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Framingham 01701
14 Tower Street
$483,500
● House - Off Market

14 Tower Street

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$764,214
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

NEW CONSTRUCTION/PRE CONSTRUCTION   Starting price as listed with opportunities for custom options!    One of four condo units, units to be built similar to units shown!  Secluded area located off of rt. 9 at the end of a private road. Quiet yet super convenient for commuters!    A CAN'T MISS OPPORTUNITY  Find out how to make this home yours! Time to start picking your colors! Still time to customize your home with many additional options to your desires! (Pictures listed are of previously finished units with all upgrades offered.)
Unit Size
2,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

Payment Calculator

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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 #72116203)

Price History

Date / Event Date Event Price
Sep 13, 2023 Sold
Premium
Sold
Sep 27, 2017 Sold
Premium
Sold
Feb 6, 2017 Listed by Coldwell Banker Residential Brokerage - Natick $479,900
Listed by Coldwell Banker Residential Brokerage - Natick

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 29
  • 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: 7
  • Basement Area: 1,030
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,813
  • Gross Building Area: 3,634
  • Building Area: 1,813
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,813
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1004
  • County Land Use Code: 102

Neighborhood

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

Zoning

  • Zoning: B

Geography

  • Account Number: F_671060_2934529
  • Parcel: FRAM M:089 B:14 L:0562 U:014
  • Block: 14
  • Lot: 562
  • Municipality: FRAMINGHAM
  • Latitude: 42.3005
  • Longitude: -71.4449

    Address

  • Full Address: 14 Tower St
  • Address - House Number: 14
  • Address - Street Name: Tower
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C072
  • 4-Digit Zip Code: 4723
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $835,300

    Appraisal Valuation

  • Standard Deviation: 0.1628
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 719,676
  • High Value: 836,875
  • Low Value: 602,478

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $670,400
  • Assessed Improvements Value: $670,400

    Sales

  • Current Sale Contract Date: Sep 13, 2023
  • Current Sale Recording Date: Sep 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 14
  • Current Sale Input Document Number: 103204
  • Previous Sale Recording Date: Sep 27, 2017
  • Previous Sale Amount: $483,500
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72116203

Frequently Asked Questions

When was property at 14 Tower Street built and last sold?
The property at 14 Tower Street was built in 2016 and last sold on Sep 13, 2023 for $725,000.
How much is this home worth?
The estimated value of the home located at 14 Tower Street is $502,635.
What are some comparable homes to 14 Tower Street?
There are currently no comparable homes to 14 Tower Street.
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