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Franklin Town 02038
4 Lori Drive
$580,000
● House - Off Market

4 Lori Drive

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,583 Ft²
$786,506
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Fantastic sprawling neighborhood home with an abundance of living space, and many floor plan options. 1st floor craft/laundry room, huge breakfast/family room connected to the kitchen with plenty of natural light. Above the 3 car garage, you will discover a large finished space with a full bath...perfect for a guest suite, potential in law, 2nd master bedroom or home office/studio. Finished lower level with home theatre room and playroom. Fenced level yard with in ground pool, stamped concrete patio, screen house, mature landscaping, irrigation well and sprinklers. Central Air, hardwood flooring, and many updates!
Unit Size
3,583 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$154
Property Type
House
Property Taxes
$614
HOA Dues
-
Year Built
1983

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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 #72619411)

Price History

Date / Event Date Event Price
Mar 26, 2020 Sold
Premium
Sold
Feb 13, 2020 Listed by Keller Williams Realty $550,000
Listed by Keller Williams Realty
Jul 15, 2002 Sold
Premium
Sold
May 14, 2002 Sold
Premium
Sold
Jan 7, 2002 Listed by Keller Williams Realty $434,900
Listed by Keller Williams Realty
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,319
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 40,215
  • Total Building Area: 3,109
  • Gross Building Area: 6,167
  • Building Area: 3,109
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,109
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000923
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 24-018
  • Parcel: FRAN M:329 L:015
  • Lot: 15
  • Municipality: FRANKLIN
  • Latitude: 42.0529
  • Longitude: -71.4085

    Address

  • Full Address: 4 Lori Dr
  • Address - House Number: 4
  • Address - Street Name: Lori
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: R001
  • 4-Digit Zip Code: 2520
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $881,300

    Appraisal Valuation

  • Standard Deviation: 0.1503
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 796,971
  • High Value: 916,789
  • Low Value: 677,154

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $747,500
  • Assessed Land Value: $248,700
  • Assessed Improvements Value: $498,800

    Sales

  • Current Sale Contract Date: Mar 23, 2020
  • Current Sale Recording Date: Mar 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27553
  • Previous Sale Recording Date: May 14, 2002
  • Previous Sale Amount: $425,000
  • 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:

$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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72619411

Frequently Asked Questions

When was property at 4 Lori Drive built and last sold?
The property at 4 Lori Drive was built in 1983 and last sold on Mar 23, 2020 for $580,000.
How much is this home worth?
The estimated value of the home located at 4 Lori Drive is $585,587.
What are some comparable homes to 4 Lori Drive?
There are currently no comparable homes to 4 Lori Drive.
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