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Framingham 01702
15 Thelma Rd
$585,000
● House - Off Market

15 Thelma Rd

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,639 Ft²
$644,230
RealtyHop Estimate
7.39%
Since Feb 1, 2023
MA-Boston
Primary Model

About This Property

Updated 3 bed 2 full bath cape!  Open floor plan great for entertaining!  Amazing eat in kitchen with quartz countertops, stainless steel appliances and large island.  Fireplaced living room with tons of natural light.  2 generous sized bedrooms on main level and full bath with tub and tiled shower.  Head upstairs to private master bedroom with tons of closet space!    Finished basement featuring 2 large rooms, full bath with tiled shower and laundry.  Newer HVAC system with Gas Heat and Central AC.  Flat fenced in backyard with deck and large patio!  All this and just minutes to the Framingham T station, rtes 9, 27,30 and 90!
Unit Size
1,639 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$366
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1948

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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 #73064089)

Price History

Date / Event Date Event Price
Jan 27, 2023 Sold
Premium
Sold
Dec 28, 2022 In contract -
In contract
Dec 9, 2022 Listed by 29 Realty Group, Inc. $599,900
Listed by 29 Realty Group, Inc.
Jul 1, 2022 Sold
Premium
Sold
Jan 6, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 780
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Total Building Area: 975
  • Gross Building Area: 2,638
  • Building Area: 975
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 975
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383501

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_680929_2931093
  • Parcel: FRAM M:112 B:01 L:9029 U:000
  • Block: 1
  • Lot: 9029
  • Municipality: FRAMINGHAM
  • Latitude: 42.2911
  • Longitude: -71.4085

    Address

  • Full Address: 15 Thelma Rd
  • Address - House Number: 15
  • Address - Street Name: Thelma
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C067
  • 4-Digit Zip Code: 2309
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $677,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 530,929
  • High Value: 625,348
  • Low Value: 436,510

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $543,900
  • Assessed Land Value: $192,700
  • Assessed Improvements Value: $351,200

    Sales

  • Current Sale Contract Date: Jan 27, 2023
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10134
  • Previous Sale Recording Date: Jul 01, 2022
  • Previous Sale Contract Date: Jul 01, 2022
  • 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:

$676,514

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2051 ft²

Average Home Age

60.7 years

Currently For Sale

127 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: 5 months ago
Data Source: MLS PIN, MLS# 73064089

Frequently Asked Questions

When was property at 15 Thelma Road built and last sold?
The property at 15 Thelma Road was built in 1948 and last sold on Jan 27, 2023 for $585,000.
How much is this home worth?
The estimated value of the home located at 15 Thelma Road is $605,446.
What are some comparable homes to 15 Thelma Road?
There are currently no comparable homes to 15 Thelma Road.
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