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Framingham 01701
1345 Old Worcester Road
$505,000
● House - Off Market

1345 Old Worcester Road

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,148 Ft²
$510,726
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Bright & open 4 brm, 2 full bath split level home w/1 car garage in wonderful location! Lovely fireplaced living rm w/crown molding, bow window and hardwood floor opens to formal dining rm w/hardwood floor & slider to sun rm! White eat in kitchen w/recessed lights & newer stainless steel oven & microwave! 3 brms on main level all with hardwood floors & double closets! Main bath w/double sinks & tiled floor! Lower level has 4th brm w/double closet, fireplaced family rm w/built in cabinets, office, full bath & large laundry rm/mud rm leading to 1 car garage! Gorgeous private level lot abutting conservation land! Mass Save insulation and new driveway in 2018, heat in 2009 & more! Walk to reservoir right down the street and walk to shops & restaurants & minutes to Rt 9, MA Pike & Rt 495!
Unit Size
2,148 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$209
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1960

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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: 5 years ago (MLSPIN #72877266)

Price History

Date / Event Date Event Price
Sep 16, 2021 Sold
Premium
Sold
Aug 5, 2021 Listed by Coldwell Banker Realty - Sudbury $449,900
Listed by Coldwell Banker Realty - Sudbury
Apr 27, 1989 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,248
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,494
  • Total Building Area: 1,296
  • Gross Building Area: 2,760
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 384004

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_668100_2933622
  • Parcel: FRAM M:098 B:83 L:1602 U:000
  • Block: 83
  • Lot: 1602
  • Municipality: FRAMINGHAM
  • Latitude: 42.298
  • Longitude: -71.4558

    Address

  • Full Address: 1345 Old Worcester Rd
  • Address - House Number: 1345
  • Address - Street Name: Old Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C068
  • 4-Digit Zip Code: 8908
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $672,000

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 592,604
  • High Value: 701,540
  • Low Value: 483,668

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $539,300
  • Assessed Land Value: $245,100
  • Assessed Improvements Value: $294,200

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 206017
  • Previous Sale Recording Date: Apr 27, 1989
  • Previous Sale Amount: $12,000
  • 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

2074 ft²

Average Home Age

63 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: 5 years ago
Data Source: MLS PIN, MLS# 72877266

Frequently Asked Questions

When was property at 1345 Old Worcester Road built and last sold?
The property at 1345 Old Worcester Road was built in 1960 and last sold on Sep 16, 2021 for $505,000.
How much is this home worth?
The estimated value of the home located at 1345 Old Worcester Road is $0.
What are some comparable homes to 1345 Old Worcester Road?
There are currently no comparable homes to 1345 Old Worcester Road.
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