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8 Monterey Dr

Franklin, MA 02038

4 bd 4 ba 3,000 sqft Built 1992 Lot 20,473 sqft single_family
Most recent sale
$950,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $950,000 MLS #72983825
May 18, 2022 Listed $949,000 MLS #72983825
Aug 5, 2020 Sold $795,000 MLS #72655084
May 12, 2020 Listed $795,000 MLS #72655084

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $522,900 $360,800 $883,700 $10,269
2024 $522,900 $360,800 $883,700 $10,419
2023 $476,000 $334,900 $810,900 $10,201
2022 $431,400 $288,700 $720,100 $10,117
2021 $370,500 $277,000 $647,500 $9,486
2020 $343,800 $279,800 $623,600 $9,048
2019 $343,400 $277,000 $620,400 $9,095
2018 $307,500 $274,200 $581,700 $8,522
2017 $307,500 $282,600 $590,100 $8,604
2016 $305,200 $244,400 $549,600 $7,969
2015 $305,200 $235,700 $540,900 $8,027
2014 $305,200 $216,300 $521,500 $7,536
2006 $306,600 $286,300 $592,900 $5,348
2005 $287,700 $256,300 $544,000 $4,988
2004 $229,200 $205,500 $434,700 $4,799
2003 $217,700 $205,500 $423,200 $4,685

Property facts

Year built
1992
Property type
single_family
Stories
Beds
4
Baths
4
Living area
3,000 sqft
Lot size
20,473 sqft
ZIP code
02038
City
Franklin
Street
Monterey Dr
Coordinates
42.09317, -71.39313

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,700
Gross rental yield
10.99%
Implied cap rate
7.14%
Trend-extrapolated value

Frequently asked questions

When did 8 Monterey Dr last sell?
8 Monterey Dr most recently sold on Jun 30, 2022 for $950,000.
What is the current tax assessment for 8 Monterey Dr?
The most recent total assessment for 8 Monterey Dr (year 2025) is $883,700 with $10,269 in property tax.
How does 8 Monterey Dr's assessment compare to its last sale price?
The current assessment is 7.0% below the last sale price of $950,000.
When was 8 Monterey Dr built?
8 Monterey Dr was built in 1992.
How does 8 Monterey Dr compare to others on Monterey Dr?
We track 4 other properties on Monterey Dr. Browse the list under "Other properties on Monterey Dr" to compare beds, baths, and sale history.
What are the property facts for 8 Monterey Dr?
8 Monterey Dr is a 4 bed, 4 bath, 3,000 sqft, 20,473 sqft lot single_family.
Is 8 Monterey Dr a flip candidate?
No — 8 Monterey Dr does not appear in our flips dataset.
Is 8 Monterey Dr a tax-appeal candidate?
No — 8 Monterey Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.3%
Implied 1-yr
-9.1%
2026 Q3
$538.6K
2026 Q4
$524.2K
ZIP 02038 — Median Price History + Forecast

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