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Franklin Town 02038
7 Pine Knoll Rd
$345,000
● House - Off Market

7 Pine Knoll Rd

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,382 Ft²
$597,567
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Welcome home to this 3 bedroom, 1 bath colonial nestled in the middle of a quiet cul-de-sac in one of the best locations in town. This beautifully updated home offers a large kitchen with brand new cabinets, granite and tile. The first floor includes all new gleaming hardwood, large fireplaced living room, dining room and a 1st floor bedroom with an abundance of natural light. The second level has new carpeting and features 2 very spacious bedrooms including a large master with 2 closets. There is also an additional room upstairs that could be used as an office or nursery.  The basement includes a washer/dryer, and boasts flexible space that could be used as a a family room, office or playroom.
Unit Size
1,382 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$253
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1960

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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 months ago (MLSPIN #71989871)

Price History

Date / Event Date Event Price
May 27, 2016 Sold
Premium
Sold
Apr 18, 2016 Listed by ERA Key Realty Services-Bay State Group $349,900
Listed by ERA Key Realty Services-Bay State Group
Oct 24, 2008 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,404
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,132
  • Total Building Area: 2,694
  • Gross Building Area: 4,292
  • Building Area: 2,694
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,694
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000439
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442104

Geography

  • Account Number: 83-029
  • Parcel: FRAN M:260 L:043
  • Lot: 43
  • Municipality: FRANKLIN
  • Latitude: 42.0949
  • Longitude: -71.4051

    Address

  • Full Address: 7 Pine Knoll Rd
  • Address - House Number: 7
  • Address - Street Name: Pine Knoll
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C012
  • 4-Digit Zip Code: 1844
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $741,700

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 775,974
  • High Value: 900,249
  • Low Value: 651,699

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $629,100
  • Assessed Land Value: $326,700
  • Assessed Improvements Value: $302,400

    Sales

  • Current Sale Recording Date: May 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 49301
  • Previous Sale Recording Date: Oct 24, 2008
  • Previous Sale Amount: $115,000
  • 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:

$695,000

Sale Price/ft²

$334

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2043 ft²

Average Home Age

51.3 years

Currently For Sale

62 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 months ago
Data Source: MLS PIN, MLS# 71989871

Frequently Asked Questions

When was property at 7 Pine Knoll Road built and last sold?
The property at 7 Pine Knoll Road was built in 1960 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 7 Pine Knoll Road is $359,868.
What are some comparable homes to 7 Pine Knoll Road?
There are currently no comparable homes to 7 Pine Knoll Road.
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