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Franklin Town 02038
5 Sandy Lane
$495,000
● House - Off Market

5 Sandy Lane

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,666 Ft²
$887,248
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

CUSTOM COLONIAL TUCKED AT THE END OF A CUL-DE-SAC NEIGHBORHOOD~LOCATION-LOCATION-LOCATION~10 RMS/4+ BEDROOMS/2.5 BATHS(PLUS 3RD BATH ROUGHED IN WALKOUT FINISHED BASEMENT) 2 CAR GARAGE~COVERED PORCH/DECK~SHED~PRIVATE FENCED IN BACK YARD~MANY UPDATES/IMPROVEMENTS w/CURRENT OWNERS~NEW FLOORING-WOOD AND CARPET THROUGHOUT~FRESH PAINT~KITCHEN S.S. APPLIANCES, GRANITE COUNTER TOPS, BACKSPLASH~GRANITE/BATHROOMS~OPEN FLOOR PLAN~CATHEDRAL CEILING FIREPLACE FAMILY ROOM~TOWN WATER-TOWN SEWER~MINUTES TO SCHOOLS, COMMUTER TRAIN TO BOSTON, RT 495, MASS PIKE, RT 95~PRICED TO SELL~DON'T MISS THIS ONE~
Unit Size
2,666 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$188
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1987

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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: 6 months ago (MLSPIN #71874514)

Price History

Date / Event Date Event Price
Aug 31, 2015 Sold
Premium
Sold
Jul 16, 2015 Listed by Carey Realty Group, Inc. $499,900
Listed by Carey Realty Group, Inc.
Jan 27, 2012 Sold
Premium
Sold
Oct 18, 2011 Listed by Carey Realty Group, Inc. $399,000
Listed by Carey Realty Group, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • 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: 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: 1,200
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 2,136
  • Gross Building Area: 3,646
  • Building Area: 2,136
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,136
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442203

Geography

  • Account Number: 49-059
  • Parcel: FRAN M:297 L:031
  • Lot: 31
  • Municipality: FRANKLIN
  • Latitude: 42.0726
  • Longitude: -71.3916

    Address

  • Full Address: 5 Sandy Ln
  • Address - House Number: 5
  • Address - Street Name: Sandy
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C002
  • 4-Digit Zip Code: 2326
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $769,400

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 776,374
  • High Value: 906,798
  • Low Value: 645,950

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $652,600
  • Assessed Land Value: $328,000
  • Assessed Improvements Value: $324,600

    Sales

  • Current Sale Recording Date: Aug 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 85489
  • Previous Sale Recording Date: Jan 27, 2012
  • Previous Sale Amount: $373,000
  • 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

2088 ft²

Average Home Age

48 years

Currently For Sale

67 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: 6 months ago
Data Source: MLS PIN, MLS# 71874514

Frequently Asked Questions

When was property at 5 Sandy Lane built and last sold?
The property at 5 Sandy Lane was built in 1987 and last sold on Jan 1, 1970 for $495,000.
How much is this home worth?
The estimated value of the home located at 5 Sandy Lane is $519,609.
What are some comparable homes to 5 Sandy Lane?
There are currently no comparable homes to 5 Sandy Lane.
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