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Franklin Town 02038
8 Russell St
Photo of 8 Russell St
Sold on Jun 15, 2007

1

Map

$320,000
● House - Off Market

8 Russell St

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,172 Ft²
$564,730
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

Unique ranch plus a stand alone 2 bay shop/garage and bonus room above.  Updated kitchen with oak cabinetry.  The living room has oak built-in book shelves that surround the fireplace.  Unlike most ranches, this home also has a den/office off the kitchen.  Quiet location, great neighborhood, and partially finished basement.  Outside there is a private yard, shed, and large deck.  New, approved septic to be installed in May.  This house has great potential and won't last!!!
Unit Size
1,172 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$281
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1964

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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: 6 months ago (MLSPIN #70577294)

Price History

Date / Event Date Event Price
Jun 15, 2007 Sold
Premium
Sold
May 12, 2007 Listed $329,000
Listed
May 29, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 985
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,791
  • Total Building Area: 1,159
  • Gross Building Area: 2,831
  • Building Area: 1,159
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,159
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000477
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 95-036
  • Parcel: FRAN M:263 L:083
  • Lot: 83
  • Municipality: FRANKLIN
  • Latitude: 42.0954
  • Longitude: -71.3716

    Address

  • Full Address: 8 Russell St
  • Address - House Number: 8
  • Address - Street Name: Russell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C005
  • 4-Digit Zip Code: 1230
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $548,000

    Appraisal Valuation

  • Standard Deviation: 0.1257
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 86
  • Final Value: 595,506
  • High Value: 670,399
  • Low Value: 520,612

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $464,800
  • Assessed Land Value: $237,900
  • Assessed Improvements Value: $226,900

    Sales

  • Current Sale Recording Date: Jun 15, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 29, 1998
  • Previous Sale Amount: $179,500
  • 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:

$689,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2094 ft²

Average Home Age

47.7 years

Currently For Sale

66 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70577294

Frequently Asked Questions

When was property at 8 Russell Street built and last sold?
The property at 8 Russell Street was built in 1964 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 8 Russell Street is $336,306.
What are some comparable homes to 8 Russell Street?
There are currently no comparable homes to 8 Russell Street.
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