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Franklin Town 02038
4 Shady Lane
$419,000
● House - Off Market

4 Shady Lane

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,988 Ft²
$824,122
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Pack Your Bags - This Home Is Move In Ready! Come See This 4-5 Bedroom Colonial Located In a Great Neighborhood Setting * Open Floor Plan *  Hardwood Floors Throughout The 1st Floor *  Updated Kitchen & Baths & Windows * Lots of Cabinets & Corian Countertops In Kitchen * 1st Floor Office, Bedroom & Full Bath * Large Master Suite * Master Bath Has Jetted Soaking Tub & Separate Shower * Plantation Shutters * Central A/C * New Gas Furnace & Hot Water Tank * FullyFenced Back Yard & Shed * Come See!!
Unit Size
1,988 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$211
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1965

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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: 5 months ago (MLSPIN #71513759)

Price History

Date / Event Date Event Price
Jun 18, 2013 Sold
Premium
Sold
Apr 24, 2013 Listed by ERA Key Realty Services- Milf $419,900
Listed by ERA Key Realty Services- Milf

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 994
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 15,804
  • Total Building Area: 1,988
  • Gross Building Area: 3,114
  • Building Area: 1,988
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,988
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BENJAMIN FRANKLIN ESTATES
  • Land Acres: 0000000363
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442101

Geography

  • Account Number: 111-120
  • Parcel: FRAN M:243 L:092
  • Lot: 92
  • Municipality: FRANKLIN
  • Latitude: 42.1073
  • Longitude: -71.3902

    Address

  • Full Address: 4 Shady Ln
  • Address - House Number: 4
  • Address - Street Name: Shady
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C021
  • 4-Digit Zip Code: 1635
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $731,600

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 733,685
  • High Value: 857,064
  • Low Value: 610,306

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $620,500
  • Assessed Land Value: $326,700
  • Assessed Improvements Value: $293,800

    Sales

  • Current Sale Recording Date: Jun 18, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71975
  • Previous Sale Recording Date: Jun 18, 2013
  • Previous Sale Amount: $419,000
  • 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:

$695,000

Sale Price/ft²

$335

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2022 ft²

Average Home Age

45.5 years

Currently For Sale

56 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: 5 months ago
Data Source: MLS PIN, MLS# 71513759

Frequently Asked Questions

When was property at 4 Shady Lane built and last sold?
The property at 4 Shady Lane was built in 1965 and last sold on Jan 1, 1970 for $419,000.
How much is this home worth?
The estimated value of the home located at 4 Shady Lane is $435,872.
What are some comparable homes to 4 Shady Lane?
There are currently no comparable homes to 4 Shady Lane.
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