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Framingham 01701
12 Patony Rd
$430,000
● House - Off Market

12 Patony Rd

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,634 Ft²
$618,732
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model

About This Property

Don't miss out on this wonderful opportunity to call this updated Ranch home! This conveniently  located home offers many updates including a modern kitchen with white shaker style cabinetry, granite countertops and all stainless steel appliances. The living room boasts a beautiful stone fireplace as its centerpiece. Three generous sized bedrooms with hardwood flooring throughout. First floor also offers a bonus room with vaulted ceiling currently being used as a home office. This room could make a great playroom as well! The finished lower level offers a spacious family room with a half bathroom. The lower level also offers additional space that would make a great workshop or gym! Plenty of parking, a one car attached garage and an inviting backyard top this home off!
Unit Size
1,634 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$245
Property Type
House
Property Taxes
$407
HOA Dues
-
Year Built
1961

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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 #72242435)

Price History

Date / Event Date Event Price
Jan 30, 2018 Sold
Premium
Sold
Oct 13, 2017 Listed by Gelineau & Associates, R.E. $399,900
Listed by Gelineau & Associates, R.E.
Jan 30, 2014 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,156
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,453
  • Total Building Area: 1,192
  • Gross Building Area: 2,700
  • Building Area: 1,192
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,192
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000217
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383800

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_678456_2942037
  • Parcel: FRAM M:049 B:82 L:4053 U:000
  • Block: 82
  • Lot: 4053
  • Municipality: FRAMINGHAM
  • Latitude: 42.3211
  • Longitude: -71.4176

    Address

  • Full Address: 12 Patony Rd
  • Address - House Number: 12
  • Address - Street Name: Patony
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C043
  • 4-Digit Zip Code: 4048
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $692,900

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 646,241
  • High Value: 761,618
  • Low Value: 530,863

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $556,100
  • Assessed Land Value: $232,600
  • Assessed Improvements Value: $323,500

    Sales

  • Current Sale Recording Date: Jan 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14323
  • Previous Sale Recording Date: Jan 30, 2014
  • Previous Sale Amount: $269,900
  • 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

$363

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2076 ft²

Average Home Age

62.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72242435

Frequently Asked Questions

When was property at 12 Patony Road built and last sold?
The property at 12 Patony Road was built in 1961 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 12 Patony Road is $417,876.
What are some comparable homes to 12 Patony Road?
There are currently no comparable homes to 12 Patony Road.
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