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Framingham 01701
12 Ridgefield Drive
$350,000
● House - Off Market

12 Ridgefield Drive

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,439 Ft²
$488,359
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Great potential in this 7 rm, 3 bedroom, 1.5 bath L Ranch w/1 car attached garage on beautiful level lot in convenient neighborhood location! Fireplaced living rm w/picture window, family rm off kitchen, master bedroom w/half bath on almost 1/2 acre lot!  Great location, walk to shops & restuarants and minutes to all major routes, schools and shopping!
Unit Size
1,439 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$229
Property Type
House
Property Taxes
$399
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: 4 months ago (MLSPIN #72357214)

Price History

Date / Event Date Event Price
Dec 8, 2020 Sold
Premium
Sold
Aug 15, 2018 Sold
Premium
Sold
Jul 5, 2018 Listed by Realty Executives Boston West $329,900
Listed by Realty Executives Boston West

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,772
  • Total Building Area: 1,439
  • Gross Building Area: 1,895
  • Building Area: 1,439
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,439
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000408
  • 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_679912_2936653
  • Parcel: FRAM M:081 B:96 L:9615 U:000
  • Block: 96
  • Lot: 9615
  • Municipality: FRAMINGHAM
  • Latitude: 42.3063
  • Longitude: -71.4122

    Address

  • Full Address: 12 Ridgefield Dr
  • Address - House Number: 12
  • Address - Street Name: Ridgefield
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C033
  • 4-Digit Zip Code: 4945
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $585,500

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 524,705
  • High Value: 624,204
  • Low Value: 425,206

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $469,900
  • Assessed Land Value: $240,200
  • Assessed Improvements Value: $229,700

    Sales

  • Current Sale Contract Date: Dec 07, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 232387
  • Previous Sale Recording Date: Aug 15, 2018
  • Previous Sale Amount: $350,000
  • 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

$364

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2075 ft²

Average Home Age

63.2 years

Currently For Sale

136 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

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72357214

Frequently Asked Questions

When was property at 12 Ridgefield Drive built and last sold?
The property at 12 Ridgefield Drive was built in 1957 and last sold on Dec 7, 2020 for $300,000.
How much is this home worth?
The estimated value of the home located at 12 Ridgefield Drive is $345,467.
What are some comparable homes to 12 Ridgefield Drive?
There are currently no comparable homes to 12 Ridgefield Drive.
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