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Franklin Town 02038
8 Parmenter Way
Photo of 8 Parmenter Way
Sold on Nov 13, 2007

1

Map

$360,000
● House - Off Market

8 Parmenter Way

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,653 Ft²
$653,995
RealtyHop Estimate
79.23%
Since Dec 1, 2007
National-US
Primary Model

About This Property

YOUNG COLONIAL AT END OF CUL DE SAC IN NEIGHBORHOOD SETTING.  BRIGHT & OPEN 1ST FLOOR.  OVER-SIZED FRONT TO BACK GREAT ROOM W/GAS FIREPLACE.  FORMAL DINING ROOM.  LARGE KITCHEN W/BREAKFAST AREA & A SLIDER LEADING TO THE DECK.  LEVEL BACK YARD W/ STORAGE SHED AND PLENTY OF PLACE FOR PLAY.  1ST FLOOR LAUNDRY.  THE MASTER BEDROOM HAS 2 WALK IN CLOSETS AND A JACK & JILL BATH.  TWO OTHER GOOD SIZE BEDROOMS MAKES THIS HOME A WINNER.  BASEMENT COULD EASILY BE FINISHED FOR EXPANSION. IDEAL LOCATION....
Unit Size
1,653 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$221
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1996

Payment Calculator

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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: 6 months ago (MLSPIN #70653636)

Price History

Date / Event Date Event Price
Nov 13, 2007 Sold
Premium
Sold
Sep 25, 2007 Listed $364,900
Listed
Jun 30, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 5
  • 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: 837
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,029
  • Total Building Area: 1,653
  • Gross Building Area: 2,682
  • Building Area: 1,653
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,653
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

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

Neighborhood

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

Geography

  • Account Number: 41-004-04
  • Parcel: FRAN M:303 L:057
  • Lot: 57
  • Municipality: FRANKLIN
  • Latitude: 42.0668
  • Longitude: -71.4006

    Address

  • Full Address: 8 Parmenter Way
  • Address - House Number: 8
  • Address - Street Name: Parmenter
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Franklin
  • Carrier Code: R001
  • 4-Digit Zip Code: 2594
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $617,600

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 641,125
  • High Value: 743,803
  • Low Value: 538,446

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,800
  • Assessed Land Value: $243,800
  • Assessed Improvements Value: $280,000

    Sales

  • Current Sale Recording Date: Nov 13, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 119739
  • Previous Sale Recording Date: Jun 30, 2000
  • Previous Sale Amount: $245,500
  • 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

$333

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2020 ft²

Average Home Age

48.2 years

Currently For Sale

67 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

Currently no nearby rentals
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70653636

Frequently Asked Questions

When was property at 8 Parmenter Way built and last sold?
The property at 8 Parmenter Way was built in 1996 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 8 Parmenter Way is $379,596.
What are some comparable homes to 8 Parmenter Way?
There are currently no comparable homes to 8 Parmenter Way.
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