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Framingham 01702
1 Macomber Lane
Photo of 1 Macomber Lane
Sold on Jul 10, 2007

1

Map

$980,000
● House - Off Market

1 Macomber Lane

Framingham, MA 01702
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
5,282 Ft²
$1,689,267
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

"UNBELIEVABLE" WOW!!! CHARM, WARMTH, CONDITION PLUS AN ESTATE NEIGHBORHOOD AT MACOMBER FARMS, A PRIVATE COMMUNITY OF PRESTIGIOUS HOMES!!! PRESENT OWNERS HAVE INVESTED OVER $450,000 INSIDE AND OUTSIDE, INCLUDING A POOL SETTING TO RIVAL MOST RESORTS, EXTENSIVE LANDSCAPING. REDUCED $210,000 FOR QUICK SALE.
Unit Size
5,282 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$186
Property Type
House
Property Taxes
$736
HOA Dues
-
Year Built
1997

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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 #70577696)

Price History

Date / Event Date Event Price
Jul 11, 2007 Sold
Premium
Sold
May 14, 2007 Listed $980,000
Listed
Apr 27, 2000 Sold
Premium
Sold
Nov 3, 1999 Listed $685,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 7
  • Basement Area: 1,864
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,486
  • Total Building Area: 3,088
  • Gross Building Area: 6,091
  • Building Area: 3,088
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,088
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001159
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 384003

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_668750_2930513
  • Parcel: FRAM M:108 B:80 L:7551 U:000
  • Block: 80
  • Lot: 7551
  • Municipality: FRAMINGHAM
  • Latitude: 42.2895
  • Longitude: -71.4536

    Address

  • Full Address: 1 Macomber Ln
  • Address - House Number: 1
  • Address - Street Name: Macomber
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Framingham
  • Carrier Code: R002
  • 4-Digit Zip Code: 6165
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,545,800

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,505,631
  • High Value: 1,744,637
  • Low Value: 1,266,625

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,240,600
  • Assessed Land Value: $282,700
  • Assessed Improvements Value: $957,900

    Sales

  • Current Sale Recording Date: Jul 11, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00127323
  • Previous Sale Recording Date: Apr 27, 2000
  • Previous Sale Amount: $685,000
  • 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 Framingham

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2074 ft²

Average Home Age

63 years

Currently For Sale

137 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# 70577696

Frequently Asked Questions

When was property at 1 Macomber Lane built and last sold?
The property at 1 Macomber Lane was built in 1997 and last sold on Jan 1, 1970 for $980,000.
How much is this home worth?
The estimated value of the home located at 1 Macomber Lane is $981,025.
What are some comparable homes to 1 Macomber Lane?
There are currently no comparable homes to 1 Macomber Lane.
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