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Franklin Town 02038
7 Meadow Pkwy
$455,000
● House - Off Market

7 Meadow Pkwy

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,869 Ft²
$495,657
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Spacious ranch style home on .47 acres offers 3 bedrooms with 1 full bath on main floor and an additional office, family room and bedroom with a full bath in the finished walk out basement. Gas Fire Place, Updated Roof, Vinyl Siding, Windows, Nice large corner lot has a wood deck overlooking the fenced yard.  Town water/sewer, Natural Gas. Great neighborhood and commuter location.
Unit Size
1,869 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$241
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1965

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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: 5 years ago (MLSPIN #72899783)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Sep 23, 2021 Listed by ERA Key Realty Services- Fram $449,900
Listed by ERA Key Realty Services- Fram
Mar 26, 1998 Sold
Premium
Sold
Dec 30, 1993 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 994
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,347
  • Total Building Area: 994
  • Gross Building Area: 2,132
  • Building Area: 994
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 994
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000467
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 102-020
  • Parcel: FRAN M:243 L:117
  • Lot: 117
  • Municipality: FRANKLIN
  • Latitude: 42.1044
  • Longitude: -71.3938

    Address

  • Full Address: 7 Meadow Pkwy
  • Address - House Number: 7
  • Address - Street Name: Meadow
  • Address - Suffix Type: Pkwy
  • State: MA
  • City Name: Franklin
  • Carrier Code: C021
  • 4-Digit Zip Code: 1626
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $594,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2141
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 494,172
  • High Value: 600,008
  • Low Value: 388,336

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $503,800
  • Assessed Land Value: $328,100
  • Assessed Improvements Value: $175,700

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 156741
  • Previous Sale Recording Date: Mar 26, 1998
  • Previous Sale Amount: $136,000
  • 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:

$689,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2094 ft²

Average Home Age

47.7 years

Currently For Sale

66 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: 5 years ago
Data Source: MLS PIN, MLS# 72899783

Frequently Asked Questions

When was property at 7 Meadow Parkway built and last sold?
The property at 7 Meadow Parkway was built in 1965 and last sold on Dec 15, 2021 for $455,000.
How much is this home worth?
The estimated value of the home located at 7 Meadow Parkway is $0.
What are some comparable homes to 7 Meadow Parkway?
There are currently no comparable homes to 7 Meadow Parkway.
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