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Franklin Town 02038
212 Summer St
$282,500
● House - Off Market

212 Summer St

Franklin, MA 02038
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,664 Ft²
$452,852
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Tired of renting? Great first time buyers opportunity! Come see this cozy ranch home with hardwood flooring, finished basement, town water/town sewer and fenced in back yard, bring your family and your pets! This property is close to everything, minutes from 495 and the commuter rail, close to shopping, Dean college,new high school, as well as many community recreational areas. The living room boasts cathedral ceilings and bay window. Finished basement makes a great play room and has plenty of storage. This home offers a great opportunity to own a home instead of a condominium.  THIS PROPERTY ALSO QUALIFIES FOR A ZERO DOWN USDA GOVERNMENT LOAN! (For qualifying applicants).
Unit Size
1,664 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$171
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72228056)

Price History

Date / Event Date Event Price
Oct 17, 2017 Sold
Premium
Sold
Sep 13, 2017 Listed by LAER Realty Partners $284,900
Listed by LAER Realty Partners
Jun 16, 2000 Sold
Premium
Sold
Feb 21, 2000 Listed by LAER Realty Partners $177,900
Listed by LAER Realty Partners

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,719
  • Total Building Area: 864
  • Gross Building Area: 1,871
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 864
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FREENBROOK DRIVE
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 58-011
  • Parcel: FRAN M:297 L:001
  • Lot: 1
  • Municipality: FRANKLIN
  • Latitude: 42.0767
  • Longitude: -71.3912

    Address

  • Full Address: 212 Summer St
  • Address - House Number: 212
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C002
  • 4-Digit Zip Code: 1411
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $462,100

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 456,391
  • High Value: 533,708
  • Low Value: 379,074

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $391,900
  • Assessed Land Value: $240,700
  • Assessed Improvements Value: $151,200

    Sales

  • Current Sale Recording Date: Oct 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 98764
  • Previous Sale Recording Date: Jun 16, 2000
  • Previous Sale Amount: $175,000
  • 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:

$695,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2053 ft²

Average Home Age

47.1 years

Currently For Sale

57 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: 5 months ago
Data Source: MLS PIN, MLS# 72228056

Frequently Asked Questions

When was property at 212 Summer Street built and last sold?
The property at 212 Summer Street was built in 1952 and last sold on Jan 1, 1970 for $282,500.
How much is this home worth?
The estimated value of the home located at 212 Summer Street is $302,839.
What are some comparable homes to 212 Summer Street?
There are currently no comparable homes to 212 Summer Street.
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