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Franklin Town 02038
820 Summer St
$510,000
● House - Off Market

820 Summer St

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,780 Ft²
$506,514
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Move right into this lovingly maintained 3BR, 2.5BA raised ranch in a desirable Franklin! Situated on an acre of land, this home offers plenty of sunlight, cathedral ceiling, granite counters and much more. The downstairs family room is perfect for a movie night with the cozy pellet stove. Freshly painted throughout, your new home is ready to go with nothing to do but unpack. Great schools, great town, and great location only minutes to downtown, 495 and the Wrentham outlets.  Offers due by 5pm Monday 8/8.
Unit Size
1,780 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$275
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1972

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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: 4 months ago (MLSPIN #73021212)

Price History

Date / Event Date Event Price
Aug 26, 2022 Sold
Premium
Sold
Aug 3, 2022 Listed by Homewerx Realty $489,900
Listed by Homewerx Realty
May 1, 2013 Sold
Premium
Sold
Sep 17, 2012 Listed by Homewerx Realty $339,000
Listed by Homewerx Realty
Mar 15, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 990
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,821
  • Total Building Area: 1,032
  • Gross Building Area: 2,122
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001006
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442201

Geography

  • Account Number: 26-015
  • Parcel: FRAN M:331 L:007
  • Lot: 7
  • Municipality: FRANKLIN
  • Latitude: 42.053
  • Longitude: -71.3836

    Address

  • Full Address: 820 Summer St
  • Address - House Number: 820
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C002
  • 4-Digit Zip Code: 2340
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $579,600

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 565,102
  • High Value: 654,808
  • Low Value: 475,396

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $491,600
  • Assessed Land Value: $249,800
  • Assessed Improvements Value: $241,800

    Sales

  • Current Sale Contract Date: Aug 26, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76336
  • Previous Sale Recording Date: May 01, 2013
  • Previous Sale Amount: $333,000
  • 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 Town

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2029 ft²

Average Home Age

52.9 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73021212

Frequently Asked Questions

When was property at 820 Summer Street built and last sold?
The property at 820 Summer Street was built in 1972 and last sold on Aug 26, 2022 for $510,000.
How much is this home worth?
The estimated value of the home located at 820 Summer Street is $495,932.
What are some comparable homes to 820 Summer Street?
There are currently no comparable homes to 820 Summer Street.
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