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$380,000
● Property - Off Market

16 2nd #A

Framingham, MA
bedrooms
Studio
bathrooms
3 Baths, 1 Half Bath
square feet
1,496 Ft²
$513,683
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Well maintained town house located on the Natick line .  Hardwood floors in living room, dinning and kitchen areas. Granite counter tops , stainless steel appliances , Master bath, , central Air conditioning, 1 garage space and three parking spaces in drive way, Plenty of street parking. Carpets in bedrooms, Laundry in unit.
Unit Size
1,496 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$254
Property Type
Property
Property Taxes
$436
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #72614783)

Price History

Date / Event Date Event Price
Sep 1, 2020 Sold
Premium
Sold
Feb 3, 2020 Listed by The American Dream Real Estate $380,000
Listed by The American Dream Real Estate

Property Highlights

Air Conditioning
Parking Available
Interior Details
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Utility Connections for Gas Range
Flooring Type: Wood, Tile
Rooms: 7
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condex
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: None
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Zoning: R
Parcel Number: 4619081
Water Source: Public
Financial Details
Tax Assessed Value: $339,000
Tax Annual Amount: $5,228
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Medical Facility
Complex is Completed
Management: No Management

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72614783
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