
24
Map


8 Franklin St #7
About This Property
Listed By
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 3, 2025 | Price Decreased |
$339,000
↓ $10K
(2.9%) | |
Price Decreased | |||
Jan 21, 2025 | In contract | - | |
In contract | |||
Jan 19, 2025 | Listed by Coldwell Banker Realty - Marblehead | $349,000 | |
Listed by Coldwell Banker Realty - Marblehead | |||
Mar 8, 2024 | Sold | ||
Sold | |||
Feb 7, 2024 | In contract | - | |
In contract |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/01/2024
|
Studio
|
1 Bath
|
419 ft²
|
$150,000
Studio
1 Bath
419 ft²
|
$177,300
+18.20%
03/08/2024
|
-
|
Graeme Jones
Coldwell Banker Realty - Marblehead
| |
01/05/2023
|
1 Bed
|
1 Bath
|
430 ft²
|
$199,000
1 Bed
1 Bath
430 ft²
|
$199,000
03/07/2023
|
-
|
Lise Danforth
Coldwell Banker Realty - Marblehead
| |
06/01/2022
|
1 Bed
|
1 Bath
|
896 ft²
|
$359,000
1 Bed
1 Bath
896 ft²
|
$332,000
-7.52%
11/23/2022
|
-
|
Steven Petruzello
Keller Williams Realty-Merrimack
| |
11/16/2021
|
1 Bed
|
1 Bath
|
348 ft²
|
$244,900
1 Bed
1 Bath
348 ft²
|
$237,500
-3.02%
01/31/2022
|
-
|
Elisabeth Preis
Compass
| |
12/02/2020
|
2 Bed
|
1 Bath
|
684 ft²
|
$325,000
2 Bed
1 Bath
684 ft²
|
$322,250
-0.85%
01/12/2021
|
-
|
Kim Piculell
Compass
| |
04/24/2020
|
1 Bed
|
1 Bath
|
430 ft²
|
$195,000
1 Bed
1 Bath
430 ft²
|
$185,000
-5.13%
09/11/2020
|
-
|
Cynthia Kilbarger
RE/MAX 360
| |
02/21/2019
|
1 Bed
|
1 Bath
|
581 ft²
|
$229,000
1 Bed
1 Bath
581 ft²
|
$229,000
04/01/2019
|
-
|
Linda Hayes
William Raveis R.E. & Home Services
| |
02/05/2019
|
1 Bed
|
1 Bath
|
342 ft²
|
$155,000
1 Bed
1 Bath
342 ft²
|
$170,000
+9.68%
04/09/2019
|
-
|
Cynthia Kilbarger
RE/MAX 360
| |
09/04/2018
|
1 Bed
|
1 Bath
|
397 ft²
|
$159,000
1 Bed
1 Bath
397 ft²
|
$160,000
+0.63%
10/30/2018
|
-
|
Emily Gaffney
Coldwell Banker Realty - Marblehead
| |
11/14/2017
|
2 Bed
|
1 Bath
|
910 ft²
|
$315,000
2 Bed
1 Bath
910 ft²
|
$294,500
-6.51%
01/18/2018
|
-
|
Sarah Myles-Lennox
MerryFox Realty
| |
09/05/2017
|
1 Bed
|
1 Bath
|
425 ft²
|
$165,000
1 Bed
1 Bath
425 ft²
|
$155,000
-6.06%
10/18/2017
|
-
|
Stephanie Moio
J. Barrett & Company
| |
05/16/2017
|
1 Bed
|
1 Bath
|
606 ft²
|
$230,000
1 Bed
1 Bath
606 ft²
|
$215,000
-6.52%
06/30/2017
|
-
|
Jacqueline Polimeni
Coldwell Banker Realty - Marblehead
| |
08/13/2016
|
1 Bed
|
1 Bath
|
402 ft²
|
$169,900
1 Bed
1 Bath
402 ft²
|
$160,000
-5.83%
03/08/2017
|
-
|
Michael Cannuscio
Sagan Harborside Sotheby's International Realty
| |
04/03/2015
|
1 Bed
|
1 Bath
|
978 ft²
|
$314,900
1 Bed
1 Bath
978 ft²
|
$305,000
-3.14%
05/29/2015
|
-
|
Lise Danforth
