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Framingham 01701
10 Michael Road
$437,500
● House - Off Market

10 Michael Road

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,462 Ft²
$595,388
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

LOCATION and WATERFRONT.  Rare offering...there are not many waterfront North Framingham ranches, and now one is available!  This L shaped ranch boasts vaulted ceilings in the Living Room and Dining Room.  Fireplaced Living Room has great views out to Norton Pond.  3 Bedrooms and 2 full baths.  Master Bedroom has two closets and full private bath.  Family Room off the Kitchen opens to patio and large ½ acre lot.  Direct access to Norton Pond.  All new flooring and freshly painted inside.  Outside there is all new insulated siding.  Windows and doors have been replaced as well!  Attached one car garage.  Great commuting location with proximity to MassPike and MBTA Train Station and close to Natick/Framingham shopping.  Welcome Home!
Unit Size
1,462 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$273
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1958

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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 #72297830)

Price History

Date / Event Date Event Price
May 1, 2018 Sold
Premium
Sold
Mar 23, 2018 Listed by Coldwell Banker Residential Brokerage - Wayland $398,500
Listed by Coldwell Banker Residential Brokerage - Wayland
Jan 15, 2016 Sold
Premium
Sold
Oct 15, 2015 Listed by Coldwell Banker Residential Brokerage - Wayland $334,500
Listed by Coldwell Banker Residential Brokerage - Wayland

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 2,290
  • Gross Building Area: 2,896
  • Building Area: 2,290
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,290
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 3857-28
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383800

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_682508_2946385
  • Parcel: FRAM M:029 B:26 L:5308 U:000
  • Block: 26
  • Lot: 5308
  • Municipality: FRAMINGHAM
  • Latitude: 42.3331
  • Longitude: -71.4026

    Address

  • Full Address: 10 Michael Rd
  • Address - House Number: 10
  • Address - Street Name: Michael
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C078
  • 4-Digit Zip Code: 7619
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $808,400

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 761,952
  • High Value: 902,019
  • Low Value: 621,886

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $648,800
  • Assessed Land Value: $242,600
  • Assessed Improvements Value: $406,200

    Sales

  • Current Sale Recording Date: May 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1786607
  • Previous Sale Recording Date: Jan 15, 2016
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

2048 ft²

Average Home Age

61 years

Currently For Sale

138 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# 72297830

Frequently Asked Questions

When was property at 10 Michael Road built and last sold?
The property at 10 Michael Road was built in 1958 and last sold on Jan 1, 1970 for $437,500.
How much is this home worth?
The estimated value of the home located at 10 Michael Road is $409,047.
What are some comparable homes to 10 Michael Road?
There are currently no comparable homes to 10 Michael Road.
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