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Framingham 01701
12 Monterey Lane
$443,000
● House - Off Market

12 Monterey Lane

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,700 Ft²
$970,830
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

Sunny contemp/Col. located in much admired neighborhood! Unique open floor plan with circular staircase and hardwood floors on main level. Spacious, upgraded stainless steel applianced kitchen with granite counters, extra cherry cabinets and island peninsula  overlooking dining area featuring bay window for bird watching!  Gas fireplace in Fam. Rm. Bonus room can be 4th bdrm or office.Master suite consists of large bedroom, sitting area and walk-in closet. Double sinks and jette
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$167
Property Type
House
Property Taxes
$662
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71351805)

Price History

Date / Event Date Event Price
Sep 21, 2012 Sold
Premium
Sold
Mar 15, 2012 Listed by ERA Key Realty Services- Fram $449,900
Listed by ERA Key Realty Services- Fram

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,023
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,735
  • Total Building Area: 2,136
  • Gross Building Area: 4,044
  • Building Area: 2,136
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,136
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND FRAMINGHAM
  • Land Acres: 0000000476
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383902

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_666383_2937445
  • Parcel: FRAM M:077 B:67 L:3484 U:000
  • Block: 67
  • Lot: 3484
  • Municipality: FRAMINGHAM
  • Latitude: 42.3085
  • Longitude: -71.4623

    Address

  • Full Address: 12 Monterey Ln
  • Address - House Number: 12
  • Address - Street Name: Monterey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Framingham
  • Carrier Code: C034
  • 4-Digit Zip Code: 2850
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $939,700

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 857,391
  • High Value: 1,006,293
  • Low Value: 708,488

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $754,200
  • Assessed Land Value: $280,900
  • Assessed Improvements Value: $473,300

    Sales

  • Current Sale Recording Date: Sep 21, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000020
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

$365

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2058 ft²

Average Home Age

59.3 years

Currently For Sale

125 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71351805

Frequently Asked Questions

When was property at 12 Monterey Lane built and last sold?
The property at 12 Monterey Lane was built in 1987 and last sold on Jan 1, 1970 for $443,000.
How much is this home worth?
The estimated value of the home located at 12 Monterey Lane is $480,779.
What are some comparable homes to 12 Monterey Lane?
There are currently no comparable homes to 12 Monterey Lane.
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