$300,000
●
Land -
Off Market
1061 Edmands Road
Framingham, MA 01701
Studio
0 Bath
$367,728
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
**RARE OFFERING**Gorgeous rolling lot, across from Eastleigh Farms
and abutting Callahan State Park**Owned by the same family for many
years, this is a once in a lifetime opportunity for some lucky
family or builder**Open meadow behind original stone walls set the
stage for a spectacular home to be built**Rear of the lot is
heavily treed for privacy but there is an easement on the far right
side for a walking trail into Callahan State Park** Live and hike
from your own oasis** Septic design for 4 BR home , soon to be
signed by Town of Framingham and available for review by serious
buyer only** New owner may tie into the public sewer on Edmands Rd
or install a well(paperwork attached re town sewer info) **DONT
MISS YOUR CHANCE TO BUILD YOUR DREAM HOME IN THIS COVETED
LOCATION**
Unit Size
-
Days on Market
-
Land Size
1.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
$283
HOA Dues
-
Year Built
-
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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 #72717326)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2024 | No longer available | - | |
| No longer available | |||
| Sep 1, 2023 | No longer available | - | |
| No longer available | |||
| Sep 1, 2023 | Listed by LAER Realty Partners | $1,350,000 | |
| Listed by LAER Realty Partners | |||
| | |||
|
2025 completion estimated date. TO BE STARTED POTENTIALLY SUMMER/FALL OF 2024. NOBSCOT FANTASTIC LOCATION! This Gorgeous Farmhouse Style Colonial is a Rare Find! True Beauty! Opportunity Awaits! Discover your DREAM HOME on this UNBELIEVABLE Nature Loving 1+ Acre Lot at Base of Gibbs Mountain surrounded by Callahan State Park! Yet close to major highways! Privacy, Country, Peace and Luxury plus in a Fantastic Commuter Location! So Much to love here and hard to find. Hidden Gem! Do you love a Vaulted Sunroom? Farmer's Porch to Relax On? Your first floor gives you it all! Up to second Level you will find Spacious Tray Ceiling Master Bedroom En Suite plus 3 BEDROOMS and Laundry Room all sitting on a gorgeous sprawling 1 Acre lot with oversized 3 Car Garage! Sit outside and enjoy your favorite beverage with your family and friends enjoying your Peaceful Private Back Yard.
| |||
| Nov 22, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Jan 16, 2022 | Listed by LAER Realty Partners | $500,000 | |
| Listed by LAER Realty Partners | |||
| | |||
|
Beautiful Buildable Lot with Approved BUILDING PERMIT IN HAND, Approved Septic Plan and Approved Engineering, in Nobscot!Framingham! 1061 Edmands offers you an Approved 1+ Acre Building Lot sitting at base of Gibbs Mountain surrounded byCallahan State Park ! Build your dream home here or bring your plans for us to build for you ! Commuter Friendly and gorgeouslylocated! 1061 Edmands on attached plan is Lot # 033-15-7622.
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Address: 335 Madison Avenue, New York, NY 10017