM WITH A WALL HEATER THAT OVERLOOKS AN OVERSIZED DECK AND PRIVATE LEVELED LOT ~ THE YARD IS GREAT FOR PLAYING AND ENTERTAINING ~  FABULOUS LOCATION FOR SHOPPING, DINING AND ROUTE 495 ~  THERE IS A NEWER DISHWASHER AND STOVE~  TOWN WATER AND TOWN SEWER ~ THIS HOME HAS SO SO SO MUCH TO OFFER ALONG WITH EVERYTHING THAT FRANKLIN HAS TO OFFER!  ~
Unit Size
1,768 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$243
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1990

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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 #72300130)

Price History

Date / Event Date Event Price
Jun 8, 2018 Sold
Premium
Sold
Mar 30, 2018 Listed by Coldwell Banker Residential Brokerage - Franklin $430,000
Listed by Coldwell Banker Residential Brokerage - Franklin
Nov 9, 2012 Sold
Premium
Sold
Sep 13, 2012 Listed by Coldwell Banker Residential Brokerage - Franklin $349,900
Listed by Coldwell Banker Residential Brokerage - Franklin
Sep 5, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,104
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,268
  • Gross Building Area: 2,832
  • Building Area: 1,268
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,268
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KING S COURT PLAN
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442203

Geography

  • Account Number: 49-056
  • Parcel: FRAN M:297 L:028
  • Lot: 28
  • Municipality: FRANKLIN
  • Latitude: 42.0725
  • Longitude: -71.3928

    Address

  • Full Address: 4 Lawrence Dr
  • Address - House Number: 4
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C002
  • 4-Digit Zip Code: 2300
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $696,300

    Appraisal Valuation

  • Standard Deviation: 0.1503
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 651,173
  • High Value: 749,071
  • Low Value: 553,275

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $590,600
  • Assessed Land Value: $328,000
  • Assessed Improvements Value: $262,600

    Sales

  • Current Sale Recording Date: Jun 08, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46640
  • Previous Sale Recording Date: Nov 09, 2012
  • Previous Sale Amount: $351,500
  • Previous Sale Document Type: O
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

2149 ft²

Average Home Age

53.2 years

Currently For Sale

45 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72300130

Frequently Asked Questions

When was property at 4 Lawrence Drive built and last sold?
The property at 4 Lawrence Drive was built in 1990 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 4 Lawrence Drive is $440,552.
What are some comparable homes to 4 Lawrence Drive?
There are currently no comparable homes to 4 Lawrence Drive.
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