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Franklin Town 02038
6 Arrowhead Ln
$499,900
● House - Off Market

6 Arrowhead Ln

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,332 Ft²
$811,232
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Beautiful Eight Room, 4 Bedrooms, 2 Full Baths And 1 half, Open Floor Plan, Beautiful Cherry Eat In Kitchen With Granite Countertops With Stainless Appliances New Dishwasher 1 Year Old, Microwave Is 5 Years Old, Enjoy the Deck That Overlooks The Large Back Yard. The Family Room With The Vaulted Ceiling & Fireplace Is Were Everyone Will Want to Be.  Roof Is 7 Years Old. New Heating System And A Hot Water Tank Only 1 Year Old. Exterior Painted 1 Year Ago. New Brick Walkway 2 Years Old.   New Shed In Back Yard Only 6 months Old. This Home With A New front Door Is Just Waiting For You And Your Family On A Cul-De-Sac Street. Property Also Has A Electric Fence For Dogs. Basketball Court In Backyard kids will love it no matter the age. Space To Play Hockey Etc.
Unit Size
2,332 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$236
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1989

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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: 5 months ago (MLSPIN #72446056)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
Jan 25, 2019 Listed by Littleton Realty Group $549,900
Listed by Littleton Realty Group
Apr 19, 2012 Sold
Premium
Sold
Feb 15, 2012 Listed by Littleton Realty Group $420,000
Listed by Littleton Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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: 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: 1,268
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,341
  • Total Building Area: 2,332
  • Gross Building Area: 4,440
  • Building Area: 2,332
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,332
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000605
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 94-062-01
  • Parcel: FRAN M:262 L:063
  • Lot: 63
  • Municipality: FRANKLIN
  • Latitude: 42.097
  • Longitude: -71.3859

    Address

  • Full Address: 6 Arrowhead Ln
  • Address - House Number: 6
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C021
  • 4-Digit Zip Code: 3603
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $857,300

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 778,336
  • High Value: 909,223
  • Low Value: 647,448

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $727,100
  • Assessed Land Value: $330,000
  • Assessed Improvements Value: $397,100

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42695
  • Previous Sale Recording Date: Apr 19, 2012
  • Previous Sale Amount: $416,000
  • 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

$335

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2066 ft²

Average Home Age

51.2 years

Currently For Sale

64 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: 5 months ago
Data Source: MLS PIN, MLS# 72446056

Frequently Asked Questions

When was property at 6 Arrowhead Lane built and last sold?
The property at 6 Arrowhead Lane was built in 1989 and last sold on May 31, 2019 for $499,900.
How much is this home worth?
The estimated value of the home located at 6 Arrowhead Lane is $558,820.
What are some comparable homes to 6 Arrowhead Lane?
There are currently no comparable homes to 6 Arrowhead Lane.
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