228 Cambridge Pl, Franklin, TN 37067
228 Cambridge Pl, Franklin, TN 37067, for sale at $722,900 ($305/sq ft). 3 bd · 3 ba · 2,373 sqft · $305/sqft · 0.38 ac.
228 Cambridge Pl, Franklin, TN 37067, for sale at $722,900 ($305/sq ft). 3 bd · 3 ba · 2,373 sqft · $305/sqft · 0.38 ac.
For sale · $722,900
MLS #3541407 · listed September 4, 2026 · 61 days on market · updated November 3, 2026
3-bed, 3-bath home at 228 Cambridge Pl in Royal Oaks Sec 9 Ph 3, Franklin, 2,373 sqft, $722,900 ($305/sqft), by South Real Estate Group.
228 Cambridge Pl is a 3-bedroom, 3-bath home in Franklin, TN 37067, offered at $722,900, about $305/sq ft across 2,373 sq ft.
At $305/sq ft, this home is about 7% below the Franklin 37067 median list price per square foot of $329.
Recently sold in Franklin 37067: 165 comparable homes from $490,000 to $975,000, a median of $294/sq ft; this listing at $305/sq ft is about 4% above recent sold prices.
Market read: the Franklin 37067 homes market is balanced as of November 3, 2026, at about 3 months of inventory; recent sales have closed near 99.4% of list in the 12 months to November 3, 2026.
All-in, about $4,581/mo at 20% down (7.27% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $628/mo, roughly 14% of the all-in monthly payment.
At the current 7.27% 30-year rate, principal and interest on this home runs about $3,953/mo; at the 6.75% rate of about three months ago it would be roughly $3,751/mo, so monthly P&I is about $202 higher now.
School zone: assigned to Liberty Elementary, Freedom Middle School, Centennial High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 228 Cambridge Pl (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of November 3, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
NO HOA! Established Neighborhood with mature trees and green space. Awesome Franklin location- close to everything. All brick home with full basement sits on a large lot at the end of cul-de-sac. Hardwood floors, gas FP, granite counters in kitchen and updated owner's bath. Open floor plan and split BR design. This home has NEW windows and french doors, roof 12 yrs old and deck 10 yrs old. Full basement with 2 car garage and 220v wiring alread in place. Finished bonus room and full bath in basement.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 228 Cambridge Pl (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $722,900 | -$7,000 (-1.0%) | |
| Price change | $729,900 | -$5,100 (-0.7%) | |
| Price change | $735,000 | -$4,900 (-0.7%) | |
| Price change | $739,900 | -$4,600 (-0.6%) | |
| Listed | $744,500 |
Listed September 4, 2026, this listing has been on the market 61 days as of November 4, 2026. The price has been reduced 4 times, from $744,500 to $722,900 (-2.9%), most recently on November 3, 2026.
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
228 Cambridge Pl has 2 Realtracs listing records in the GH Market Engine archive. Every dated event the engine holds for this address, newest first, with its source.
| Date | Event | Price | Source |
|---|---|---|---|
| Price change | $722,900 | Realtracs MLS #3541407 | |
| Price change | $729,900 | Realtracs MLS #3541407 | |
| Price change | $735,000 | Realtracs MLS #3541407 | |
| Price change | $739,900 | Realtracs MLS #3541407 | |
| Listed for sale | $744,500 | Realtracs MLS #3541407 | |
| Listing removed | n/a | Realtracs MLS #3243983 | |
| by | Price change | $749,900 | Realtracs MLS #3243983 |
| by | Price change | $772,900 | Realtracs MLS #3243983 |
| by | Price change | $774,000 | Realtracs MLS #3243983 |
| Listed for sale | $775,000 | Realtracs MLS #3243983 |
Realtracs listing activity before June 18, 2026 is not in our archive. Recorded sales come from Williamson County public records. "by" marks a date the archive learned after the fact.
Estimated monthly ownership for 228 Cambridge Pl at $722,900: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $722,900 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 228 Cambridge Pl is about $4,581/mo, 20% down on a 30-year fixed at 7.27% (a conforming loan), including principal & interest $3,953, estimated property tax $236, homeowners insurance $392. Estimate only; not a loan offer.
| Principal & interest | $3,953/mo |
|---|---|
| Property tax (est.) | $236/mo |
| Homeowners insurance (est.) | $392/mo |
| Estimated total | $4,581/mo |
Assumes 20% down, 30-year fixed at 7.27% (Mortgage News Daily, as of November 2, 2026). Property tax uses the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100) at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.27% | $3,568/mo | $4,196/mo | -$385/mo |
| 6.77% | $3,759/mo | $4,387/mo | -$194/mo |
| 7.27% | $3,953/mo | $4,581/mo | current |
| 7.77% | $4,151/mo | $4,779/mo | +$198/mo |
| 8.27% | $4,353/mo | $4,981/mo | +$400/mo |
Principal & interest on a 30-year fixed at 20% down ($578,320 loan), with property tax, insurance held constant at $628/mo. Current 30-year fixed 7.27% (Mortgage News Daily, as of November 2, 2026). Estimate only; not a loan offer.
