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Franklin Town 02038
8 Canter Ln
$518,000
● House - Off Market

8 Canter Ln

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,838 Ft²
$554,033
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Welcome to Dover Farms! This home has been cared for by one owner since it was built. Open concept first floor living room/ dining room combo with hdwd flooring, open to the massive eat in kitchen with new vinyl flooring and sliders to the deck. First floor bath has been remodeled to include a walk in shower. Upstairs you will find 3 generous sized bedrooms with ample closet space, newly shampooed carpets, and your second full bath. High ceilings in the basement make it perfect spot to make a game room, office, teen space- whatever makes you happy! One car garage and 1st floor laundry completes this spacious colonial. Don't miss out! Open house Wed Oct 5th 5p-6:30- or book your private showing
Unit Size
1,838 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$286
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
1998

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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: 4 months ago (MLSPIN #73043876)

Price History

Date / Event Date Event Price
Nov 23, 2022 Sold
Premium
Sold
Oct 11, 2022 In contract -
In contract
Oct 3, 2022 Listed by RE/MAX Executive Realty $525,000
Listed by RE/MAX Executive Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 912
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,212
  • Total Building Area: 1,838
  • Gross Building Area: 3,431
  • Building Area: 1,838
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,838
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442103

Geography

  • Account Number: 135-046-04
  • Parcel: FRAN M:211 L:094
  • Lot: 94
  • Municipality: FRANKLIN
  • Latitude: 42.1297
  • Longitude: -71.4394

    Address

  • Full Address: 8 Canter Ln
  • Address - House Number: 8
  • Address - Street Name: Canter
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C007
  • 4-Digit Zip Code: 2664
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $639,500

    Appraisal Valuation

  • Standard Deviation: 0.0704
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 95
  • Final Value: 587,684
  • High Value: 629,070
  • Low Value: 546,297

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $542,400
  • Assessed Land Value: $219,300
  • Assessed Improvements Value: $323,100

    Sales

  • Current Sale Contract Date: Nov 23, 2022
  • Current Sale Recording Date: Nov 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 99787
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

2141 ft²

Average Home Age

52.5 years

Currently For Sale

46 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: 4 months ago
Data Source: MLS PIN, MLS# 73043876

Frequently Asked Questions

When was property at 8 Canter Lane built and last sold?
The property at 8 Canter Lane was built in 1998 and last sold on Nov 23, 2022 for $518,000.
How much is this home worth?
The estimated value of the home located at 8 Canter Lane is $535,430.
What are some comparable homes to 8 Canter Lane?
There are currently no comparable homes to 8 Canter Lane.
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