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Franklin
8 Myrtle St
$220,000
● House - Off Market

8 Myrtle St

Gill, MA 01354
bedrooms
2 Beds
bathrooms
1 Bath
square feet
929 Ft²
$224,978
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Life is better in a Bungalow!  This adorable 2 bedroom home is nestled in the desirable Riverside Community of Gill.  Inside you'll enjoy the charm of hardwood flooring, a nice sized living room with nook, formal dining room, a 1st floor bedroom and bathroom an enclosed front porch and more! The large corner lot offers an expansive side yard, a well appointed post and beam oversized garage and plenty of space for outdoor entertaining or gardening!  A spectacular location  offers ease of commute with access to RT2, a state boat ramp and private marina are just a stones throw away which is perfect for those who enjoy aquatic recreation. Make The Move and schedule your private showing today!
Unit Size
929 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$215
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1934

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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: 5 years ago (MLSPIN #72886364)

Price History

Date / Event Date Event Price
Oct 20, 2021 Sold
Premium
Sold
Aug 25, 2021 Listed by Maple and Main Realty, LLC $199,900
Listed by Maple and Main Realty, LLC
May 30, 2017 Sold
Premium
Sold
Jun 1, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 744
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 929
  • Gross Building Area: 2,318
  • Building Area: 929
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 929
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gill-Montague School District
  • Census Tract: 040200

Zoning

  • Zoning: R1

Geography

  • Parcel: GILL M:101.0 B:0000 L:0060.0
  • Lot: 60.0
  • Municipality: GILL
  • Latitude: 42.6111
  • Longitude: -72.5482

    Address

  • Full Address: 8 Myrtle St
  • Address - House Number: 8
  • Address - Street Name: Myrtle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gill
  • Carrier Code: R003
  • 4-Digit Zip Code: 9623
  • Zip Code: 01354

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $341,600

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 239,531
  • High Value: 286,958
  • Low Value: 192,103

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,000
  • Assessed Land Value: $76,200
  • Assessed Improvements Value: $125,800

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13620
  • Previous Sale Recording Date: May 30, 2017
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: O
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

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2283 ft²

Average Home Age

101.1 years

Currently For Sale

147 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: 5 years ago
Data Source: MLS PIN, MLS# 72886364

Frequently Asked Questions

When was property at 8 Myrtle Street built and last sold?
The property at 8 Myrtle Street was built in 1934 and last sold on Oct 20, 2021 for $220,000.
How much is this home worth?
The estimated value of the home located at 8 Myrtle Street is $206,126.
What are some comparable homes to 8 Myrtle Street?
There are currently no comparable homes to 8 Myrtle Street.
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