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Franklin Town 02038
4 Sierra Dr
$535,000
● House - Off Market

4 Sierra Dr

Franklin, MA 02038
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,164 Ft²
$794,185
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

*Price Value Range*. The Sellers will only entertain offers between $525,000 and $550,000. A fabulous colonial situated in a desirable cul-de-sac neighborhood. Back deck overlooks a private, wooded backyard. Side entry two car garage. 5 bedrooms and 2.5 bathrooms with a 2nd floor laundry and fully finished basement. 9 ft. ceiling throughout the 1st floor with an office and family room with a gas fireplace. Freshly painted throughout. The kitchen boasts granite counter tops with a large center island. Conveniently located close to Franklin's impressive amenities, commuter rail, and highway. French Drain in place.
Unit Size
3,164 Ft²
Days on Market
-
Land Size
1.21 acres
Price per sqft
$166
Property Type
House
Property Taxes
$585
HOA Dues
-
Year Built
1999

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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 #72312323)

Price History

Date / Event Date Event Price
Aug 9, 2018 Sold
Premium
Sold
Apr 20, 2018 Listed by Coldwell Banker Residential Brokerage - Canton $525,000
Listed by Coldwell Banker Residential Brokerage - Canton

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,244
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,664
  • Total Building Area: 2,411
  • Gross Building Area: 3,930
  • Building Area: 2,411
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,411
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001209
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 116-094
  • Parcel: FRAN M:226 L:031
  • Lot: 31
  • Municipality: FRANKLIN
  • Latitude: 42.1167
  • Longitude: -71.4232

    Address

  • Full Address: 4 Sierra Dr
  • Address - House Number: 4
  • Address - Street Name: Sierra
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: R007
  • 4-Digit Zip Code: 4406
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $835,400

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 798,177
  • High Value: 932,264
  • Low Value: 664,091

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $708,600
  • Assessed Land Value: $339,400
  • Assessed Improvements Value: $369,200

    Sales

  • Current Sale Recording Date: Aug 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69867
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72312323

Frequently Asked Questions

When was property at 4 Sierra Drive built and last sold?
The property at 4 Sierra Drive was built in 1999 and last sold on Jan 1, 1970 for $535,000.
How much is this home worth?
The estimated value of the home located at 4 Sierra Drive is $531,166.
What are some comparable homes to 4 Sierra Drive?
There are currently no comparable homes to 4 Sierra Drive.
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