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Franklin Town 02038
51 Phyllis Lane
$416,000
● House - Off Market

51 Phyllis Lane

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,830 Ft²
$736,807
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Wonderfully maintained home, nothing to do but move in!  Hardwood Family Room is Front to Back with fireplace and slider to deck.  Kitchen is update with stainless steel appliances, Maple cabinets and silestone countertops.  Full Bath on both the first and second floors updated.  And Master Bedroom is Front to Back as well with plenty of closet space.  Downstairs there is additional finished space for play room or man town, plenty of space for storage as well.  Or you can use the two car garage and shed for additional storage.  Backyard is all fenced in and ready for cookouts!   Interior photos to follow!
Unit Size
1,830 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$227
Property Type
House
Property Taxes
$408
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: 4 months ago (MLSPIN #71829852)

Price History

Date / Event Date Event Price
Jul 24, 2015 Sold
Premium
Sold
May 4, 2015 Listed by Costello Realty $414,900
Listed by Costello Realty
Aug 31, 2011 Sold
Premium
Sold
May 3, 2011 Listed by Costello Realty $374,900
Listed by Costello Realty
Jul 30, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,298
  • Total Building Area: 1,685
  • Gross Building Area: 4,072
  • Building Area: 1,685
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,685
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLEASANT VIEW ESTATES
  • Land Acres: 0000000512
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 99-038
  • Parcel: FRAN M:240 L:014
  • Lot: 14
  • Municipality: FRANKLIN
  • Latitude: 42.1058
  • Longitude: -71.432

    Address

  • Full Address: 51 Phyllis Ln
  • Address - House Number: 51
  • Address - Street Name: Phyllis
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C015
  • 4-Digit Zip Code: 2871
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $677,500

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 638,306
  • High Value: 740,533
  • Low Value: 536,079

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $574,600
  • Assessed Land Value: $244,300
  • Assessed Improvements Value: $330,300

    Sales

  • Current Sale Recording Date: Jul 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70517
  • Previous Sale Recording Date: Aug 31, 2011
  • Previous Sale Amount: $370,000
  • 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 Town

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2031 ft²

Average Home Age

52.6 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71829852

Frequently Asked Questions

When was property at 51 Phyllis Lane built and last sold?
The property at 51 Phyllis Lane was built in 1985 and last sold on Jan 1, 1970 for $416,000.
How much is this home worth?
The estimated value of the home located at 51 Phyllis Lane is $428,147.
What are some comparable homes to 51 Phyllis Lane?
There are currently no comparable homes to 51 Phyllis Lane.
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