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Framingham 01701
13-A Summer Lane
$535,000
● House - Off Market

13-A Summer Lane

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,069 Ft²
$1,105,914
RealtyHop Estimate
101.11%
Since Feb 1, 2004
MA-Boston
Primary Model

About This Property

COMMUTER'S DREAM! CUSTOM BUILT YOUNG CONTEMP TUCKED ON PRIV WD LOT-ALMOST 1 ACRE! CONVEN LOCAT IN GRT NEIGH! 4 BDS, 3 1/2 BATH.SOARING CEILGS,HDWD FLRS,FIN LWR LV W REC RM+OFFICE +BTH.MULTI DKS,C/A,SEC SYS. 2 CAR GAR W HTD BONUS RM!SUPER!!
Unit Size
3,069 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$179
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1988

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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 years ago (MLSPIN #30781860)

Price History

Date / Event Date Event Price
Jan 30, 2004 Sold
Premium
Sold
Oct 20, 2003 Listed by RE/MAX Executive Realty $549,900
Listed by RE/MAX Executive Realty

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,288
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,469
  • Total Building Area: 3,009
  • Gross Building Area: 5,629
  • Building Area: 3,009
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,009
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000952
  • 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_679909_293824
  • Parcel: FRAM M:070 B:98 L:9204 U:000
  • Block: 98
  • Lot: 9204
  • Municipality: FRAMINGHAM
  • Latitude: 42.3109
  • Longitude: -71.4124

    Address

  • Full Address: 13a Summer Ln
  • Address - House Number: 13a
  • Address - Street Name: Summer
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Framingham
  • Carrier Code: C060
  • 4-Digit Zip Code: 7907
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,181,300

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,072,757
  • High Value: 1,239,521
  • Low Value: 905,993

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $948,100
  • Assessed Land Value: $261,700
  • Assessed Improvements Value: $686,400

    Sales

  • Current Sale Recording Date: Jan 30, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 1307642
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

2069 ft²

Average Home Age

62.9 years

Currently For Sale

138 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 years ago
Data Source: MLS PIN, MLS# 30781860

Frequently Asked Questions

When was property at 13A Summer Lane built and last sold?
The property at 13A Summer Lane was built in 1988 and last sold on Jan 1, 1970 for $535,000.
How much is this home worth?
The estimated value of the home located at 13A Summer Lane is $0.
What are some comparable homes to 13A Summer Lane?
There are currently no comparable homes to 13A Summer Lane.
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