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Framingham 01702
15 Elder St
$305,000
● House - Off Market

15 Elder St

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,665 Ft²
$547,074
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Back on market do to buyers not being able to obtain financing.  Storybook Cape style home on flat fenced lot. 3 bedrooms 1.5 bath family home is ready to meet its new owners. This house has hardwood floors and a fire placed living perfect for hosting family holidays. Oversized eat in kitchen/dining with stainless fridge included in sale. Finished basement is a great spot for a play room or extra family room for movie night. Fall evenings will be spent in the lovely 3 season porch overlooking the back yard. Roof is approx. 5 years young, all windows are vinyl replacement and vinyl exterior make this house easy maintenance. Neutral paint through out and ready to move in. Welcome home!
Unit Size
1,665 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$192
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1940

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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 #71916026)

Price History

Date / Event Date Event Price
Mar 4, 2016 Sold
Premium
Sold
Oct 7, 2015 Listed by MDM Realty, Inc $319,000
Listed by MDM Realty, Inc
Jun 19, 2008 Sold
Premium
Sold
Mar 19, 2008 Listed by MDM Realty, Inc $249,900
Listed by MDM Realty, Inc

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 690
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Total Building Area: 1,658
  • Gross Building Area: 2,869
  • Building Area: 1,658
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,658
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383402

Zoning

  • Zoning: G

Geography

  • Account Number: F_681008_2930153
  • Parcel: FRAM M:113 B:10 L:0105 U:000
  • Block: 10
  • Lot: 105
  • Municipality: FRAMINGHAM
  • Latitude: 42.2885
  • Longitude: -71.4082

    Address

  • Full Address: 15 Elder St
  • Address - House Number: 15
  • Address - Street Name: Elder
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C007
  • 4-Digit Zip Code: 6401
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $632,800

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 577,321
  • High Value: 688,673
  • Low Value: 465,969

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $507,900
  • Assessed Land Value: $192,900
  • Assessed Improvements Value: $315,000

    Sales

  • Current Sale Recording Date: Mar 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1724165
  • Previous Sale Recording Date: Jun 19, 2008
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 48
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

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 months ago
Data Source: MLS PIN, MLS# 71916026

Frequently Asked Questions

When was property at 15 Elder Street built and last sold?
The property at 15 Elder Street was built in 1940 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 15 Elder Street is $334,006.
What are some comparable homes to 15 Elder Street?
There are currently no comparable homes to 15 Elder Street.
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