Owning 228 Cambridge Pl runs about $4,581/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
The Williamson County appraised value of $482,500 trails the $722,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,889 now to roughly $2,830 (appraised value times the 25% Tennessee residential ratio times the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100)). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Williamson County Assessor of Property and Trustee. Estimate only.
| Metric | This home | Franklin 37067 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $305 | $331 median | $294 median |
| Price position | 32nd pctile | -8% vs median | ~99.4% of list |
| Franklin 37067 vs greater Franklin | - | -9% | - |
| Recent closings | - | - | 165 sales |
This listing beside the active Franklin 37067 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 4, 2026.
At $305/sq ft, this home ranks in the 32nd percentile of the 206 active homes in Franklin 37067 by price per square foot.
Prices per square foot in Franklin 37067 run about 9% below greater Franklin.
Taken together, this home is priced toward the lower end per square foot for Franklin 37067.
Computed by Grant Hammond from 206 Franklin 37067 comparables (Realtracs via IDX), as of November 4, 2026, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Brentwood | $367/sq ft |
| Ravenwood | $351/sq ft |
| Franklin | $349/sq ft |
| Independence | $338/sq ft |
| Fred J. Page | $327/sq ft |
| Centennial | $306/sq ft |
| Nolensville | $300/sq ft |
| Summit | $271/sq ft |
| Fairview | $261/sq ft |
Computed by Grant Hammond from active Williamson County listings (Realtracs via IDX).
| Active listings | 105 in Franklin 37067 homes |
|---|---|
| Recent absorption | about 35 sales / mo |
| Months of inventory | 3 months, a balanced market |
Over the past 12 months, homes in Franklin 37067 homes sold at about 99.4% of list price.
Recorded sales in Franklin 37067 homes: 363 in the past 12 months.
Supply-side and recent-sale context for Franklin 37067 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37067 homes closings. Source Realtracs via IDX, as of November 3, 2026.
228 Cambridge Pl sits in Royal Oaks Sec 9 Ph 3, Franklin, Williamson County.
In Franklin 37067, homes there are priced around $329 per square foot; inventory in Franklin 37067 homes is running at about 3 months, a balanced market; recent sales closed near 99.4% of list price; 165 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of November 3, 2026.
Approximately 17 miles from downtown Nashville (straight-line distance).
228 Cambridge Pl is zoned for Liberty Elementary, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 228 Cambridge Pl - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 228 Cambridge Pl, by price and size.
Listed by Misti G Johnson, South Real Estate Group. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Franklin TN home prices: 978 closings, a $949,995 median, $345/sqft, and the new-construction supply behind Williamson County's numbers.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (November 3, 2026), 228 Cambridge Pl, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
228 Cambridge Pl was listed on September 4, 2026 and has been on the market 61 days as of November 4, 2026, per Realtracs.
Yes. It was first listed at $744,500. The price has been reduced 4 times, most recently to $722,900 on November 3, 2026, a total change of -2.9%.
228 Cambridge Pl, Franklin is listed at $722,900, about $305 per square foot across 2,373 square feet.
3 bedrooms and 3 bathrooms.
About $305 per square foot ($722,900 across 2,373 sqft).
228 Cambridge Pl, Franklin was built in 1993.
Yes, 2 garage spaces, per the listing.
No HOA dues are reported for this home.
228 Cambridge Pl, Franklin is in the Royal Oaks Sec 9 Ph 3 subdivision of Franklin.
About $4,581 a month with 20% down on a 30-year fixed at 7.27%, principal and interest $3,953, estimated property tax $236, insurance $392. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
228 Cambridge Pl, Franklin is zoned for Liberty Elementary, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 228 Cambridge Pl, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $305 per square foot, 228 Cambridge Pl, Franklin ranks in the 32nd percentile of active Franklin 37067 listings by price per square foot, roughly 7% below the Franklin 37067 median; recent comparable sales in Franklin 37067 closed near $294 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37067 homes market is currently balanced, at about 3 months of inventory; recent sales have closed near 99.4% of list price over the past year, per Realtracs as of November 3, 2026.
Thinking of selling in Royal Oaks Sec 9 Ph 3?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.