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Franklin Town 02038
8 Loretta Road
Photo of 8 Loretta Road
Sold on Jun 30, 2009

1

Map

$420,000
● House - Off Market

8 Loretta Road

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,375 Ft²
$844,734
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

Wait until you see this one! It's a fully updated & freshly painted 3 bdrm, 2.5 bath in a nice neighborhood just minutes to everything. The lovely eat-in kitchen sparkles w/new silestone,gleaming hardwoods,& tiled backsplash. Enjoy a step down front to back FR with fireplace & custom wood blinds. 3 spacious bedrooms, 2 finished LL rooms & full bath complete the generous floor plan. Other bonus features incl c/a, fenced-in level back yard, updated baths & lighting fixtures, tray ceiling & more..
Unit Size
2,375 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$173
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1997

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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: 4 months ago (MLSPIN #70909564)

Price History

Date / Event Date Event Price
Jun 30, 2009 Sold
Premium
Sold
Apr 28, 2009 Listed $409,900
Listed
Sep 21, 2001 Sold
Premium
Sold
Apr 30, 2001 Listed $329,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 884
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,081
  • Total Building Area: 1,688
  • Gross Building Area: 3,824
  • Building Area: 1,688
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,688
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000507
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442204

Geography

  • Account Number: 49-026-02
  • Parcel: FRAN M:303 L:087
  • Lot: 87
  • Municipality: FRANKLIN
  • Latitude: 42.0702
  • Longitude: -71.3987

    Address

  • Full Address: 8 Loretta Rd
  • Address - House Number: 8
  • Address - Street Name: Loretta
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C014
  • 4-Digit Zip Code: 2455
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $751,300

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 739,544
  • High Value: 863,896
  • Low Value: 615,192

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $637,200
  • Assessed Land Value: $244,200
  • Assessed Improvements Value: $393,000

    Sales

  • Current Sale Recording Date: Jun 30, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 72898
  • Previous Sale Recording Date: Sep 21, 2001
  • Previous Sale Amount: $330,000
  • 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

$337

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2071 ft²

Average Home Age

50.8 years

Currently For Sale

46 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70909564

Frequently Asked Questions

When was property at 8 Loretta Road built and last sold?
The property at 8 Loretta Road was built in 1997 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 8 Loretta Road is $436,507.
What are some comparable homes to 8 Loretta Road?
There are currently no comparable homes to 8 Loretta Road.
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