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Franklin Town 02038
25 Sherman Avenue
$410,000
● House - Off Market

25 Sherman Avenue

Franklin, MA 02038
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,088 Ft²
$417,505
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Are you looking to buy for the first time? Want a Single Level Living home? Excellent opportunity to own in Franklin. Great home with room to expand. Home is move-in ready or can be updated with your personal touches. Clean and well maintained on a beautiful level lot in a great neighborhood. Sunny, spacious, living room with fireplace is ideal for entertaining. Updated bath and central air. Indoor access to the garage. Relax in the insulated sun room with access to a private back yard. Walk-up attic offers endless possibilities for 3rd bedroom/bonus room. Full-sized basement is ready to be finished. Conveniently located to all major routes, commuter rail, shops, restaurants and community amenities galore.  Open House, Sunday, September 11, 2022 from 11:00-12:30PM.
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$367
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1952

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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: 5 months ago (MLSPIN #73033180)

Price History

Date / Event Date Event Price
Oct 26, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $399,000
Relisted
Sep 7, 2022 Listed by SelectRE Boston $399,000
Listed by SelectRE Boston

Property Highlights

Garage
Air Conditioning
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: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 908
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,030
  • Total Building Area: 1,088
  • Gross Building Area: 2,196
  • Building Area: 1,088
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000529
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442101

Geography

  • Account Number: 93-041
  • Parcel: FRAN M:261 L:104
  • Lot: 104
  • Municipality: FRANKLIN
  • Latitude: 42.0986
  • Longitude: -71.3933

    Address

  • Full Address: 25 Sherman Ave
  • Address - House Number: 25
  • Address - Street Name: Sherman
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Franklin
  • Carrier Code: C009
  • 4-Digit Zip Code: 1636
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $525,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 532,676
  • High Value: 617,986
  • Low Value: 447,367

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $445,900
  • Assessed Land Value: $244,500
  • Assessed Improvements Value: $201,400

    Sales

  • Current Sale Contract Date: Oct 08, 2022
  • Current Sale Recording Date: Oct 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92286
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

$335

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2030 ft²

Average Home Age

50.2 years

Currently For Sale

65 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73033180

Frequently Asked Questions

When was property at 25 Sherman Avenue built and last sold?
The property at 25 Sherman Avenue was built in 1952 and last sold on Oct 8, 2022 for $410,000.
How much is this home worth?
The estimated value of the home located at 25 Sherman Avenue is $401,747.
What are some comparable homes to 25 Sherman Avenue?
There are currently no comparable homes to 25 Sherman Avenue.
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