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Franklin Town 02038
6 Monterey Dr
$767,000
● House - Off Market

6 Monterey Dr

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,362 Ft²
$809,036
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Welcome to the highly desirable Pleasant View Estates, a charming multi cul-de-sac neighborhood!  Nothing to do but move right in to this one owner beautifully maintained colonial. Located less than a mile from downtown Franklin, Commuter Rail, and DelCarte Conservation area with beautiful trails and playground. This lovingly cared for home features 4 beds, 2.5 baths, expansive eat in kitchen, formal dining room, and vaulted family room. Finished basement area provides extra recreational flex space. New owners will surely enjoy laundry on the second floor and huge master closet. Schedule your showing today. This one won't last long! Showings begin Saturday May 1st at open house.
Unit Size
3,362 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$208
Property Type
House
Property Taxes
$709
HOA Dues
-
Year Built
1994

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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 years ago (MLSPIN #72820354)

Price History

Date / Event Date Event Price
Jul 19, 2021 Sold
Premium
Sold
Apr 26, 2021 Listed by RE/MAX Executive Realty $700,000
Listed by RE/MAX Executive Realty

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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: 1,308
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,292
  • Total Building Area: 2,697
  • Gross Building Area: 5,319
  • Building Area: 2,697
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,697
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000489
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 84-160-06
  • Parcel: FRAN M:268 L:125
  • Lot: 125
  • Municipality: FRANKLIN
  • Latitude: 42.0929
  • Longitude: -71.3928

    Address

  • Full Address: 6 Monterey Dr
  • Address - House Number: 6
  • Address - Street Name: Monterey
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: C008
  • 4-Digit Zip Code: 3628
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $932,800

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 889,131
  • High Value: 1,038,497
  • Low Value: 739,765

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $791,200
  • Assessed Land Value: $361,100
  • Assessed Improvements Value: $430,100

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93930
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

2076 ft²

Average Home Age

52.3 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72820354

Frequently Asked Questions

When was property at 6 Monterey Drive built and last sold?
The property at 6 Monterey Drive was built in 1994 and last sold on Jul 19, 2021 for $767,000.
How much is this home worth?
The estimated value of the home located at 6 Monterey Drive is $0.
What are some comparable homes to 6 Monterey Drive?
There are currently no comparable homes to 6 Monterey Drive.
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