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Framingham 01701
16 Lomas Drive
Photo of 16 Lomas Drive
Sold on Jan 25, 2008

1

Map

$369,000
● House - Off Market

16 Lomas Drive

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,816 Ft²
$736,918
RealtyHop Estimate
99.71%
Since Feb 1, 2008
MA-Boston
Primary Model

About This Property

Great Opportunity to live on a cul-de-sac in a quiet No. Framingham neighborhood! Pristine 7 room 3 bedroom, 1 1/2 bath split set on a wooded, private lot. Many special features: Central Air, Alarm system, Underground Sprinkler system, 2 car garage, vinyl siding. Fireplaced family room. Beautifully updated kitchen and bath. Recently replaced roof, newer furnace and slider to deck. All appliances and window treatments! Move right in for the holidays! Shows impeccably!Showings begin Sat. 11/17/07
Unit Size
1,816 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$203
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1972

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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 #70677710)

Price History

Date / Event Date Event Price
Jan 25, 2008 Sold
Premium
Sold
Nov 14, 2007 Listed $369,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1976
  • 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: 41
  • 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: 6
  • Basement Area: 1,080
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,212
  • Gross Building Area: 2,860
  • Building Area: 1,212
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,212
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383903

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_674012_2943354
  • Parcel: FRAM M:047 B:43 L:0315 U:000
  • Block: 43
  • Lot: 315
  • Municipality: FRAMINGHAM
  • Latitude: 42.3247
  • Longitude: -71.434

    Address

  • Full Address: 16 Lomas Dr
  • Address - House Number: 16
  • Address - Street Name: Lomas
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C039
  • 4-Digit Zip Code: 3951
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $716,900

    Appraisal Valuation

  • Standard Deviation: 0.1536
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 690,857
  • High Value: 797,014
  • Low Value: 584,701

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $575,400
  • Assessed Land Value: $243,800
  • Assessed Improvements Value: $331,600

    Sales

  • Current Sale Recording Date: Jan 25, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00012350
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70677710

Frequently Asked Questions

When was property at 16 Lomas Drive built and last sold?
The property at 16 Lomas Drive was built in 1972 and last sold on Jan 1, 1970 for $369,000.
How much is this home worth?
The estimated value of the home located at 16 Lomas Drive is $388,861.
What are some comparable homes to 16 Lomas Drive?
There are currently no comparable homes to 16 Lomas Drive.
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