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Framingham 01701
1391 Concord St
$325,000
● House - Off Market

1391 Concord St

Framingham, MA 01701
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,386 Ft²
$339,896
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model

About This Property

Great opportunity for a creative home owner, contractor or end-user to personalize and customize this special Cape-style residence. There are six rooms, two bedrooms, and two bathrooms with over 1,385 square feet of living space. The dining room has a built-in china cabinet, and the living room has a fireplace with stone surround. A window brightens the kitchen with ample cabinet space. Also offered a full basement and parking for two cars. Improvements to the property include freshly painted interior walls, 2010 roof, and 2019 water heater. This property is only minutes to shops, malls, Framingham University, Route 9, Massachusetts Turnpike, and all that Framingham has to offer. ...
Unit Size
1,386 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$216
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1867

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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 years ago (MLSPIN #72851883)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Jun 17, 2021 Listed by RE/MAX American Dream $299,000
Listed by RE/MAX American Dream

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1867
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 1,188
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,466
  • Total Building Area: 1,386
  • Gross Building Area: 2,790
  • Building Area: 1,386
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,386
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000378
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383700

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_683749_2940697
  • Parcel: FRAM M:060 B:30 L:7649 U:000
  • Block: 30
  • Lot: 7649
  • Municipality: FRAMINGHAM
  • Latitude: 42.3174
  • Longitude: -71.3982

    Address

  • Full Address: 1391 Concord St
  • Address - House Number: 1391
  • Address - Street Name: Concord
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C053
  • 4-Digit Zip Code: 7702
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $492,200

    Appraisal Valuation

  • Standard Deviation: 0.2524
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 64
  • Final Value: 481,681
  • High Value: 603,280
  • Low Value: 360,082

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $395,000
  • Assessed Land Value: $238,900
  • Assessed Improvements Value: $156,100

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 186909
  • Previous Sale Recording Date: Sep 12, 1978
  • Previous Sale Document Type: 34
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

2043 ft²

Average Home Age

60.9 years

Currently For Sale

132 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# 72851883

Frequently Asked Questions

When was property at 1391 Concord Street built and last sold?
The property at 1391 Concord Street was built in 1867 and last sold on Aug 19, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 1391 Concord Street is $315,746.
What are some comparable homes to 1391 Concord Street?
There are currently no comparable homes to 1391 Concord Street.
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