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Framingham 01701
16 Cherry Rd
$310,000
● House - Off Market

16 Cherry Rd

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,700 Ft²
$546,844
RealtyHop Estimate
65.76%
Since Nov 1, 2016
MA-Boston
Primary Model

About This Property

North side of Framingham. Great location, neighborhood and value. Two miles to Mass Pike and Malls. Half mile to YMCA and Super Stop&Shop. This house has solid bones but needs some TLC. Hardwood floors are hidden under the wall to wall carpet. Newer replacement windows. Updated kitchen with tile floors with back door leading to the deck. Updated bathroom with tile floors. It won't take much to bring this house back to its former glory. All appliances included in the sale. Town water and sewer.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$194
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1957

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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 #72018580)

Price History

Date / Event Date Event Price
Oct 28, 2016 Sold
Premium
Sold
Jun 7, 2016 Listed by RE/MAX Executive Realty $329,900
Listed by RE/MAX Executive Realty

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,104
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,818
  • Total Building Area: 1,150
  • Gross Building Area: 2,860
  • Building Area: 1,150
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,150
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000432
  • 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_681456_2937303
  • Parcel: FRAM M:082 B:17 L:4350 U:000
  • Block: 17
  • Lot: 4350
  • Municipality: FRAMINGHAM
  • Latitude: 42.3081
  • Longitude: -71.4065

    Address

  • Full Address: 16 Cherry Rd
  • Address - House Number: 16
  • Address - Street Name: Cherry
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C017
  • 4-Digit Zip Code: 7823
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $623,600

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 566,679
  • High Value: 670,849
  • Low Value: 462,509

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $500,500
  • Assessed Land Value: $241,100
  • Assessed Improvements Value: $259,400

    Sales

  • Current Sale Recording Date: Oct 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 193603
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

2074 ft²

Average Home Age

63 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

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72018580

Frequently Asked Questions

When was property at 16 Cherry Road built and last sold?
The property at 16 Cherry Road was built in 1957 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 16 Cherry Road is $347,648.
What are some comparable homes to 16 Cherry Road?
There are currently no comparable homes to 16 Cherry Road.
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