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Franklin Town 02038
54 Pine Ridge Dr
Photo of 54 Pine Ridge Dr
Sold on Oct 20, 2025

30

Map

Photo of 54 Pine Ridge Dr
Photo of 54 Pine Ridge Dr
$577,500
● House - Off Market

54 Pine Ridge Dr

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,325 Ft²
$3,261
Est. Monthly
6.09%
Cap Rate

About This Property

Don't miss this wonderful chance to own in a great neighborhood! This three-bedroom ranch is warm and inviting, with a cozy fireside living room and a spacious, cabinet-packed kitchen. Enjoy morning coffee in the three-season porch or unwind in one of the three comfortable bedrooms. The lower level adds flexible space with a second full bath and walk-out access to a private backyard oasis, complete with a beautiful gunite inground pool. Whether you're hosting or relaxing, you'll love the outdoor space and welcoming community vibe. Come make this home your own!  Offers if any due Tuesday, August 12th by 1 pm.
Unit Size
1,325 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$422
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
1955

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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: 12 months ago (MLSPIN #73414779)

Price History

Date / Event Date Event Price
Oct 20, 2025 Sold
Premium
Sold
Aug 14, 2025 In contract -
In contract
Aug 6, 2025 Listed by Coldwell Banker Realty - Franklin $559,000
Listed by Coldwell Banker Realty - Franklin

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,325
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 22,359
  • Total Building Area: 1,325
  • Gross Building Area: 3,638
  • Building Area: 1,325
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,325
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000513
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442101

Geography

  • Account Number: 93-052
  • Parcel: FRAN M:250 L:122
  • Lot: 122
  • Municipality: FRANKLIN
  • Latitude: 42.1003
  • Longitude: -71.3916

    Address

  • Full Address: 54 Pine Ridge Dr
  • Address - House Number: 54
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C021
  • 4-Digit Zip Code: 1608
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $594,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 583,178
  • High Value: 676,305
  • Low Value: 490,051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $504,100
  • Assessed Land Value: $244,300
  • Assessed Improvements Value: $259,800

    Sales

  • Current Sale Recording Date: Apr 18, 2014
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 28346
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

$338

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2141 ft²

Average Home Age

52.5 years

Currently For Sale

46 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: 12 months ago
Data Source: MLS PIN, MLS# 73414779

Frequently Asked Questions

When was property at 54 Pine Ridge Drive built and last sold?
The property at 54 Pine Ridge Drive was built in 1955 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 54 Pine Ridge Drive is $0.
What are some comparable homes to 54 Pine Ridge Drive?
There are currently no comparable homes to 54 Pine Ridge Drive.
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