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Franklin Town 02038
9 Redgate Lane
$443,000
● House - Off Market

9 Redgate Lane

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,700 Ft²
$1,250,785
RealtyHop Estimate
171.97%
Since Jul 1, 2001
National-US
Primary Model

About This Property

GOLDEN OPPORTUNITY TO LIVE IN COOK'S FARM. ALL NEUTRAL LIKE NEW HOME, HDWD FLOORS, TILE, LG MASTER SUITE W/WHIRLPOOL, 2 WALK INS. 2 STORY FOYER, CROWN & DENTAL MOLDINGS. 9 FT CEIL. SPRINKLERS, CENTRAL AIR, GAS HEAT. SHOULD WE SAY MORE?
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$170
Property Type
House
Property Taxes
$402
HOA Dues
-
Year Built
1997

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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 years ago (MLSPIN #30481065)

Price History

Date / Event Date Event Price
Jun 25, 2001 Sold
Premium
Sold
Feb 23, 2001 Listed $459,900
Listed
Jan 14, 1997 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,109
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,077
  • Total Building Area: 2,495
  • Gross Building Area: 4,489
  • Building Area: 2,495
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,495
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000622
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442203

Geography

  • Account Number: 59-007-31
  • Parcel: FRAN M:284 L:050
  • Lot: 50
  • Municipality: FRANKLIN
  • Latitude: 42.0782
  • Longitude: -71.3719

    Address

  • Full Address: 9 Red Gate Ln
  • Address - House Number: 9
  • Address - Street Name: Red Gate
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Franklin
  • Carrier Code: C018
  • 4-Digit Zip Code: 1365
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $989,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1253
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 86
  • Final Value: 900,401
  • High Value: 1,013,278
  • Low Value: 787,524

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $839,600
  • Assessed Land Value: $374,200
  • Assessed Improvements Value: $465,400

    Sales

  • Current Sale Recording Date: Jun 25, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 14, 1997
  • Previous Sale Amount: $287,400
  • 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:

$699,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2076 ft²

Average Home Age

52.3 years

Currently For Sale

47 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: 4 years ago
Data Source: MLS PIN, MLS# 30481065

Frequently Asked Questions

When was property at 9 Red Gate Lane built and last sold?
The property at 9 Red Gate Lane was built in 1997 and last sold on Jan 1, 1970 for $443,000.
How much is this home worth?
The estimated value of the home located at 9 Red Gate Lane is $0.
What are some comparable homes to 9 Red Gate Lane?
There are currently no comparable homes to 9 Red Gate Lane.
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