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Pepperell 01463
8 Franklin Street
$185,000
● House - Off Market

8 Franklin Street

Pepperell, MA 01463
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$482,271
RealtyHop Estimate
153.96%
Since Jun 1, 2002
National-US
Primary Model

About This Property

COZY IN-TOWN VILLAGE COLONIAL.  LARGE FLAT LOT. 2-STORY BARN W/NEW FOUNDATION. NEW VINYL SIDING. NEW EXTERIOR WALL AND ATTIC INSULATION. CHARMING PANTRY W/SINK OFF KITCHEN. WALK TO STORES AND ELEMENTARY, MIDDLE SCHOOLS.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$158
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1880

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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 months ago (MLSPIN #30579227)

Price History

Date / Event Date Event Price
May 24, 2002 Sold
Premium
Sold
Feb 11, 2002 Listed by ERA Morrison Real Estate $189,900
Listed by ERA Morrison Real Estate
Nov 28, 1997 Sold
Premium
Sold
Mar 21, 1996 Listed by ERA Morrison Real Estate $105,000
Listed by ERA Morrison Real Estate
COZY VILLAGE COLONIAL WITH AN IN-TOWN LOCATION. TWO STORY BARN, COMMERCIALLY ZONED FOR AN IN-HOME BUSINESS. HARDWOOD FLOORS ON FIRST FLOOR WITH BUILT-IN CHINA CABINETS IN DR AND FRENCH DOORS TO PORCH!

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 798
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,075
  • Total Building Area: 1,236
  • Gross Building Area: 3,462
  • Building Area: 1,236
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 1,236
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • School Tax School District: N MIDDLESEX SD
  • Census Tract: 327102

Zoning

  • Zoning: COM

Geography

  • Parcel: PEPP M:0023 B:0053 L:00000
  • Block: 53
  • Municipality: PEPPERELL
  • Latitude: 42.667
  • Longitude: -71.5864

    Address

  • Full Address: 8 Franklin St
  • Address - House Number: 8
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Pepperell
  • Carrier Code: R007
  • 4-Digit Zip Code: 1511
  • Zip Code: 01463

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $488,200

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 53
  • Final Value: 398,425
  • High Value: 491,590
  • Low Value: 305,259

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $340,200
  • Assessed Land Value: $113,300
  • Assessed Improvements Value: $226,900

    Sales

  • Current Sale Recording Date: May 24, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1180
  • Previous Sale Recording Date: Nov 28, 1997
  • Previous Sale Amount: $103,450
  • 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 Pepperell

Stats & Trends

Median Asking:

$540,000

Sale Price/ft²

$260

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2532 ft²

Average Home Age

209.3 years

Currently For Sale

3 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: 4 months ago
Data Source: MLS PIN, MLS# 30579227

Frequently Asked Questions

When was property at 8 Franklin Street built and last sold?
The property at 8 Franklin Street was built in 1880 and last sold on Jan 1, 1970 for $185,000.
How much is this home worth?
The estimated value of the home located at 8 Franklin Street is $191,553.
What are some comparable homes to 8 Franklin Street?
There are currently no comparable homes to 8 Franklin Street.
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