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Southbridge Town 01550
18 Franklin Terrace
$205,000
● House - Off Market

18 Franklin Terrace

Southbridge, MA 01550
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,065 Ft²
$269,008
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Are you looking for a Spacious Home  2000 + sqft living area with original details. This HOME with an open flow- kitchen, dining area , living room and TV/ Family room with built in Entertainment center . Enjoy modern amenities that are combined with classic charm. Kitchen island will stay. It offers a first floor bedroom and 2 full bath one on each floor. 4 bedrooms with possible a 5th bedroom as per public record smaller size. Roof covering the good size deck adding additional entertainment space with a beautiful view to start or end your day with coffee/tea or a glass of wine. The yard in the back for play or relaxation. Convenient location to numerous amenities. Steps leading up to Home. A one car garage of the street.
Unit Size
2,065 Ft²
Days on Market
-
Land Size
-
Price per sqft
$96
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #72676851)

Price History

Date / Event Date Event Price
Sep 18, 2020 Sold
Premium
Sold
Jun 19, 2020 Listed by Coldwell Banker Realty - Sturbridge $199,000
Listed by Coldwell Banker Realty - Sturbridge
May 19, 2008 Sold
Premium
Sold
Oct 4, 2007 Listed by Coldwell Banker Realty - Sturbridge $99,900
Listed by Coldwell Banker Realty - Sturbridge
Feb 13, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 1,216
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,981
  • Total Building Area: 2,250
  • Gross Building Area: 4,000
  • Building Area: 2,250
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,250
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000137
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Southbridge School District
  • School Tax School District: SOUTHBRIDGE SD
  • Census Tract: 757400

Zoning

  • Zoning: R2

Geography

  • Account Number: 2529
  • Parcel: SBRI M:0048 B:0016 L:00001
  • Block: 16
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0741
  • Longitude: -72.0383

    Address

  • Full Address: 18 Franklin Ter
  • Address - House Number: 18
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C005
  • 4-Digit Zip Code: 2418
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $463,600

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 371,767
  • High Value: 448,398
  • Low Value: 295,137

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,700
  • Assessed Land Value: $24,600
  • Assessed Improvements Value: $268,100

    Sales

  • Current Sale Contract Date: Sep 17, 2020
  • Current Sale Recording Date: Sep 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108303
  • Previous Sale Recording Date: May 19, 2008
  • Previous Sale Amount: $100,000
  • 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 Southbridge Town

Stats & Trends

Median Asking:

$399,999

Sale Price/ft²

$211

Below Asking

0.02%

Average Days on Market

62

Average Home Size

2331 ft²

Average Home Age

86.4 years

Currently For Sale

42 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: 6 months ago
Data Source: MLS PIN, MLS# 72676851

Frequently Asked Questions

When was property at 18 Franklin Terrace built and last sold?
The property at 18 Franklin Terrace was built in 1900 and last sold on Sep 17, 2020 for $205,000.
How much is this home worth?
The estimated value of the home located at 18 Franklin Terrace is $210,308.
What are some comparable homes to 18 Franklin Terrace?
There are currently no comparable homes to 18 Franklin Terrace.
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