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Framingham 01702
15 Edgewater Drive
$400,000
● House - Off Market

15 Edgewater Drive

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,479 Ft²
$864,287
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

Amazing reservoir views await you with tall floor to ceiling glass off a spectacular kitchen with Wolf and other high end appliances for your culinary delights. 2 Living levels. Too much to describe. Great space for music or arts room. Room used as lower bedroom does not have a closet. View the online tour.
Unit Size
1,479 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$284
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #71477991)

Price History

Date / Event Date Event Price
Mar 1, 2013 Sold
Premium
Sold
Jan 31, 2013 Listed by Exit First Choice Professional Realty $420,000
Listed by Exit First Choice Professional Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,451
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,858
  • Total Building Area: 1,468
  • Gross Building Area: 3,325
  • Building Area: 1,468
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,468
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000387
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383300

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_671273_2930522
  • Parcel: FRAM M:109 B:10 L:2572 U:000
  • Block: 10
  • Lot: 2572
  • Municipality: FRAMINGHAM
  • Latitude: 42.2894
  • Longitude: -71.4442

    Address

  • Full Address: 15 Edgewater Dr
  • Address - House Number: 15
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C059
  • 4-Digit Zip Code: 5612
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $866,200

    Appraisal Valuation

  • Standard Deviation: 0.1568
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 768,533
  • High Value: 889,094
  • Low Value: 647,973

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $695,200
  • Assessed Land Value: $298,300
  • Assessed Improvements Value: $396,900

    Sales

  • Current Sale Recording Date: Jun 05, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1789162
  • Previous Sale Recording Date: Mar 01, 2013
  • Previous Sale Amount: $400,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71477991

Frequently Asked Questions

When was property at 15 Edgewater Drive built and last sold?
The property at 15 Edgewater Drive was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 15 Edgewater Drive is $427,719.
What are some comparable homes to 15 Edgewater Drive?
There are currently no comparable homes to 15 Edgewater Drive.
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