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Franklin Town 02038
5 Peters Ln
$560,000
● House - Off Market

5 Peters Ln

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,000 Ft²
$1,068,137
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Seller being relocated and must give up this wonderful home in the sought after Diana Estates Neighborhood!  Beautiful Custom Cabinetry with Granite and Stainless Steel appliances in the open eat-in kitchen with hardwood floors. Family room is warm and inviting w/ brick fireplace.  Formal Dining Room, Living room, office, and laundry all on 1st floor! Master Suite w/ full bath and 3 additional bedrooms and a full bath on 2nd floor.  Great mud room area w/ lots of storage through garage and great media/playroom on lower level.  New Franklin High School opening in the fall in the #1 Safest City as ranked by neighborhoodscout.com!  Come see at the first showings on Sunday July 13th at the Open House from 1-2pm!
Unit Size
3,000 Ft²
Days on Market
-
Land Size
1.35 acres
Price per sqft
$192
Property Type
House
Property Taxes
$600
HOA Dues
-
Year Built
1990

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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: 6 months ago (MLSPIN #71712656)

Price History

Date / Event Date Event Price
Aug 29, 2014 Sold
Premium
Sold
Jul 11, 2014 Listed by Keller Williams Realty $575,000
Listed by Keller Williams Realty
Sep 26, 2013 Sold
Premium
Sold
Aug 6, 2013 Listed by Keller Williams Realty $550,000
Listed by Keller Williams Realty
Sep 1, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,484
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 58,632
  • Total Building Area: 2,604
  • Gross Building Area: 4,368
  • Building Area: 2,604
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,604
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DIANNA ESTATES
  • Land Acres: 0000001346
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442201

Geography

  • Account Number: 16-050
  • Parcel: FRAN M:335 L:091
  • Lot: 91
  • Municipality: FRANKLIN
  • Latitude: 42.0488
  • Longitude: -71.4187

    Address

  • Full Address: 5 Peters Ln
  • Address - House Number: 5
  • Address - Street Name: Peters
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: R004
  • 4-Digit Zip Code: 3351
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,040,900

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 912,564
  • High Value: 1,067,160
  • Low Value: 757,969

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $882,900
  • Assessed Land Value: $383,200
  • Assessed Improvements Value: $499,700

    Sales

  • Current Sale Recording Date: Aug 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75427
  • Previous Sale Recording Date: Sep 26, 2013
  • Previous Sale Amount: $550,000
  • 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

$331

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2076 ft²

Average Home Age

49.2 years

Currently For Sale

66 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71712656

Frequently Asked Questions

When was property at 5 Peters Lane built and last sold?
The property at 5 Peters Lane was built in 1990 and last sold on Jan 1, 1970 for $560,000.
How much is this home worth?
The estimated value of the home located at 5 Peters Lane is $601,015.
What are some comparable homes to 5 Peters Lane?
There are currently no comparable homes to 5 Peters Lane.
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