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Framingham 01702
15 Gannon Terrace
$680,000
● House - Off Market

15 Gannon Terrace

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,651 Ft²
$935,901
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Custom Built home situated at the end of a cul-de-sac in the very desirable Woodcrest Acres neighborhood.  A grand 2-story stone fireplace centers the family room.  The home features a huge, 2-room Master Suite with built-in storage, a walk-in closet and Master Bathroom and a 2nd floor laundry room.  Kitchen has granite countertops and stainless steel appliances.   A four-season heated rec room leads to a private, fenced-in back yard featuring a large heated pool, beautiful landscaping and an oversized pool-shed.    Recent upgrades within the past 5 years include the following:  state of the art boiler system; tankless on-demand hot water; new heater for pool; new loop-lock pool cover;  new roof with skylights; new windows on the front of the house and in the bedrooms.
Unit Size
3,651 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$192
Property Type
House
Property Taxes
$824
HOA Dues
-
Year Built
1977

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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: 5 months ago (MLSPIN #72681292)

Price History

Date / Event Date Event Price
Oct 2, 2020 Sold
Premium
Sold
Jun 26, 2020 Listed by Affinity REALTORS® $699,900
Listed by Affinity REALTORS®
May 15, 2013 Sold
Premium
Sold
Feb 18, 2013 Listed by Affinity REALTORS® $519,900
Listed by Affinity REALTORS®
May 22, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,102
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,628
  • Total Building Area: 3,259
  • Gross Building Area: 5,786
  • Building Area: 3,259
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,259
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000772
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 384003

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_669794_2927513
  • Parcel: FRAM M:125 B:97 L:7591 U:000
  • Block: 97
  • Lot: 7591
  • Municipality: FRAMINGHAM
  • Latitude: 42.2811
  • Longitude: -71.4497

    Address

  • Full Address: 15 Gannon Ter
  • Address - House Number: 15
  • Address - Street Name: Gannon
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Framingham
  • Carrier Code: R002
  • 4-Digit Zip Code: 6111
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,008,800

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 944,368
  • High Value: 1,110,945
  • Low Value: 777,790

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $809,600
  • Assessed Land Value: $269,200
  • Assessed Improvements Value: $540,400

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 177743
  • Previous Sale Recording Date: May 15, 2013
  • Previous Sale Amount: $487,500
  • 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

52

Average Home Size

1996 ft²

Average Home Age

59.3 years

Currently For Sale

110 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: 5 months ago
Data Source: MLS PIN, MLS# 72681292

Frequently Asked Questions

When was property at 15 Gannon Terrace built and last sold?
The property at 15 Gannon Terrace was built in 1977 and last sold on Sep 30, 2020 for $680,000.
How much is this home worth?
The estimated value of the home located at 15 Gannon Terrace is $726,824.
What are some comparable homes to 15 Gannon Terrace?
There are currently no comparable homes to 15 Gannon Terrace.
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