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Framingham 01701
103 Simpson Drive
$388,000
● House - Off Market

103 Simpson Drive

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,440 Ft²
$571,630
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

Great opportunity to live in a highly sought-after neighborhood in North Framingham. Move right into this lovely, bright home that offers an updated kitchen, living room and windows. Bright and spacious fire-placed living room. Two Mitsubishi Heating and Cooling, Wall-Mounted, Mini-Splits, upstairs and downstairs. Large garage, fenced in backyard for entertaining. This home is ideally situated near major routes, shopping, schools and much more.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$278
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1955

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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 #72474555)

Price History

Date / Event Date Event Price
May 28, 2019 Sold
Premium
Sold
Apr 2, 2019 Listed by William Raveis R.E. & Home Services $399,900
Listed by William Raveis R.E. & Home Services
May 8, 2015 Sold
Premium
Sold
Jan 6, 2015 Listed by William Raveis R.E. & Home Services $319,900
Listed by William Raveis R.E. & Home Services
Sep 18, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,280
  • Total Building Area: 1,440
  • Gross Building Area: 1,800
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_678800_2941827
  • Parcel: FRAM M:059 B:81 L:8802 U:000
  • Block: 81
  • Lot: 8802
  • Municipality: FRAMINGHAM
  • Latitude: 42.3205
  • Longitude: -71.4163

    Address

  • Full Address: 103 Simpson Dr
  • Address - House Number: 103
  • Address - Street Name: Simpson
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C043
  • 4-Digit Zip Code: 4069
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $574,900

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 567,511
  • High Value: 671,834
  • Low Value: 463,188

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $461,400
  • Assessed Land Value: $233,400
  • Assessed Improvements Value: $228,000

    Sales

  • Current Sale Contract Date: May 16, 2019
  • Current Sale Recording Date: May 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1814123
  • Previous Sale Recording Date: May 08, 2015
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: O
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

2069 ft²

Average Home Age

62.9 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# 72474555

Frequently Asked Questions

When was property at 103 Simpson Drive built and last sold?
The property at 103 Simpson Drive was built in 1955 and last sold on May 16, 2019 for $388,000.
How much is this home worth?
The estimated value of the home located at 103 Simpson Drive is $404,597.
What are some comparable homes to 103 Simpson Drive?
There are currently no comparable homes to 103 Simpson Drive.
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