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Framingham 01701
18 Lanewood Ave
$505,000
● House - Off Market

18 Lanewood Ave

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,188 Ft²
$761,145
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Wonderful sun filled raised ranch in desirable Pheasant Hill neighborhood with added 4 season sunroom, formal oversized living room with fireplace and covered hardwood flooring, opens to dining room and super size sunroom with gleaming hardwood floors, recess lights, skylight, vaulted ceiling and overlooking the lovely level private lot, sundeck ready for summer grilling, eat-in kitchen was updated in 2015 with Maple cabinets & granite counters (all appliances to stay) - it features vaulted ceiling, hardwood floors and skylights, 3 bedrooms- all hardwood flooring (one bedroom is covered), private  semi updated master bath with stall shower, 1st floor offers 2nd fireplace family room plus office room-great storage and sliders to covered patio space. Gas heat, central AC, vinyl siding-Must see-
Unit Size
2,188 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$228
Property Type
House
Property Taxes
$520
HOA Dues
-
Year Built
1966

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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 #72303836)

Price History

Date / Event Date Event Price
May 31, 2018 Sold
Premium
Sold
Apr 5, 2018 Listed by Coldwell Banker Residential Brokerage - Framingham $499,900
Listed by Coldwell Banker Residential Brokerage - Framingham

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,204
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Total Building Area: 1,248
  • Gross Building Area: 3,040
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    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: 383902

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_660795_2939025
  • Parcel: FRAM M:064 B:09 L:7092 U:000
  • Block: 9
  • Lot: 7092
  • Municipality: FRAMINGHAM
  • Latitude: 42.3128
  • Longitude: -71.4827

    Address

  • Full Address: 18 Lanewood Ave
  • Address - House Number: 18
  • Address - Street Name: Lanewood
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Framingham
  • Carrier Code: C056
  • 4-Digit Zip Code: 3655
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $830,500

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 748,215
  • High Value: 863,347
  • Low Value: 633,084

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $666,500
  • Assessed Land Value: $280,200
  • Assessed Improvements Value: $386,300

    Sales

  • Current Sale Recording Date: May 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77480
  • Previous Sale Recording Date: Jul 08, 1977
  • Previous Sale Document Type: 34
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

2048 ft²

Average Home Age

61 years

Currently For Sale

138 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# 72303836

Frequently Asked Questions

When was property at 18 Lanewood Avenue built and last sold?
The property at 18 Lanewood Avenue was built in 1966 and last sold on Jan 1, 1970 for $505,000.
How much is this home worth?
The estimated value of the home located at 18 Lanewood Avenue is $522,080.
What are some comparable homes to 18 Lanewood Avenue?
There are currently no comparable homes to 18 Lanewood Avenue.
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