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Framingham 01701
1027 Grove Street
$480,000
● House - Off Market

1027 Grove Street

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,472 Ft²
$1,073,647
RealtyHop Estimate
128.48%
Since Aug 1, 2003
National-US
Primary Model

About This Property

MILLION DOLLAR NEGHBRHD!HOUSE BEAUTIFUL,LIKE NEW,GORG.DECOR BEAU.LOT W/POOL SETTING,NEW MAPLE KT,NEW FR-TRAY CEIING,HDWD UP/DOWN,NEW FARMERS PORCH,NEW DECK,DRIVEWY,FORMAL FRPLCED LR LRGE FRPLED RECRM,UPDTED RF,SUNNY,SPACIOUS BEDS.SPARKLING!
Unit Size
2,472 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$190
Property Type
House
Property Taxes
$448
HOA Dues
-
Year Built
1962

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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 years ago (MLSPIN #30723925)

Price History

Date / Event Date Event Price
Nov 18, 2021 Sold
Premium
Sold
Sep 29, 2021 Listed by RE/MAX Real Estate Center $719,900
Listed by RE/MAX Real Estate Center
Jul 31, 2003 Sold
Premium
Sold
May 20, 2003 Listed by RE/MAX Real Estate Center $469,900
Listed by RE/MAX Real Estate Center
Dec 20, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,120
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,782
  • Total Building Area: 2,162
  • Gross Building Area: 4,870
  • Building Area: 2,162
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,162
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000001051
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383902

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_666470_2945527
  • Parcel: FRAM M:035 B:65 L:4562 U:000
  • Block: 65
  • Lot: 4562
  • Municipality: FRAMINGHAM
  • Latitude: 42.3306
  • Longitude: -71.4621

    Address

  • Full Address: 1027 Grove St
  • Address - House Number: 1027
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: R001
  • 4-Digit Zip Code: 3778
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,041,500

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 836,913
  • High Value: 1,015,431
  • Low Value: 658,396

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $835,900
  • Assessed Land Value: $306,100
  • Assessed Improvements Value: $529,800

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 251930
  • Previous Sale Recording Date: Jul 31, 2003
  • Previous Sale Amount: $480,000
  • 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

$365

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2058 ft²

Average Home Age

59.3 years

Currently For Sale

125 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 years ago
Data Source: MLS PIN, MLS# 30723925

Frequently Asked Questions

When was property at 1027 Grove Street built and last sold?
The property at 1027 Grove Street was built in 1962 and last sold on Nov 18, 2021 for $759,000.
How much is this home worth?
The estimated value of the home located at 1027 Grove Street is $0.
What are some comparable homes to 1027 Grove Street?
There are currently no comparable homes to 1027 Grove Street.
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