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Framingham 01701
110 Lockland Avenue
$568,000
● House - Off Market

110 Lockland Avenue

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,320 Ft²
$546,217
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Don't miss this chance for a hip roof, full basement ranch on corner lot in fabulous location around the corner from Whole Foods, Trader Joes and Starbucks!. 2017 Kitchen w/ walnut cabinets, granite countertops, tiled backsplash, new appliances, under cabinet lighting and Coretec vinyl flooring. 2018 roof. 2019 exterior painted. 2021 new Weil-McLain oil boiler and burner. This well cared for home offers three bedrooms, 2 full baths, a large living room, dining room, eat-in-kitchen, mudroom as well as a partially finished lower level that is just waiting for your imagination. The lower level has a large finished space as well as a room that could be a great home office! Partially fenced back yard with deck and shed.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$408
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1957

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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 #72939340)

Price History

Date / Event Date Event Price
May 25, 2022 Sold
Premium
Sold
Feb 3, 2022 Listed by Realty Executives Boston West $539,000
Listed by Realty Executives Boston West
Mar 1, 1982 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,144
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,320
  • Gross Building Area: 2,794
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • 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_678131_2935044
  • Parcel: FRAM M:092 B:85 L:1034 U:000
  • Block: 85
  • Lot: 1034
  • Municipality: FRAMINGHAM
  • Latitude: 42.3019
  • Longitude: -71.4188

    Address

  • Full Address: 110 Lockland Ave
  • Address - House Number: 110
  • Address - Street Name: Lockland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Framingham
  • Carrier Code: C033
  • 4-Digit Zip Code: 7931
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $668,400

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 582,894
  • High Value: 688,884
  • Low Value: 476,904

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $536,400
  • Assessed Land Value: $234,300
  • Assessed Improvements Value: $302,100

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: May 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 78502
  • Previous Sale Recording Date: Mar 01, 1982
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$676,514

Sale Price/ft²

$365

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2051 ft²

Average Home Age

60.7 years

Currently For Sale

127 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: 5 months ago
Data Source: MLS PIN, MLS# 72939340

Frequently Asked Questions

When was property at 110 Lockland Avenue built and last sold?
The property at 110 Lockland Avenue was built in 1957 and last sold on May 25, 2022 for $568,000.
How much is this home worth?
The estimated value of the home located at 110 Lockland Avenue is $544,210.
What are some comparable homes to 110 Lockland Avenue?
There are currently no comparable homes to 110 Lockland Avenue.
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