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Franklin
9 School Street
Photo of 9 School Street

1

Map

$449,000
● Commercial - Off Market

9 School Street

Sunderland, MA 01375
bedrooms
Studio
bathrooms
2 Baths
square feet
5,776 Ft²
$2,568
Est. Monthly

About This Property

Sunderland Center, zoned Commercial with easy access to routes 116, 5 & 10 and I-91. House and office/warehouse space finished to a high degree. House is 3,276, office/warehouse = +/- 2500 sq. ft. Permitted uses include: B & B, educational uses, day-care, business, professional offices, retail, home-based business.
Unit Size
5,776 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$78
Property Type
Commercial
Property Taxes
$363
HOA Dues
-
Year Built
1860

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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: 2 months ago (MLSPIN #71197653)

Price History

Date / Event Date Event Price
Jul 29, 2011 Sold
Premium
Sold
Mar 9, 2011 Listed by Jones Group REALTORS® $449,000
Listed by Jones Group REALTORS®

Property Highlights

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 3,492
  • Gross Building Area: 6,388
  • Building Area: 3,492
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,492
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sunderland School District
  • Census Tract: 040800

Zoning

  • Zoning: C+I

Geography

  • Account Number: 1201
  • Parcel: SUND M:0006 B:0000 L:7
  • Lot: 7
  • Municipality: SUNDERLAND
  • Latitude: 42.4668
  • Longitude: -72.5804

    Address

  • Full Address: 9 School St
  • Address - House Number: 9
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Sunderland
  • Carrier Code: R012
  • 4-Digit Zip Code: 9503
  • Zip Code: 01375

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $655,700

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 517,845
  • High Value: 593,569
  • Low Value: 442,120

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $499,000
  • Assessed Land Value: $113,700
  • Assessed Improvements Value: $385,300

    Sales

  • Current Sale Recording Date: Jul 29, 2011
  • Current Sale Price:
    Premium
  • Current 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

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2259 ft²

Average Home Age

99.8 years

Currently For Sale

150 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

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Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 71197653

Frequently Asked Questions

When was property at 9 School Street built and last sold?
The property at 9 School Street was built in 1860 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 9 School Street is $449,693.
What are some comparable homes to 9 School Street?
There are currently no comparable homes to 9 School Street.
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