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Franklin Town 02038
4 Oakridge Drive
$549,900
● House - Off Market

4 Oakridge Drive

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,359 Ft²
$896,596
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Not your typical colonial. This home, with an open floor plan, has been beautifully updated. It sits on over an acre of land offering privacy, in a wonderful neighborhood.Kitchen has been totally remodeled and offers a light, bright eating area with a bay window. In addition, there is a first floor office with french doors. The large, open family room with fireplace and cathedral ceiling is great for entertaining. Enjoy warmer weather on the screened porch over looking the expansive yard. Convenient 1st floor laundry room and mudroom. Ample sized master suite has walk in closet. The lower level has been finished for offering more space Great commuter location. Close to 495, 95 and the 2 Franklin T Stations. A truly beautiful home in a private, peaceful setting.
Unit Size
2,359 Ft²
Days on Market
-
Land Size
1.11 acres
Price per sqft
$233
Property Type
House
Property Taxes
$527
HOA Dues
-
Year Built
1987

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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 #72118947)

Price History

Date / Event Date Event Price
Apr 25, 2017 Sold
Premium
Sold
Feb 13, 2017 Listed by Real Living Realty Group $549,900
Listed by Real Living Realty Group
Jun 30, 2015 Sold
Premium
Sold
Apr 30, 2015 Listed by Real Living Realty Group $519,900
Listed by Real Living Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • 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: 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: 1,308
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,264
  • Total Building Area: 2,359
  • Gross Building Area: 4,707
  • Building Area: 2,359
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,359
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001108
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 6-001-05
  • Parcel: FRAN M:338 L:007
  • Lot: 7
  • Municipality: FRANKLIN
  • Latitude: 42.0443
  • Longitude: -71.4474

    Address

  • Full Address: 4 Oakridge Dr
  • Address - House Number: 4
  • Address - Street Name: Oakridge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: R006
  • 4-Digit Zip Code: 3450
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $850,500

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 791,712
  • High Value: 924,713
  • Low Value: 658,712

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $721,400
  • Assessed Land Value: $337,500
  • Assessed Improvements Value: $383,900

    Sales

  • Current Sale Recording Date: Apr 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34675
  • Previous Sale Recording Date: Jun 30, 2015
  • Previous Sale Amount: $520,000
  • 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

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2029 ft²

Average Home Age

52.9 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72118947

Frequently Asked Questions

When was property at 4 Oakridge Drive built and last sold?
The property at 4 Oakridge Drive was built in 1987 and last sold on Jan 1, 1970 for $549,900.
How much is this home worth?
The estimated value of the home located at 4 Oakridge Drive is $564,871.
What are some comparable homes to 4 Oakridge Drive?
There are currently no comparable homes to 4 Oakridge Drive.
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