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Franklin Town 02038
LOT 9 October Drive
$988,900
● House - Off Market

LOT 9 October Drive

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
5 Baths
square feet
4,500 Ft²
$1,866,700
RealtyHop Estimate
88.77%
Since Mar 1, 2005
National-US
Primary Model

About This Property

TO BE BUILT CUSTOM HOME ON BEAUTIFUL WOODED LOT. EXCEPTIONAL BUILDER TO WORK WITH. WALK-OUT BASEMENT WITH ROUGH PLUMBING FOR 5TH BATH. DELIVERY FOR END OF YEAR 2004. BEAUTIFUL 4-SEASON SUNROOM; SITTING ROOM OFF MASTER; MUD ROOM. BONUS * FINISHED PLAYROOM, OFFICE AND BATHROOM IN WALK-OUT BASEMENT, OVER 5,000 SQ. FT. OF LIVING SPACE. BUILD YOUR DREAM HOME TODAY!
Unit Size
4,500 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$220
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

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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: 5 months ago (MLSPIN #70083180)

Price History

Date / Event Date Event Price
Feb 15, 2005 Sold
Premium
Sold
Aug 30, 2004 Listed by ERA Key Realty Services $988,900
Listed by ERA Key Realty Services
TO BE BUILT CUSTOM HOME ON BEAUTIFUL WOODED LOT. EXCEPTIONAL BUILDER TO WORK WITH. WALK-OUT BASEMENT WITH ROUGH PLUMBING FOR 5TH BATH. DELIVERY FOR END OF YEAR 2004. BEAUTIFUL 4-SEASON SUNROOM; SITTING ROOM OFF MASTER; MUD ROOM. BONUS * FINISHED PLAYROOM, OFFICE AND BATHROOM IN WALK-OUT BASEMENT, OVER 5,000 SQ. FT. OF LIVING SPACE. BUILD YOUR DREAM HOME TODAY!
Jul 21, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,768
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 72,615
  • Total Building Area: 3,295
  • Gross Building Area: 6,626
  • Building Area: 3,295
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,295
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001667
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442201

Geography

  • Account Number: 20-003-04
  • Parcel: FRAN M:325 L:027
  • Lot: 27
  • Municipality: FRANKLIN
  • Latitude: 42.0545
  • Longitude: -71.4501

    Address

  • Full Address: 9 October Dr
  • Address - House Number: 9
  • Address - Street Name: October
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Franklin
  • Carrier Code: R004
  • 4-Digit Zip Code: 3471
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,086,300

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 951,914
  • High Value: 1,104,366
  • Low Value: 799,462

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $921,400
  • Assessed Land Value: $396,800
  • Assessed Improvements Value: $524,600

    Sales

  • Current Sale Recording Date: Jul 21, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 168947
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

$335

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2066 ft²

Average Home Age

51.2 years

Currently For Sale

64 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: 5 months ago
Data Source: MLS PIN, MLS# 70083180

Frequently Asked Questions

When was property at 9 October Drive built and last sold?
The property at 9 October Drive was built in 2002 and last sold on Jan 1, 1970 for $640,000.
How much is this home worth?
The estimated value of the home located at 9 October Drive is $1,022,494.
What are some comparable homes to 9 October Drive?
There are currently no comparable homes to 9 October Drive.
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