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Franklin Town 02038
5 Oak Tree Lane
$392,500
● House - Off Market

5 Oak Tree Lane

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,866 Ft²
$914,381
RealtyHop Estimate
128.65%
Since Mar 1, 2012
National-US
Primary Model

About This Property

Don't miss this beautiful and bright 3 bedroom Colonial situated on 1.03 acres.  Hardwood floors throughout.  Ceramic tile floors in Kitchen with granite, stainless steel appliances, and island.
Unit Size
1,866 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$214
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1991

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71227429)

Price History

Date / Event Date Event Price
Feb 17, 2012 Sold
Premium
Sold
May 5, 2011 Listed by Century 21 Commonwealth $399,900
Listed by Century 21 Commonwealth
Jul 19, 1999 Sold
Premium
Sold
May 7, 1999 Listed by Century 21 Commonwealth $269,900
Listed by Century 21 Commonwealth

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 933
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,649
  • Total Building Area: 1,758
  • Gross Building Area: 2,988
  • Building Area: 1,758
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,758
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001025
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 116-022-1
  • Parcel: FRAN M:226 L:007
  • Lot: 7
  • Municipality: FRANKLIN
  • Latitude: 42.1161
  • Longitude: -71.4201

    Address

  • Full Address: 5 Oak Tree Ln
  • Address - House Number: 5
  • Address - Street Name: Oak Tree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: R007
  • 4-Digit Zip Code: 1570
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $763,900

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 751,833
  • High Value: 878,251
  • Low Value: 625,414

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $647,900
  • Assessed Land Value: $335,000
  • Assessed Improvements Value: $312,900

    Sales

  • Current Sale Recording Date: Feb 17, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: Jul 19, 1999
  • Previous Sale Amount: $267,500
  • 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 Town

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2076 ft²

Average Home Age

52.3 years

Currently For Sale

47 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: 4 months ago
Data Source: MLS PIN, MLS# 71227429

Frequently Asked Questions

When was property at 5 Oak Tree Lane built and last sold?
The property at 5 Oak Tree Lane was built in 1991 and last sold on Jan 1, 1970 for $392,500.
How much is this home worth?
The estimated value of the home located at 5 Oak Tree Lane is $410,517.
What are some comparable homes to 5 Oak Tree Lane?
There are currently no comparable homes to 5 Oak Tree Lane.
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