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Framingham 01701
11 Lyman Rd
$775,000
● House - Off Market

11 Lyman Rd

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,004 Ft²
$4,508
Est. Monthly

About This Property

Check out this move-in ready home packed with recent updates! High-efficiency Bryant gas boiler (2012), newer A/C (2012),  Andersen Renewal windows (2009). Roof updated in 2006. Solar electric is part-owned, part-leased, costing just $48/month with nearly no electric bill! Modern kitchen features granite countertops, a glass backsplash, and updated plumbing and fixtures (2014). Enjoy the screened porch with a ceiling fan overlooking a fantastic backyard and patio. The huge finished basement boasts new vinyl flooring, LED lighting, and crown molding. Whole house electric generator powered by gas.  Sunny and bright. This home has it all-don't miss out!
Unit Size
2,004 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$399
Property Type
House
Property Taxes
$580
HOA Dues
-
Year Built
1960

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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 #73275938)

Price History

Date / Event Date Event Price
Oct 1, 2024 Sold
Premium
Sold
Sep 5, 2024 In contract -
In contract
Aug 9, 2024 Listed by ERA Key Realty Services- Fram $799,900
Listed by ERA Key Realty Services- Fram
Jun 4, 2012 Sold
Premium
Sold
Apr 17, 2012 Listed by ERA Key Realty Services- Fram $289,900
Listed by ERA Key Realty Services- Fram

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,304
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,439
  • Total Building Area: 1,304
  • Gross Building Area: 3,286
  • Building Area: 1,304
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000584
  • 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_672527_2942424
  • Parcel: FRAM M:047 B:22 L:5422 U:000
  • Block: 22
  • Lot: 5422
  • Municipality: FRAMINGHAM
  • Latitude: 42.322
  • Longitude: -71.4394

    Address

  • Full Address: 11 Lyman Rd
  • Address - House Number: 11
  • Address - Street Name: Lyman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C039
  • 4-Digit Zip Code: 3830
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $696,100

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 646,979
  • High Value: 754,260
  • Low Value: 539,698

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $558,700
  • Assessed Land Value: $247,100
  • Assessed Improvements Value: $311,600

    Sales

  • Current Sale Recording Date: Nov 19, 2012
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000025
  • Previous Sale Recording Date: Jun 04, 2012
  • Previous Sale Amount: $290,000
  • 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

2074 ft²

Average Home Age

63 years

Currently For Sale

137 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# 73275938

Frequently Asked Questions

When was property at 11 Lyman Road built and last sold?
The property at 11 Lyman Road was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 11 Lyman Road is $776,899.
What are some comparable homes to 11 Lyman Road?
There are currently no comparable homes to 11 Lyman Road.
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