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Franklin Town 02038
28 Sherman Ave
$435,000
● House - Off Market

28 Sherman Ave

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$759,870
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

A slice of paradise awaits you in Franklin MA.   You will love to entertain year round in this sun splashed, impeccable, quality built expanded  3 bedroom, 2 bath ranch.    Gorgeous kitchen offers beautiful granite work space.  Stainless appliances.  Updated baths, Spacious bedrooms. hardwood floors. Step down family room, pellet stove, bonus room.   An private oasis exists in your impressive back yard including an expansive patio, screen house w/electricity overlooking a fabulous relaxing water feature.  Gorgeous low maintenance gardens.  Detached barn (garage or work space) has electricity, walk up loft and charm. Fenced yard.  Roof, HVAC, H20 all w/in 5 years.  Freshly painted.  1st floor plumbed for laundry.      Once you get here, you will not want to leave!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$300
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1958

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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: 6 months ago (MLSPIN #72037107)

Price History

Date / Event Date Event Price
Aug 30, 2016 Sold
Premium
Sold
Jul 13, 2016 Listed by RE/MAX Executive Realty $449,900
Listed by RE/MAX Executive Realty
Jun 28, 2002 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,401
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 1,481
  • Gross Building Area: 3,318
  • Building Area: 1,481
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,481
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MACKINTOSH ESTS FRANKLIN
  • Land Acres: 0000000590
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 93-081
  • Parcel: FRAN M:261 L:102
  • Lot: 102
  • Municipality: FRANKLIN
  • Latitude: 42.0982
  • Longitude: -71.3936

    Address

  • Full Address: 28 Sherman Ave
  • Address - House Number: 28
  • Address - Street Name: Sherman
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Franklin
  • Carrier Code: C009
  • 4-Digit Zip Code: 1637
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $743,400

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 678,342
  • High Value: 792,414
  • Low Value: 564,269

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $630,500
  • Assessed Land Value: $245,100
  • Assessed Improvements Value: $385,400

    Sales

  • Current Sale Recording Date: Aug 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 87176
  • Previous Sale Recording Date: Jun 28, 2002
  • Previous Sale Amount: $269,700
  • 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

$331

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2076 ft²

Average Home Age

49.2 years

Currently For Sale

66 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: 6 months ago
Data Source: MLS PIN, MLS# 72037107

Frequently Asked Questions

When was property at 28 Sherman Avenue built and last sold?
The property at 28 Sherman Avenue was built in 1958 and last sold on Jan 1, 1970 for $435,000.
How much is this home worth?
The estimated value of the home located at 28 Sherman Avenue is $457,808.
What are some comparable homes to 28 Sherman Avenue?
There are currently no comparable homes to 28 Sherman Avenue.
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