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Franklin Town 02038
7 Arrowhead Lane
Photo of 7 Arrowhead Lane
Sold on Sep 10, 2009

1

Map

$435,000
● House - Off Market

7 Arrowhead Lane

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,064 Ft²
$938,826
RealtyHop Estimate
109.09%
Since Oct 1, 2009
National-US
Primary Model

About This Property

This large contemporary cape sits on a professionally landscaped lot in a cul-de-sac neighborhood. Sprinkler system makes it easy to keep green! First floor master with full bath and walk in. Remodeled granite kitchen has an attached sitting room with half bath. Large bedrooms upstairs with lots of closet space. Bonus finished basement has a built in bar and lots of room for parties. The highlight is the hot tub on a screened porch with a new deck off of it. What better way to enjoy the summer!
Unit Size
2,064 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$218
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70947944)

Price History

Date / Event Date Event Price
Sep 10, 2009 Sold
Premium
Sold
Jul 15, 2009 Listed $449,000
Listed
Jul 2, 2009 Sold
Premium
Sold
May 19, 2009 Listed $435,000
Listed
Oct 17, 2000 Sold
Premium
Sold
Show More

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: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,232
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,356
  • Total Building Area: 2,012
  • Gross Building Area: 4,604
  • Building Area: 2,012
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,012
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKLIN
  • Land Acres: 0000000743
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 94-063-02
  • Parcel: FRAN M:262 L:067
  • Lot: 67
  • Municipality: FRANKLIN
  • Latitude: 42.0966
  • Longitude: -71.3852

    Address

  • Full Address: 7 Arrowhead Ln
  • Address - House Number: 7
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C021
  • 4-Digit Zip Code: 3602
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $821,600

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 755,836
  • High Value: 876,886
  • Low Value: 634,787

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $696,900
  • Assessed Land Value: $331,800
  • Assessed Improvements Value: $365,100

    Sales

  • Current Sale Recording Date: Sep 10, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 102876
  • Previous Sale Recording Date: Jul 02, 2009
  • Previous Sale Amount: $439,640
  • 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

$338

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2147 ft²

Average Home Age

52.8 years

Currently For Sale

44 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: 4 months ago
Data Source: MLS PIN, MLS# 70947944

Frequently Asked Questions

When was property at 7 Arrowhead Lane built and last sold?
The property at 7 Arrowhead Lane was built in 1989 and last sold on Jan 1, 1970 for $435,000.
How much is this home worth?
The estimated value of the home located at 7 Arrowhead Lane is $461,793.
What are some comparable homes to 7 Arrowhead Lane?
There are currently no comparable homes to 7 Arrowhead Lane.
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