For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Franklin 01364
40 Lake Avenue
Photo of 40 Lake Avenue

1

Map

$219,000
● House - Off Market

40 Lake Avenue

Orange, MA 01364
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,194 Ft²
$1,385
Est. Monthly

About This Property

Catch some cooling breezes! Walking distance to beautiful Lake Mattawa with boating,swimming and fishing! Lake is stocked with salmon and trout for great dinners!New carpeting and paint in many rooms, updated in-ground pool, horseshoe pit. Beautiful and spacious eat-in country kitchen, formal dining room, family room and separate living room. The private master suite with bath and jacuzzi overlooks the landscaped back yard.Oversized 2-car garage,newer 5-zone Buderus hw heating system.Very nice!
Unit Size
3,194 Ft²
Days on Market
-
Land Size
1.55 acres
Price per sqft
$69
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1977

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 months ago (MLSPIN #71067420)

Price History

Date / Event Date Event Price
Feb 22, 2019 Sold
Premium
Sold
Jan 21, 2019 Listed by Cohn & Company $209,900
Listed by Cohn & Company
Apr 19, 2010 Listed by Cohn & Company $219,000
Listed by Cohn & Company
Nov 16, 2001 Sold
Premium
Sold
Jun 27, 2001 Listed by Cohn & Company $259,900
Listed by Cohn & Company

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 910
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 37,845
  • Total Building Area: 3,194
  • Gross Building Area: 5,052
  • Building Area: 3,194
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,194
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000869
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • School Tax School District: ORANGE SD
  • School Tax District Code 2: RALPH C MAHAR
  • Census Tract: 040502

Zoning

  • Zoning: C

Geography

  • Account Number: 1695
  • Parcel: ORAN M:0246 B:0000 L:00031
  • Lot: 31
  • Municipality: ORANGE
  • Latitude: 42.5721
  • Longitude: -72.326

    Address

  • Full Address: 40 Lake Ave
  • Address - House Number: 40
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Orange
  • Carrier Code: R001
  • 4-Digit Zip Code: 9754
  • Zip Code: 01364

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $819,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2647
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 61
  • Final Value: 421,520
  • High Value: 536,088
  • Low Value: 306,953

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $470,000
  • Assessed Land Value: $36,700
  • Assessed Improvements Value: $433,300

    Sales

  • Current Sale Contract Date: Feb 13, 2019
  • Current Sale Recording Date: Feb 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1688
  • Previous Sale Recording Date: Nov 16, 2001
  • Previous Sale Amount: $245,000
  • 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

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2166 ft²

Average Home Age

93.4 years

Currently For Sale

160 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: 2 months ago
Data Source: MLS PIN, MLS# 71067420

Frequently Asked Questions

When was property at 40 Lake Avenue built and last sold?
The property at 40 Lake Avenue was built in 1977 and last sold on Feb 13, 2019 for $209,900.
How much is this home worth?
The estimated value of the home located at 40 Lake Avenue is $237,228.
What are some comparable homes to 40 Lake Avenue?
There are currently no comparable homes to 40 Lake Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Orange Homes for Sale
Orange Houses for Sale
Orange Condos for Sale
Orange Multifamily for Sale
Orange Land for Sale
Orange Commercial for Sale
Orange Homes with Basements
Orange Homes with Pools
Nearby Cities
Athol Homes for Sale
Hinsdale Homes for Sale
Winchester Homes for Sale
Barre Homes for Sale
Northfield Homes for Sale
Millers Falls Homes for Sale
Petersham Homes for Sale
Nearby Property Records
Franklin County, MA Property Records
Cheshire County, NH Property Records
Hampshire County, MA Property Records
Worcester County, MA Property Records
Hillsborough County, NH Property Records
Windham County, VT Property Records
Hampden County, MA Property Records
Berkshire County, MA Property Records
Nearby Counties
Athol Homes for Sale
Barre Homes for Sale
Winchester Homes for Sale
Fitzwilliam Homes for Sale
Northfield Homes for Sale
Phillipston Homes for Sale
Shutesbury Homes for Sale
Leverett Homes for Sale
Top Real Estate Agents
Top Agents in Orange
Top Agents in 01331
Top Agents in Athol
Top Agents in Athol
Top Agents in 01364
Top Agents in Barre
Top Agents in 01005
Top Agents in 03470