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Framingham 01702
1 Weld St
$405,000
● House - Off Market

1 Weld St

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,015 Ft²
$554,378
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

Excellent opportunity to purchase an immaculate single family home with fully finished walk-out lower level with a separate entrance. Open and bright floor plan that allows many options with a nicely sized eat in kitchen. This property has town water and sewer, natural gas and central air. Immediate occupancy and fast closing is available. Over-sized two car garage with work space and a detached storage shed, there's a small fenced in area for dogs. The lower level has a good size laundry room with attached bathroom/shower and extra bonus room. Great price at just under $400k!
Unit Size
2,015 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$198
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1988

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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 #72619714)

Price History

Date / Event Date Event Price
Mar 20, 2020 Sold
Premium
Sold
Feb 14, 2020 Listed by Coldwell Banker Residential Brokerage - Sudbury $399,000
Listed by Coldwell Banker Residential Brokerage - Sudbury

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,152
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,053
  • Total Building Area: 1,152
  • Gross Building Area: 2,520
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383101

Zoning

  • Zoning: G

Geography

  • Account Number: F_682320_2923378
  • Parcel: FRAM M:142 B:23 L:3317 U:000
  • Block: 23
  • Lot: 3317
  • Municipality: FRAMINGHAM
  • Latitude: 42.2699
  • Longitude: -71.4034

    Address

  • Full Address: 1 Weld St
  • Address - House Number: 1
  • Address - Street Name: Weld
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C019
  • 4-Digit Zip Code: 7424
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $610,400

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 561,869
  • High Value: 666,869
  • Low Value: 456,868

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $489,900
  • Assessed Land Value: $177,600
  • Assessed Improvements Value: $312,300

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: Mar 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42054
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

2075 ft²

Average Home Age

63.2 years

Currently For Sale

136 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

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72619714

Frequently Asked Questions

When was property at 1 Weld Street built and last sold?
The property at 1 Weld Street was built in 1988 and last sold on Mar 18, 2020 for $405,000.
How much is this home worth?
The estimated value of the home located at 1 Weld Street is $421,953.
What are some comparable homes to 1 Weld Street?
There are currently no comparable homes to 1 Weld Street.
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