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Franklin 01364
45 Lake Avenue
Photo of 45 Lake Avenue
Sold on Dec 14, 2004

1

Map

$194,900
● House - Off Market

45 Lake Avenue

Orange, MA 01364
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,728 Ft²
$378,128
RealtyHop Estimate
94.01%
Since Jan 1, 2005
National-US
Primary Model

About This Property

Not a drive-by!  Do yourself a favor and take a look at this awesome property!  Spacious Contemporary Cape style home located within a stone's throw to Lake Mattawa.  Vaulted ceilings, interior balcony overlooking the open living/dining rooms, new berber carpeting throughout, sunny family room with hardwood floors and cathedral ceilings overlooking the most beautiful wooded setting and extremely close to Rt.2 ... a lovely home with lots of great space, a fantastic layout and walk to the beach!
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$113
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1985

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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 #70092846)

Price History

Date / Event Date Event Price
Dec 15, 2004 Sold
Premium
Sold
Sep 19, 2004 Listed $194,900
Listed
Jul 24, 2003 Sold
Premium
Sold
Jan 18, 2003 Listed $172,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,122
  • Total Building Area: 1,872
  • Gross Building Area: 3,446
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000646
  • 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: 1698
  • Parcel: ORAN M:0246 B:0000 L:00026
  • Lot: 26
  • Municipality: ORANGE
  • Latitude: 42.5729
  • Longitude: -72.327

    Address

  • Full Address: 45 Lake Ave
  • Address - House Number: 45
  • 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: $472,800

    Appraisal Valuation

  • Standard Deviation: 0.2647
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 61
  • Final Value: 312,684
  • High Value: 397,671
  • Low Value: 227,698

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $271,100
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $237,100

    Sales

  • Current Sale Recording Date: Dec 15, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 24, 2003
  • Previous Sale Amount: $150,000
  • 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

$233

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2163 ft²

Average Home Age

92.9 years

Currently For Sale

162 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: 5 months ago
Data Source: MLS PIN, MLS# 70092846

Frequently Asked Questions

When was property at 45 Lake Avenue built and last sold?
The property at 45 Lake Avenue was built in 1985 and last sold on Jan 1, 1970 for $194,900.
How much is this home worth?
The estimated value of the home located at 45 Lake Avenue is $205,597.
What are some comparable homes to 45 Lake Avenue?
There are currently no comparable homes to 45 Lake Avenue.
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