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Franklin Town 02038
8 Meadowbrook Road
$380,000
● House - Off Market

8 Meadowbrook Road

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,184 Ft²
$543,261
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Welcome Home~Wonderful neighborhood is awaiting you in this Raised Ranch style home with 7 RMS/3 Bedrooms/1.5 Baths/2 Car Garage w/remotes. Open entry with cathedral ceiling leading to the floor-to-ceiling brick fireplace Living Room open to the Dining Room perfect for entertaining w/slider to deck area. Eat-in Kitchen also has access to deck for grilling and outdoor entertaining. (3) Three Bedrooms and a Full Bath with access to Master Bedroom. Lower Level has an arched brick fireplace Family Room, additional area for an office/playroom as well as a Half Bath and separate Laundry Room. Recent interior paint, (2) two year old roof, newer heating system~Town Water/Town Sewer~This home is ready for you to bring in the New Year~Call today!
Unit Size
1,184 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$321
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1965

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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 #72597782)

Price History

Date / Event Date Event Price
Mar 6, 2020 Sold
Premium
Sold
Dec 4, 2019 Listed by Carey Realty Group, Inc. $379,900
Listed by Carey Realty Group, Inc.
Jul 29, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,104
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,104
  • Total Building Area: 1,184
  • Gross Building Area: 2,512
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 103-054
  • Parcel: FRAN M:249 L:141
  • Lot: 141
  • Municipality: FRANKLIN
  • Latitude: 42.1034
  • Longitude: -71.3853

    Address

  • Full Address: 8 Meadowbrook Rd
  • Address - House Number: 8
  • Address - Street Name: Meadowbrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C021
  • 4-Digit Zip Code: 1134
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $672,900

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 598,757
  • High Value: 705,413
  • Low Value: 492,101

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $570,700
  • Assessed Land Value: $328,000
  • Assessed Improvements Value: $242,700

    Sales

  • Current Sale Contract Date: Jan 24, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1441705
  • Previous Sale Recording Date: Jul 29, 1988
  • Previous Sale Amount: $183,000
  • 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

2141 ft²

Average Home Age

52.5 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72597782

Frequently Asked Questions

When was property at 8 Meadowbrook Road built and last sold?
The property at 8 Meadowbrook Road was built in 1965 and last sold on Jan 24, 2020 for $380,000.
How much is this home worth?
The estimated value of the home located at 8 Meadowbrook Road is $385,084.
What are some comparable homes to 8 Meadowbrook Road?
There are currently no comparable homes to 8 Meadowbrook Road.
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