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Framingham 01701
114 Spruce Street
$169,000
● House - Off Market

114 Spruce Street

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,170 Ft²
$625,610
RealtyHop Estimate
261.83%
Since Jan 1, 1999
MA-Boston
Primary Model

About This Property

LOCATION! LOCATION! COZY CAPE ON QUIET ENDED WAY! 15X12 INVITING FR! NEW KITCHEN CABINETS! HARDWOODS! 6 YR OLD WINDOWS & SIDING! QUIET LOCATION NEAR MAJOR HIGHWAYS! WON'T LAST!
Unit Size
1,170 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$148
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1951

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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 years ago (MLSPIN #30251655)

Price History

Date / Event Date Event Price
Jul 1, 2003 Sold
Premium
Sold
May 16, 2003 Listed $294,900
Listed
Dec 15, 1998 Sold
Premium
Sold
Aug 20, 1998 Listed $172,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 660
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,845
  • Total Building Area: 1,170
  • Gross Building Area: 2,340
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000226
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_675591_2939373
  • Parcel: FRAM M:069 B:59 L:5397 U:000
  • Block: 59
  • Lot: 5397
  • Municipality: FRAMINGHAM
  • Latitude: 42.3138
  • Longitude: -71.4282

    Address

  • Full Address: 114 Spruce St
  • Address - House Number: 114
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C035
  • 4-Digit Zip Code: 4350
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $554,800

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 562,288
  • High Value: 665,651
  • Low Value: 458,925

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $445,300
  • Assessed Land Value: $233,000
  • Assessed Improvements Value: $212,300

    Sales

  • Current Sale Recording Date: Jul 01, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2228
  • Previous Sale Recording Date: Dec 15, 1998
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: 27
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

2048 ft²

Average Home Age

61 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 years ago
Data Source: MLS PIN, MLS# 30251655

Frequently Asked Questions

When was property at 114 Spruce Street built and last sold?
The property at 114 Spruce Street was built in 1951 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 114 Spruce Street is $0.
What are some comparable homes to 114 Spruce Street?
There are currently no comparable homes to 114 Spruce Street.
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