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Framingham 01701
1036 Concord Street
$345,000
● House - Off Market

1036 Concord Street

Framingham, MA 01701
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$477,691
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

Don't let the square footage fool you - this home is special. Classic full basement ranch has been updated, beautifully maintained, and still has room for your finishing touches. Present dining room could be 3rd BR. Improvements include: New front door, outside faucets and main shut off installed (2015), New garden shed (2016), Circuit breaker replaced (2016), Insulation-garage wall and ceiling in whole house (2016), New fencing from garage side across front to existing higher fence (2017), Basement floor newly painted (2020).  Basement is waiting to be finished and location is prime for shopping, highway access, and recreation! Condo alternative.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$332
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1947

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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: 5 months ago (MLSPIN #72625624)

Price History

Date / Event Date Event Price
Apr 23, 2020 Sold
Premium
Sold
Feb 28, 2020 Listed by William Raveis R.E. & Home Services $345,000
Listed by William Raveis R.E. & Home Services
Aug 11, 2014 Sold
Premium
Sold
May 28, 2014 Listed by William Raveis R.E. & Home Services $274,900
Listed by William Raveis R.E. & Home Services
Feb 23, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 2
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,930
  • Total Building Area: 964
  • Gross Building Area: 2,280
  • Building Area: 964
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 964
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383600

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_682401_2937227
  • Parcel: FRAM M:082 B:27 L:4202 U:000
  • Block: 27
  • Lot: 4202
  • Municipality: FRAMINGHAM
  • Latitude: 42.308
  • Longitude: -71.403

    Address

  • Full Address: 1036 Concord St
  • Address - House Number: 1036
  • Address - Street Name: Concord
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C017
  • 4-Digit Zip Code: 4503
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $542,900

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 496,683
  • High Value: 590,868
  • Low Value: 402,498

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $435,700
  • Assessed Land Value: $232,100
  • Assessed Improvements Value: $203,600

    Sales

  • Current Sale Contract Date: Apr 03, 2020
  • Current Sale Recording Date: Apr 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 59752
  • Previous Sale Recording Date: Aug 11, 2014
  • Previous Sale Amount: $272,000
  • 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

52

Average Home Size

2047 ft²

Average Home Age

60.8 years

Currently For Sale

124 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: 5 months ago
Data Source: MLS PIN, MLS# 72625624

Frequently Asked Questions

When was property at 1036 Concord Street built and last sold?
The property at 1036 Concord Street was built in 1947 and last sold on Apr 3, 2020 for $345,000.
How much is this home worth?
The estimated value of the home located at 1036 Concord Street is $348,262.
What are some comparable homes to 1036 Concord Street?
There are currently no comparable homes to 1036 Concord Street.
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