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Framingham 01701
156 Lockland Ave
$308,000
● House - Off Market

156 Lockland Ave

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,896 Ft²
$605,095
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

Open House  AUG 25TH NOON-2    Imprvmnts consist of $$$ maintenance items in last eight years.Windows, water line(2011), furnace, hw tank+ NEW kitchen floor)   Vaulted ceiling in LR opening to DR.  RELAX on off kitchen three-season porch; BBQ/play area  PARK IN OVERSIZED GARAGES plus TOOL SHED..    OPPORTUNITY to own a well priced home; pricing reflects time for updating.  Note: Sometimes called a RAISED RANCH..walkout from KITCHEN.  13 MONTH HOME WARRANTY provided by seller.  Home heating service contract for 2013-14       Ask about "walk score"!
Unit Size
1,896 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$168
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1964

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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: 6 months ago (MLSPIN #71570309)

Price History

Date / Event Date Event Price
Sep 13, 2021 Sold
Premium
Sold
Jul 15, 2021 Listed by RE/MAX Best Choice $529,900
Listed by RE/MAX Best Choice
Oct 1, 2013 Sold
Premium
Sold
Aug 15, 2013 Listed by RE/MAX Best Choice $319,000
Listed by RE/MAX Best Choice
May 15, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,150
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,809
  • Total Building Area: 1,198
  • Gross Building Area: 2,828
  • Building Area: 1,198
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,198
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000317
  • 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_677997_2935847
  • Parcel: FRAM M:091 B:75 L:9894 U:000
  • Block: 75
  • Lot: 9894
  • Municipality: FRAMINGHAM
  • Latitude: 42.3041
  • Longitude: -71.4193

    Address

  • Full Address: 156 Lockland Ave
  • Address - House Number: 156
  • Address - Street Name: Lockland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Framingham
  • Carrier Code: C033
  • 4-Digit Zip Code: 7931
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $722,600

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 663,571
  • High Value: 778,813
  • Low Value: 548,330

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $579,900
  • Assessed Land Value: $236,500
  • Assessed Improvements Value: $343,400

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 203268
  • Previous Sale Recording Date: Oct 01, 2013
  • Previous Sale Amount: $308,000
  • 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

1988 ft²

Average Home Age

59.1 years

Currently For Sale

106 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: 6 months ago
Data Source: MLS PIN, MLS# 71570309

Frequently Asked Questions

When was property at 156 Lockland Avenue built and last sold?
The property at 156 Lockland Avenue was built in 1964 and last sold on Sep 13, 2021 for $630,000.
How much is this home worth?
The estimated value of the home located at 156 Lockland Avenue is $529,406.
What are some comparable homes to 156 Lockland Avenue?
There are currently no comparable homes to 156 Lockland Avenue.
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