$561,000
●
Multifamily -
Off Market
185 Danforth St
Framingham, MA 01701
4 Beds
3 Baths
2,292 Ft²
$729,985
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model
About This Property
Desirable Saxonville location and not far from Saxonville Beach.
Great commuter location near MA Pike, route 9 and route 126.
Parking- 2 spaces for each unit. Roof replaced 2012.
Low maintenace exterior with aluminum siding.
Replacement windows (2006). Deck entrances have been rebuilt
& 2 have low maintenace vinyl railings (2019). Unit
appliances are newer and hot water tanks have been replaced.
A wonderful spot for owner occupied or investors.
Current rents are under market and unit 1 rent is projected.
Unit Size
2,292 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$240
Property Type
Multifamily
Property Taxes
$599
HOA Dues
-
Year Built
1883
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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: 5 years ago (MLSPIN #72673059)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2020 | Sold | ||
| Sold | |||
| Jun 12, 2020 | Listed by Realty Executives Boston West | $549,900 | |
| Listed by Realty Executives Boston West | |||
Property Highlights
Parking Details
Parking Features: Paved
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Bathroom With Tub & Shower, Internet Available - Fiber-Optic), Unit 2(Internet Available - Fiber-Optic), Unit 3(Storage, Bathroom With Tub & Shower, Internet Available - Fiber-Optic), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range
Flooring Type: Vinyl, Carpet, Laminate, Hardwood, Wall to Wall Carpet, Unit 1(undefined), Unit 2(Hardwood Floors, Wall to Wall Carpet), Unit 3(Hardwood Floors)
Rooms: 10
Basement: Bulkhead, Unfinished
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate, Renovated Since
PropertySubType: 3 Family
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Insulated Windows
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Features: Corner Lot, Level
Lot Size Area: 0.25
Lot Size Units: Acres
Lot Size Acres: 0.25
Zoning: R-1
Parcel Number: M:051 B:53 L:4767 U:000, 496541
Water Source: Public
Financial Details
Tax Assessed Value: $479,900
Tax Annual Amount: $7,189
Utilities Details
Utilities: for Gas Range
Cooling Type: Unit 3(None)
Heating Type: Unit 1(Forced Air, Gas, Unit Control), Unit 2(Forced Air, Gas), Unit 3(Hot Water Radiators, Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/12/2020
| |
4 Bed
|
3 Bath
|
2292 ft²
|
$549,900
4 Bed
3 Bath
2292 ft²
|
$561,000
+2.02%
08/03/2020
|
Rob Daly
Realty Executives Boston West
|
Building Info
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