Coldwell Banker Realty - Marblehead
| |
03/13/2015
|
1 Bed
|
1 Bath
|
896 ft²
|
$239,900
1 Bed
1 Bath
896 ft²
|
$233,000
-2.88%
05/07/2015
|
-
|
Brian Skidmore
Sagan Harborside Sotheby's International Realty
| |
04/01/2014
|
2 Bed
|
1 Bath
|
910 ft²
|
$250,000
2 Bed
1 Bath
910 ft²
|
$240,000
-4.00%
07/15/2014
|
-
|
Cynthia Kilbarger
RE/MAX 360
| |
02/04/2014
|
1 Bed
|
1 Bath
|
621 ft²
|
$179,000
1 Bed
1 Bath
621 ft²
|
$160,000
-10.61%
03/03/2014
|
-
|
Susan DeFelice
Keller Williams Realty Boston-Metro | Back Bay
| |
10/08/2013
|
1 Bed
|
1 Bath
|
1072 ft²
|
$288,500
1 Bed
1 Bath
1072 ft²
|
$270,000
-6.41%
01/27/2014
|
-
|
Mary Stewart
Lynnfield Associates
| |
05/21/2013
|
1 Bed
|
1 Bath
|
397 ft²
|
$144,900
1 Bed
1 Bath
397 ft²
|
$141,000
-2.69%
09/08/2014
|
-
|
Lise Danforth
Coldwell Banker Realty - Marblehead
| |
06/11/2012
|
1 Bed
|
1 Bath
|
422 ft²
|
$112,000
1 Bed
1 Bath
422 ft²
|
$104,000
-7.14%
10/12/2012
|
-
|
Lise Danforth
Coldwell Banker Realty - Marblehead
| |
02/28/2012
|
1 Bed
|
1 Bath
|
621 ft²
|
$155,000
1 Bed
1 Bath
621 ft²
|
$148,500
-4.19%
05/15/2012
|
-
|
Linda Hayes
William Raveis R.E. & Home Services
| |
12/15/2011
|
1 Bed
|
1 Bath
|
542 ft²
|
$159,500
1 Bed
1 Bath
542 ft²
|
$155,000
-2.82%
05/04/2012
|
-
|
Lise Danforth
Coldwell Banker Realty - Marblehead
| |
10/11/2011
|
1 Bed
|
1 Bath
|
430 ft²
|
$95,000
1 Bed
1 Bath
430 ft²
|
$91,500
-3.68%
05/01/2012
|
-
|
Sussi Danforth
Coldwell Banker Realty - Marblehead
| |
05/03/2011
|
1 Bed
|
1 Bath
|
978 ft²
|
$349,000
1 Bed
1 Bath
978 ft²
|
$325,000
-6.88%
06/27/2011
|
-
|
Cynthia Kilbarger
RE/MAX 360
| |
03/29/2011
|
1 Bed
|
1 Bath
|
1072 ft²
|
$219,000
1 Bed
1 Bath
1072 ft²
|
$200,000
-8.68%
06/03/2011
|
-
|
Mary Stewart
Lynnfield Associates
| |
05/08/2010
|
1 Bed
|
1 Bath
|
542 ft²
|
$183,000
1 Bed
1 Bath
542 ft²
|
$175,000
-4.37%
08/30/2010
|
-
|
Jenny May
J. Barrett & Company
| |
09/08/2009
|
2 Bed
|
1 Bath
|
910 ft²
|
$249,000
2 Bed
1 Bath
910 ft²
|
$200,000
-19.68%
02/08/2010
|
-
|
Cynthia Kilbarger
RE/MAX 360
| |
04/14/2008
|
1 Bed
|
1 Bath
|
606 ft²
|
$209,000
1 Bed
1 Bath
606 ft²
|
$212,500
+1.67%
07/25/2008
|
-
|
Zoe Karademos
Coldwell Banker Realty - Beverly
| |
06/28/2007
|
1 Bed
|
1 Bath
|
621 ft²
|
$175,000
1 Bed
1 Bath
621 ft²
|
$175,000
05/30/2008
|
-
|
Chuck Carey
Peter A. Marino Realty
| |
09/15/2006
|
1 Bed
|
1 Bath
|
430 ft²
|
$124,000
1 Bed
1 Bath
430 ft²
|
$113,000
-8.87%
03/12/2007
|
-
|
Mitch Levine
Sagan Harborside Sotheby's International Realty
| |
03/14/2006
|
1 Bed
|
1 Bath
|
542 ft²
|
$211,900
1 Bed
1 Bath
542 ft²
|
$208,000
-1.84%
08/31/2006
|
-
|
