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Framingham 01701
15 Sylvester Dr
$440,000
● House - Off Market

15 Sylvester Dr

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,415 Ft²
$351,120
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model

About This Property

Superb opportunity for entrepreneurial home buyers, builders, and investors. Selling 'as is'. L shape, 1415 sf ranch, lovely flow, open floor plan,  fireplaced living room with a large picture window overlooking the yard,  cozy den, spacious bedrooms, oversized garage, and great utility walk-in and laundry room, in a desirable, picturesque neighborhood, close to all major roads, within walking distance of shops/ malls/ restaurants. Gain fast sweat equity and make this your dream home.  The owner uses the home as an art studio. Please be careful as you view the home to not to touch or bump into artwork. The artwork will be removed before closing. The seller offers it with its content but reserves the right to remove any items before closing. No kids are allowed in the home. Offers are due Tuesday 2/28 by 4 pm.
Unit Size
1,415 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$244
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1959

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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 #73081424)

Price History

Date / Event Date Event Price
Apr 24, 2023 Sold
Premium
Sold
Mar 1, 2023 In contract -
In contract
Feb 23, 2023 Listed by Zemack Real Estate $345,000
Listed by Zemack Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,415
  • Gross Building Area: 2,143
  • Building Area: 1,415
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,415
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383600

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_680826_2937265
  • Parcel: FRAM M:081 B:07 L:8226 U:000
  • Block: 7
  • Lot: 8226
  • Municipality: FRAMINGHAM
  • Latitude: 42.308
  • Longitude: -71.4089

    Address

  • Full Address: 15 Sylvester Dr
  • Address - House Number: 15
  • Address - Street Name: Sylvester
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C017
  • 4-Digit Zip Code: 7817
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $501,800

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 465,162
  • High Value: 544,628
  • Low Value: 385,695

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $402,700
  • Assessed Land Value: $232,700
  • Assessed Improvements Value: $170,000

    Sales

  • Current Sale Contract Date: Apr 24, 2023
  • Current Sale Recording Date: Apr 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40650
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

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# 73081424

Frequently Asked Questions

When was property at 15 Sylvester Drive built and last sold?
The property at 15 Sylvester Drive was built in 1959 and last sold on Apr 24, 2023 for $440,000.
How much is this home worth?
The estimated value of the home located at 15 Sylvester Drive is $365,802.
What are some comparable homes to 15 Sylvester Drive?
There are currently no comparable homes to 15 Sylvester Drive.
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