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Franklin Town 02038
8 Amy's Way
$304,900
● House - Off Market

8 Amy's Way

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,478 Ft²
$977,071
RealtyHop Estimate
217.33%
Since Aug 1, 1999
National-US
Primary Model

About This Property

BLUE RIBBON HOME!  QUALITY THRUOUT, GRANITE COUNTER TOPS BUILT IN DINING ROOM CHINA BUTLERS PANTRIES--9 FOOT CEILINGS WINDOW SEATS, AIR CONDITIONING, MOST DRAPES STAY GRANDPA BUILT THE SHED--IT GOES--SORRY
Unit Size
2,478 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$124
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1988

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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 years ago (MLSPIN #30318327)

Price History

Date / Event Date Event Price
Mar 2, 2007 Sold
Premium
Sold
Aug 8, 2003 Sold
Premium
Sold
May 31, 2003 Listed $519,900
Listed
Jul 30, 1999 Sold
Premium
Sold
May 8, 1999 Listed $307,900
Listed

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,189
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,212
  • Total Building Area: 2,490
  • Gross Building Area: 5,099
  • Building Area: 2,490
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,490
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HANCOCK PLACE
  • Land Acres: 0000000946
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442103

Geography

  • Account Number: 138-075
  • Parcel: FRAN M:207 L:022
  • Lot: 22
  • Municipality: FRANKLIN
  • Latitude: 42.1329
  • Longitude: -71.4032

    Address

  • Full Address: 8 Amys Way
  • Address - House Number: 8
  • Address - Street Name: Amys
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Franklin
  • Carrier Code: R002
  • 4-Digit Zip Code: 1048
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $844,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 896,499
  • High Value: 1,048,061
  • Low Value: 744,936

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $716,300
  • Assessed Land Value: $333,800
  • Assessed Improvements Value: $382,500

    Sales

  • Current Sale Recording Date: Mar 02, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 08, 2003
  • Previous Sale Amount: $500,000
  • 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

2149 ft²

Average Home Age

53.2 years

Currently For Sale

45 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 years ago
Data Source: MLS PIN, MLS# 30318327

Frequently Asked Questions

When was property at 8 Amy's Way built and last sold?
The property at 8 Amy's Way was built in 1988 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 8 Amy's Way is $542,041.
What are some comparable homes to 8 Amy's Way?
There are currently no comparable homes to 8 Amy's Way.
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