Cynthia Kilbarger
RE/MAX 360
| |
06/06/2005
|
1 Bed
|
1 Bath
|
978 ft²
|
$425,000
1 Bed
1 Bath
978 ft²
|
$390,000
-8.24%
09/29/2005
|
-
|
M. Patricia Reichheld
Paul Stevens REALTORS®
| |
04/25/2005
|
2 Bed
|
1 Bath
|
910 ft²
|
$339,000
2 Bed
1 Bath
910 ft²
|
$330,000
-2.65%
06/30/2005
|
-
|
Charlene Delaney
Vadala Real Estate
| |
11/30/2004
|
Studio
|
1 Bath
|
397 ft²
|
$168,000
Studio
1 Bath
397 ft²
|
$150,000
-10.71%
06/27/2005
|
-
|
Mary Stewart
Lynnfield Associates
| |
06/10/2004
|
Studio
|
1 Bath
|
419 ft²
|
$164,900
Studio
1 Bath
419 ft²
|
$162,000
-1.76%
09/30/2004
|
-
|
Arlene Rothblatt
Sagan Harborside Sotheby's International Realty
| |
03/02/2004
|
1 Bed
|
1 Bath
|
621 ft²
|
$179,900
1 Bed
1 Bath
621 ft²
|
$177,000
-1.61%
04/21/2004
|
-
|
Jonathan Magee
Sagan Harborside Sotheby's International Realty
| |
08/18/2003
|
1 Bed
|
1 Bath
|
760 ft²
|
$199,000
1 Bed
1 Bath
760 ft²
|
$200,000
+0.50%
10/10/2003
|
-
|
Marilyn Winick
Sagan Harborside Sotheby's International Realty
| |
10/11/2002
|
1 Bed
|
1 Bath
|
419 ft²
|
$139,900
1 Bed
1 Bath
419 ft²
|
$121,500
-13.15%
03/03/2003
|
-
|
Hope Zabar
Sagan Harborside Sotheby's International Realty
| |
01/18/2002
|
1 Bed
|
1 Bath
|
419 ft²
|
$115,000
1 Bed
1 Bath
419 ft²
|
$105,000
-8.70%
02/28/2002
|
-
|
Hope Zabar
Sagan Harborside Sotheby's International Realty
| |
05/08/2001
|
1 Bed
|
1 Bath
|
348 ft²
|
$119,000
1 Bed
1 Bath
348 ft²
|
$106,000
-10.92%
07/27/2001
|
-
|
Nancy Trumm Hughes
Conway - Swampscott
| |
01/08/2000
|
2 Bed
|
1 Bath
|
910 ft²
|
$182,000
2 Bed
1 Bath
910 ft²
|
$190,000
+4.40%
03/03/2000
|
-
|
Krista Finigan
Coldwell Banker Realty - Marblehead
| |
09/01/1999
|
1 Bed
|
1 Bath
|
402 ft²
|
$69,000
1 Bed
1 Bath
402 ft²
|
$67,000
-2.90%
10/15/1999
|
-
|
Dwight Grader
Coldwell Banker Realty - Marblehead
| |
12/19/1997
|
1 Bed
|
1 Bath
|
700 ft²
|
$119,000
1 Bed
1 Bath
700 ft²
|
$110,000
-7.56%
04/01/1998
|
-
|
Carolyn Abell
Coldwell Banker Realty - Beverly
| |
01/16/1997
|
1 Bed
|
1 Bath
|
430 ft²
|
$47,500
1 Bed
1 Bath
430 ft²
|
$40,000
-15.79%
03/24/1997
|
-
|
Steven White
Assist 2 Sell, Cape & Islands
| |
08/07/1995
|
2 Bed
|
1 Bath
|
80 ft²
|
$129,900
2 Bed
1 Bath
80 ft²
|
$124,000
-4.54%
11/01/1995
|
-
|
Dwight Grader
Coldwell Banker Realty - Marblehead
| |
12/23/1994
|
1 Bed
|
1 Bath
|
978 ft²
|
$114,900
1 Bed
1 Bath
978 ft²
|
$107,000
-6.88%
05/15/1995
|
-
|
Laurel Bickell
Coldwell Banker Realty - Marblehead
| |
09/12/1994
|
1 Bed
|
1 Bath
|
430 ft²
|
$29,900
1 Bed
1 Bath
430 ft²
|
$34,000
+13.71%
10/27/1994
|
-
|
Colleen Irish
Carlson GMAC Real Estate
|
Building Info
