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Franklin Town 02038
136 Summer
$317,500
● House - Off Market

136 Summer

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,648 Ft²
$690,496
RealtyHop Estimate
112.53%
Since Apr 1, 2004
National-US
Primary Model

About This Property

APPEALING UPDATED ANTIQUE, SUPERIOR IN-TOWN LOCATION. WALK TO TRAIN, DOWNTOWN. AMPLE CLOSETS. KITCHEN W/ CENTER ISLAND REFINED DINING RM HAS COFFERED CEILING & RECESSED LIGHTS. 1ST FLR FAM RM. LARGE REAR YARD. REPLACEMENT WINDOWS.
Unit Size
1,648 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$197
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
1880

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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 #30809224)

Price History

Date / Event Date Event Price
Mar 29, 2004 Sold
Premium
Sold
Feb 2, 2004 Listed by Coldwell Banker Residential Brokerage - Franklin $324,900
Listed by Coldwell Banker Residential Brokerage - Franklin
Nov 30, 2001 Sold
Premium
Sold
Sep 25, 2001 Listed by Coldwell Banker Residential Brokerage - Franklin $229,900
Listed by Coldwell Banker Residential Brokerage - Franklin

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 1,072
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,034
  • Total Building Area: 1,711
  • Gross Building Area: 3,434
  • Building Area: 1,711
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,711
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442204

Geography

  • Account Number: 66-252
  • Parcel: FRAN M:286 L:068
  • Lot: 68
  • Municipality: FRANKLIN
  • Latitude: 42.0787
  • Longitude: -71.3922

    Address

  • Full Address: 136 Summer St
  • Address - House Number: 136
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C002
  • 4-Digit Zip Code: 1433
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $515,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2198
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 628,658
  • High Value: 766,899
  • Low Value: 490,417

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $436,900
  • Assessed Land Value: $241,500
  • Assessed Improvements Value: $195,400

    Sales

  • Current Sale Recording Date: Mar 29, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 11220
  • Previous Sale Recording Date: Nov 30, 2001
  • Previous Sale Amount: $222,000
  • 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

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30809224

Frequently Asked Questions

When was property at 136 Summer Street built and last sold?
The property at 136 Summer Street was built in 1880 and last sold on Jan 1, 1970 for $317,500.
How much is this home worth?
The estimated value of the home located at 136 Summer Street is $333,683.
What are some comparable homes to 136 Summer Street?
There are currently no comparable homes to 136 Summer Street.
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