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Framingham 01702
159 Edgewater Dr
$275,000
● House - Off Market

159 Edgewater Dr

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,130 Ft²
$488,112
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Waterfront home on Stearns Reservoir.  Walkout basement to fabulous backyard.  Property is sold in "AS IS/AS SEEN" Condition. No representations or warranties, stated or implied, from seller or seller's agent.  Buyer to perform own due diligence.  All offers to listing agent by 11:00am, Tuesday, October 20th.
Unit Size
1,130 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$243
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1952

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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: 5 months ago (MLSPIN #71917427)

Price History

Date / Event Date Event Price
Mar 1, 2016 Sold
Premium
Sold
Dec 4, 2015 Sold
Premium
Sold
Oct 9, 2015 Listed by RE/MAX Leading Edge $275,000
Listed by RE/MAX Leading Edge

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 970
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,850
  • Total Building Area: 1,130
  • Gross Building Area: 2,204
  • Building Area: 1,130
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,130
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000295
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383300

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_670894_2929686
  • Parcel: FRAM M:118 B:09 L:8698 U:000
  • Block: 9
  • Lot: 8698
  • Municipality: FRAMINGHAM
  • Latitude: 42.2872
  • Longitude: -71.4454

    Address

  • Full Address: 159 Edgewater Dr
  • Address - House Number: 159
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C059
  • 4-Digit Zip Code: 5600
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $647,300

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 542,902
  • High Value: 647,615
  • Low Value: 438,188

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $519,500
  • Assessed Land Value: $293,700
  • Assessed Improvements Value: $225,800

    Sales

  • Current Sale Recording Date: Mar 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1723837
  • Previous Sale Recording Date: Dec 04, 2015
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 35
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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71917427

Frequently Asked Questions

When was property at 159 Edgewater Drive built and last sold?
The property at 159 Edgewater Drive was built in 1952 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 159 Edgewater Drive is $285,171.
What are some comparable homes to 159 Edgewater Drive?
There are currently no comparable homes to 159 Edgewater Drive.
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