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Franklin Town 02038
89 Mill Street
$360,000
● House - Off Market

89 Mill Street

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,768 Ft²
$573,542
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

A great neighborhood is the setting for this super Multi-Level home! Two wood-burning  fireplaces, sunny, heated Sunroom/Family Room, extensive Master Bedroom, with walk-in closet, and private balcony, for sipping morning coffee! Huge Living Room, with Cathedral ceilings, and fireplace allows for large gatherings! Pretty backyard, and tons of storage! Newer hot water heater, and some fresh paint!
Unit Size
1,768 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$215
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1960

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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 months ago (MLSPIN #72431540)

Price History

Date / Event Date Event Price
Feb 7, 2019 Sold
Premium
Sold
Dec 10, 2018 Listed by Berkshire Hathaway HomeServices Page Realty $379,900
Listed by Berkshire Hathaway HomeServices Page Realty
Dec 30, 1985 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 352
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,577
  • Total Building Area: 1,768
  • Gross Building Area: 2,639
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000358
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442203

Geography

  • Account Number: 87-025
  • Parcel: FRAN M:265 L:072
  • Lot: 72
  • Municipality: FRANKLIN
  • Latitude: 42.0916
  • Longitude: -71.3679

    Address

  • Full Address: 89 Mill St
  • Address - House Number: 89
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C018
  • 4-Digit Zip Code: 1224
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $637,000

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 584,234
  • High Value: 679,192
  • Low Value: 489,275

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $540,300
  • Assessed Land Value: $325,600
  • Assessed Improvements Value: $214,700

    Sales

  • Current Sale Contract Date: Jan 31, 2019
  • Current Sale Recording Date: Feb 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9463
  • Previous Sale Recording Date: Dec 30, 1985
  • Previous Sale Amount: $134,000
  • 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

$338

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2149 ft²

Average Home Age

53.2 years

Currently For Sale

45 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: 4 months ago
Data Source: MLS PIN, MLS# 72431540

Frequently Asked Questions

When was property at 89 Mill Street built and last sold?
The property at 89 Mill Street was built in 1960 and last sold on Jan 31, 2019 for $360,000.
How much is this home worth?
The estimated value of the home located at 89 Mill Street is $394,068.
What are some comparable homes to 89 Mill Street?
There are currently no comparable homes to 89 Mill Street.
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