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Franklin 01364
87 Prescott Ln
$139,900
● House - Off Market

87 Prescott Ln

Orange, MA 01364
bedrooms
2 Beds
bathrooms
2 Baths
square feet
960 Ft²
$272,733
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

South facing Ranch on a quiet country lane. One Acre, Paved Drive, 2 small decks and oversized detached storage.  Vaulted ceiling in the kitchen, first floor bath with handicap access. Lower level room could be Family Room or Master Suite, Full Bath with jetted tub and shower.  Wet/Dry Sauna.  Central air. Central Heat Propane with Electric back-up.  Easy to Show!
Unit Size
960 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$146
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1991

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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 #71569801)

Price History

Date / Event Date Event Price
Oct 17, 2013 Sold
Premium
Sold
Aug 14, 2013 Listed by Bartlett Real Estate $139,900
Listed by Bartlett Real Estate

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 960
  • Gross Building Area: 2,646
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST BROOK ACRES
  • Land Acres: 0000001070
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • School Tax School District: ORANGE SD
  • School Tax District Code 2: RALPH C MAHAR
  • Census Tract: 040502

Zoning

  • Zoning: D

Geography

  • Account Number: 1408
  • Parcel: ORAN M:0232 B:0000 L:00023
  • Lot: 23
  • Municipality: ORANGE
  • Latitude: 42.5907
  • Longitude: -72.269

    Address

  • Full Address: 87 Prescott Ln
  • Address - House Number: 87
  • Address - Street Name: Prescott
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Orange
  • Carrier Code: R003
  • 4-Digit Zip Code: 9550
  • Zip Code: 01364

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $408,800

    Appraisal Valuation

  • Standard Deviation: 0.1945
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 61
  • Final Value: 277,375
  • High Value: 331,329
  • Low Value: 223,420

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $234,400
  • Assessed Land Value: $38,400
  • Assessed Improvements Value: $196,000

    Sales

  • Current Sale Recording Date: Oct 17, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12464
  • Previous Sale Recording Date: Oct 17, 2013
  • Previous Sale Amount: $139,900
  • Previous Sale Document Type: O
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

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2172 ft²

Average Home Age

99.4 years

Currently For Sale

156 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

Unit for rent at 419 E River St, Orange, MA, 01364

$989 /mo

  • 1 Bed
  • 1 Bath
419 E River St, Orange, MA, 01364 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71569801

Frequently Asked Questions

When was property at 87 Prescott Lane built and last sold?
The property at 87 Prescott Lane was built in 1991 and last sold on Jan 1, 1970 for $139,900.
How much is this home worth?
The estimated value of the home located at 87 Prescott Lane is $145,869.
What are some comparable homes to 87 Prescott Lane?
There are currently no comparable homes to 87 Prescott Lane.
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