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Framingham 01702
16 Bates Rd
$375,000
● House - Off Market

16 Bates Rd

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,500 Ft²
$561,504
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Great commuter location! Minutes from Schools Shopping and Schools. Great home with lots of charm and potential. Fence back yard perfect for entertaining. First Showing will be at the Open House.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$262
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1917

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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: 4 months ago (MLSPIN #72469419)

Price History

Date / Event Date Event Price
Jun 17, 2019 Sold
Premium
Sold
Mar 22, 2019 Listed by Tavarez Realty Group, Inc. $393,500
Listed by Tavarez Realty Group, Inc.
May 29, 1992 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 734
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,459
  • Gross Building Area: 3,489
  • Building Area: 1,459
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,459
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383200

Zoning

  • Zoning: G

Geography

  • Account Number: F_677460_2920323
  • Parcel: FRAM M:145 B:70 L:4352 U:000
  • Block: 70
  • Lot: 4352
  • Municipality: FRAMINGHAM
  • Latitude: 42.2614
  • Longitude: -71.4213

    Address

  • Full Address: 16 Bates Rd
  • Address - House Number: 16
  • Address - Street Name: Bates
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C006
  • 4-Digit Zip Code: 8704
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $507,200

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 521,732
  • High Value: 619,232
  • Low Value: 424,232

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $407,100
  • Assessed Land Value: $181,100
  • Assessed Improvements Value: $226,000

    Sales

  • Current Sale Contract Date: Jun 14, 2019
  • Current Sale Recording Date: Jun 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82133
  • Previous Sale Recording Date: May 29, 1992
  • Previous Sale Amount: $114,000
  • Previous Sale Document Type: 27
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

2034 ft²

Average Home Age

60.9 years

Currently For Sale

133 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# 72469419

Frequently Asked Questions

When was property at 16 Bates Road built and last sold?
The property at 16 Bates Road was built in 1917 and last sold on Jun 14, 2019 for $375,000.
How much is this home worth?
The estimated value of the home located at 16 Bates Road is $404,889.
What are some comparable homes to 16 Bates Road?
There are currently no comparable homes to 16 Bates Road.
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