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Framingham 01701
11 Cornell Rd
$292,500
● House - Off Market

11 Cornell Rd

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,175 Ft²
$666,844
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

Nothing to do but move in! Home boasts Chefs Kitchen with Cherry Cabinets, Quartz Island and Stainless Steel Appliances.  Other improvements include Energy Efficient Windows, Vinyl Siding, Central Air, Auto Garage Doors, and Heating System all done in 2005/2006.  Property also has a one year old Energy Efficient Roof and brand new 100 amp Electrical Service.  Home lies in the beautiful Nobscot area on the Wayland line on a gorgeous side-street/cul-de-sac.  Welcome Home!
Unit Size
1,175 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$262
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1959

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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 #71307277)

Price History

Date / Event Date Event Price
Dec 30, 2011 Sold
Premium
Sold
Nov 2, 2011 Listed by Century 21 N. Shore RE $308,000
Listed by Century 21 N. Shore RE

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 9
  • Basement Area: 1,439
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,432
  • Total Building Area: 1,351
  • Gross Building Area: 1,803
  • Building Area: 1,351
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,351
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NOB HILL SEC 02
  • Land Acres: 0000000492
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383903

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_674549_2942312
  • Parcel: FRAM M:047 B:42 L:5341 U:000
  • Block: 42
  • Lot: 5341
  • Municipality: FRAMINGHAM
  • Latitude: 42.3219
  • Longitude: -71.4321

    Address

  • Full Address: 11 Cornell Rd
  • Address - House Number: 11
  • Address - Street Name: Cornell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C039
  • 4-Digit Zip Code: 3918
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $586,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 601,237
  • High Value: 708,579
  • Low Value: 493,894

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $470,400
  • Assessed Land Value: $243,400
  • Assessed Improvements Value: $227,000

    Sales

  • Current Sale Recording Date: Dec 30, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000023
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71307277

Frequently Asked Questions

When was property at 11 Cornell Road built and last sold?
The property at 11 Cornell Road was built in 1959 and last sold on Jan 1, 1970 for $292,000.
How much is this home worth?
The estimated value of the home located at 11 Cornell Road is $316,941.
What are some comparable homes to 11 Cornell Road?
There are currently no comparable homes to 11 Cornell Road.
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