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Franklin Town 02038
8A Spring Street
$363,750
● House - Off Market

8A Spring Street

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,734 Ft²
$1,120,702
RealtyHop Estimate
202.97%
Since Apr 1, 2000
National-US
Primary Model

About This Property

YOUNG CUSTOM COLONIAL ON 5+ ACRES W/ POND SET 580'FROM ROAD OPEN FOYER W/ BALCONY-DREAM OAK KITCHEN W/ AWESOME PANTRY LG SITTING ROOM OFF MASTER W/ CLOSETS GALORE-FINISHED BASEMT CROWN MOLDINGS,CENT VACC,THE LIST GOES ON + ON-CALL FOR APPT
Unit Size
2,734 Ft²
Days on Market
-
Land Size
5.51 acres
Price per sqft
$135
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1993

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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 #30364436)

Price History

Date / Event Date Event Price
May 18, 2009 Sold
Premium
Sold
Mar 28, 2000 Sold
Premium
Sold
Oct 23, 1999 Listed $369,900
Listed

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,234
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 239,885
  • Total Building Area: 2,602
  • Gross Building Area: 4,916
  • Building Area: 2,602
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,602
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ACORN CONDO
  • Land Acres: 0000005507
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 29-014
  • Parcel: FRAN M:323 L:036
  • Lot: 36
  • Municipality: FRANKLIN
  • Latitude: 42.0567
  • Longitude: -71.4388

    Address

  • Full Address: 8a Spring St
  • Address - House Number: 8a
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: R004
  • 4-Digit Zip Code: 3404
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $946,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 920,606
  • High Value: 1,068,044
  • Low Value: 773,168

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $803,100
  • Assessed Land Value: $317,500
  • Assessed Improvements Value: $485,600

    Sales

  • Current Sale Recording Date: May 18, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: 156932
  • Previous Sale Recording Date: Mar 28, 2000
  • Previous Sale Amount: $363,750
  • Previous Sale Document Type: 48
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 years ago
Data Source: MLS PIN, MLS# 30364436

Frequently Asked Questions

When was property at 8A Spring Street built and last sold?
The property at 8A Spring Street was built in 1993 and last sold on Jan 1, 1970 for $374,000.
How much is this home worth?
The estimated value of the home located at 8A Spring Street is $0.
What are some comparable homes to 8A Spring Street?
There are currently no comparable homes to 8A Spring Street.
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