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Framingham 01701
12 Nancy Lane
Photo of 12 Nancy Lane
Sold on Nov 15, 2005

1

Map

$382,400
● House - Off Market

12 Nancy Lane

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,554 Ft²
$722,407
RealtyHop Estimate
78.42%
Since Dec 1, 2005
MA-Boston
Primary Model

About This Property

WOW - Major PRICE REDUCTION!  3 bedroom, 2.5 Bath Ranch. Located in a Desirable North Framingham Neighborhood! Great Open Floor Plan w/Beautiful Hardwood Floors/ 2 Fireplaces/Updated Kitchen/Dining Room w Bow Window/ Front-to-Back Family Room w Large Picture Window overlooking Private Wooded Back Yard! The Lower Level has over 1,000(+/-) sq ft additional living space not inc. in GLA. Full Bath & Walk-in Cedar Closet! Private Yd! Hurry At This PRICE - Great Opportunity - so much Home!!
Unit Size
1,554 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$261
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1962

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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 #70246045)

Price History

Date / Event Date Event Price
Mar 8, 2021 Sold
Premium
Sold
Feb 4, 2021 Listed $499,900
Listed
Nov 15, 2005 Sold
Premium
Sold
Aug 22, 2005 Listed $404,900
Listed
Dec 26, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1967
  • 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: 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: 1,494
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,740
  • Total Building Area: 1,554
  • Gross Building Area: 3,635
  • Building Area: 1,554
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,554
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000545
  • 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_671310_2944043
  • Parcel: FRAM M:036 B:14 L:3004 U:000
  • Block: 14
  • Lot: 3004
  • Municipality: FRAMINGHAM
  • Latitude: 42.3268
  • Longitude: -71.444

    Address

  • Full Address: 12 Nancy Ln
  • Address - House Number: 12
  • Address - Street Name: Nancy
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Framingham
  • Carrier Code: C076
  • 4-Digit Zip Code: 3836
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $749,600

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 684,236
  • High Value: 806,264
  • Low Value: 562,208

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $601,600
  • Assessed Land Value: $245,500
  • Assessed Improvements Value: $356,100

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1872313
  • Previous Sale Recording Date: Nov 15, 2005
  • Previous Sale Amount: $382,400
  • Previous Sale Document Type: 48
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

2079 ft²

Average Home Age

62.8 years

Currently For Sale

140 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# 70246045

Frequently Asked Questions

When was property at 12 Nancy Lane built and last sold?
The property at 12 Nancy Lane was built in 1962 and last sold on Mar 5, 2021 for $605,000.
How much is this home worth?
The estimated value of the home located at 12 Nancy Lane is $509,315.
What are some comparable homes to 12 Nancy Lane?
There are currently no comparable homes to 12 Nancy Lane.
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