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Framingham 01701
16 Arbetter Dr
$375,000
● House - Off Market

16 Arbetter Dr

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,362 Ft²
$546,202
RealtyHop Estimate
56.10%
Since Nov 1, 2017
MA-Boston
Primary Model

About This Property

OPEN HOUSE CANCELLED-Beautiful updated ranch in popular North Framingham location!  Many big improvements have been done in recent years including the roof, siding, windows, chimney liner, electrical, plumbing, driveway and patio area.  If you are looking for a move in ready home, you found it!  The open floor plan allows for flexibility to suit your needs.  This home offers an open floor plan great for entertaining!  Woodfield playground and Garden in the Woods are just around the corner!  Schedule your showing today!
Unit Size
1,362 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$257
Property Type
House
Property Taxes
$401
HOA Dues
-
Year Built
1958

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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 #72224208)

Price History

Date / Event Date Event Price
Oct 30, 2017 Sold
Premium
Sold
Sep 6, 2017 Listed by Lamacchia Realty, Inc. $349,900
Listed by Lamacchia Realty, Inc.
Jan 26, 2015 Sold
Premium
Sold
Aug 10, 2014 Listed by Lamacchia Realty, Inc. $300,000
Listed by Lamacchia Realty, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Total Building Area: 1,362
  • Gross Building Area: 1,865
  • Building Area: 1,362
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,362
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383904

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_676392_2948549
  • Parcel: FRAM M:017 B:68 L:3594 U:000
  • Block: 68
  • Lot: 3594
  • Municipality: FRAMINGHAM
  • Latitude: 42.339
  • Longitude: -71.425

    Address

  • Full Address: 16 Arbetter Dr
  • Address - House Number: 16
  • Address - Street Name: Arbetter
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C048
  • 4-Digit Zip Code: 2719
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $662,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 600,084
  • High Value: 710,395
  • Low Value: 489,773

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $531,300
  • Assessed Land Value: $242,200
  • Assessed Improvements Value: $289,100

    Sales

  • Current Sale Recording Date: Oct 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 175868
  • Previous Sale Recording Date: Jan 26, 2015
  • Previous Sale Amount: $295,000
  • 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

$363

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2076 ft²

Average Home Age

62.4 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72224208

Frequently Asked Questions

When was property at 16 Arbetter Drive built and last sold?
The property at 16 Arbetter Drive was built in 1958 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 16 Arbetter Drive is $361,191.
What are some comparable homes to 16 Arbetter Drive?
There are currently no comparable homes to 16 Arbetter Drive.
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