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Franklin Town 02038
8 Symmes Road
$385,000
● House - Off Market

8 Symmes Road

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,062 Ft²
$977,097
RealtyHop Estimate
157.20%
Since May 1, 2002
National-US
Primary Model

About This Property

YOUNG COLONIAL IN SYMMES ACRES-CENTRAL AIR-HARDWD-OAK CAB- 2 CAR ATTACHED GARAGE-LEVEL CORNER LOT-TOWN SEWER-TWO ZONED HEAT-BRICK FIREPLACE IN FAMILY ROOM-WALK IN CLOSET OVER GARAGE IN MASTER BDRM-NEED PREAPPROVAL LETTER-
Unit Size
2,062 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$184
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1996

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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 years ago (MLSPIN #30581266)

Price History

Date / Event Date Event Price
Jun 23, 2021 Sold
Premium
Sold
Apr 14, 2021 Listed by ERA Key Realty Services $612,500
Listed by ERA Key Realty Services
Apr 19, 2002 Sold
Premium
Sold
Feb 20, 2002 Listed by ERA Key Realty Services $379,900
Listed by ERA Key Realty Services

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 954
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 24,581
  • Total Building Area: 2,116
  • Gross Building Area: 4,326
  • Building Area: 2,116
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,116
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SYMMES ACRES
  • Land Acres: 0000000564
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 111-072-00
  • Parcel: FRAN M:244 L:064
  • Lot: 64
  • Municipality: FRANKLIN
  • Latitude: 42.1071
  • Longitude: -71.3817

    Address

  • Full Address: 8 Symmes Rd
  • Address - House Number: 8
  • Address - Street Name: Symmes
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C021
  • 4-Digit Zip Code: 1678
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $831,900

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 777,527
  • High Value: 908,594
  • Low Value: 646,460

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $705,600
  • Assessed Land Value: $329,400
  • Assessed Improvements Value: $376,200

    Sales

  • Current Sale Contract Date: Jun 22, 2021
  • Current Sale Recording Date: Jun 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81333
  • Previous Sale Recording Date: Apr 19, 2002
  • Previous Sale Amount: $385,000
  • 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

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2076 ft²

Average Home Age

52.3 years

Currently For Sale

47 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 years ago
Data Source: MLS PIN, MLS# 30581266

Frequently Asked Questions

When was property at 8 Symmes Road built and last sold?
The property at 8 Symmes Road was built in 1996 and last sold on Jun 22, 2021 for $675,000.
How much is this home worth?
The estimated value of the home located at 8 Symmes Road is $626,056.
What are some comparable homes to 8 Symmes Road?
There are currently no comparable homes to 8 Symmes Road.
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