$515,000
●
House -
Off Market
16 Spring St
Framingham, MA 01702
3 Beds
1 Bath
1,260 Ft²
$484,782
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model
About This Property
Perfect setting for this storybook cape. Wonderful commuter
location, moments to RT. 9, MA Pike, Public Transit. Set in nice
quiet neighborhood right near Framingham State University. 2
Bedrooms upstairs. (a 3rd bedroom on 1st floor is being used as
dining room). Kitchen opens to dining room Beautiful updates
include updated kitchen with Corian countertops, pretty Hickory
cabinets, new floor, Brand new stainless anppliances and newer high
velocity vent for cooking. Updated full bathroom. Home
has newer roof, NEWER NATURAL GAS heating system, newer windows,
all neutral paint and great hardwood floors on both levels. Huge
living room with fireplace. Spacious/ private deck overlooks
a very large wooded fenced back yard that abutts conservation land.
Home has detached one car garage plus driveway offering
additional off street parking.. Full unfinished basement. Nice
neighborhood, great location, affordable price make this home a
dream. Open house Sat/Sun August 19 & 20, 12PM-2PM
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$389
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1960
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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 #73149515)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Aug 21, 2023 | In contract | - | |
| In contract | |||
| Aug 17, 2023 | Listed by RE/MAX Executive Realty | $489,900 | |
| Listed by RE/MAX Executive Realty | |||
| | |||
|
Perfect setting for this storybook cape. Wonderful commuter location, moments to RT. 9, MA Pike, Public Transit. Set in nice quiet neighborhood right near Framingham State University. 2 Bedrooms upstairs. (a 3rd bedroom on 1st floor is being used as dining room). Kitchen opens to dining room Beautiful updates include updated kitchen with Corian countertops, pretty Hickory cabinets, new floor, Brand new stainless anppliances and newer high velocity vent for cooking. Updated full bathroom. Home has newer roof, NEWER NATURAL GAS heating system, newer windows, all neutral paint and great hardwood floors on both levels. Huge living room with fireplace. Spacious/ private deck overlooks a very large wooded fenced back yard that abutts conservation land. Home has detached one car garage plus driveway offering additional off street parking.. Full unfinished basement. Nice neighborhood, great location, affordable price make this home a dream. Open house Sat/Sun August 19 & 20, 12PM-2PM
| |||
| Oct 9, 2013 | Sold | ||
| Sold | |||
| Jan 2, 2013 | Listed by RE/MAX Executive Realty | $219,900 | |
| Listed by RE/MAX Executive Realty | |||
| | |||
|
Wonderful commuter location, moments to RT. 9, MA Pike, T~ AND it's at end of quiet side street. Set in nice neighborhood near Framingham State. Newer kitchen featuring beautiful cabinets, corian counter tops. Hardwd flrs throughout. Living rm w/ fireplace. 2 bdrms up w/ updated full bthrm. Detach garage w/ elec opener. Spacious/ private deck overlooks a lrge wooded back yard that abutts conservation land. Full unfinished basement, plenty of space for fitness equipment, laundry, storage.
| |||
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Property Highlights
Garage
Parking Available
Fireplace
Building Info
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