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Framingham 01701
188 Summer Street
$332,500
● House - Off Market

188 Summer Street

Framingham, MA 01701
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,360 Ft²
$582,681
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Beautifully updated  2+ bedroom cape in handy location close to everything.   This home has numerous updates including new bathroom, deck, roof, heating system, windows,  and updated kitchen, making it truly move in ready.  The kitchen has granite counters and stainless steel appliances, and a breakfast bar opening to living room, giving the first floor an open feel.  The hardwood floors are in excellent condition,  the formal dining room can easily be a third bedroom if needed. The finished lower level room makes for great kids play area/ family room.  A nice fenced in yard,  entertainment size deck,  and large patio area out back makes this home complete.  Come see!
Unit Size
1,360 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$257
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1950

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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 #72044238)

Price History

Date / Event Date Event Price
Sep 19, 2016 Sold
Premium
Sold
Jul 27, 2016 Listed by Realty Executives $349,900
Listed by Realty Executives
Jul 16, 2013 Sold
Premium
Sold
May 22, 2013 Listed by Realty Executives $274,900
Listed by Realty Executives
Sep 15, 2010 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 720
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,750
  • Total Building Area: 1,080
  • Gross Building Area: 2,780
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEACONFIELDS
  • Land Acres: 0000000132
  • 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_680366_2937658
  • Parcel: FRAM M:081 B:07 L:3665 U:000
  • Block: 7
  • Lot: 3665
  • Municipality: FRAMINGHAM
  • Latitude: 42.3091
  • Longitude: -71.4106

    Address

  • Full Address: 188 Summer St
  • Address - House Number: 188
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C017
  • 4-Digit Zip Code: 4414
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $595,300

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 564,449
  • High Value: 668,209
  • Low Value: 460,689

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $477,800
  • Assessed Land Value: $229,200
  • Assessed Improvements Value: $248,600

    Sales

  • Current Sale Recording Date: Sep 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 164496
  • Previous Sale Recording Date: Jul 16, 2013
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: O
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

$363

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2076 ft²

Average Home Age

62.4 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# 72044238

Frequently Asked Questions

When was property at 188 Summer Street built and last sold?
The property at 188 Summer Street was built in 1950 and last sold on Jan 1, 1970 for $332,500.
How much is this home worth?
The estimated value of the home located at 188 Summer Street is $358,514.
What are some comparable homes to 188 Summer Street?
There are currently no comparable homes to 188 Summer Street.
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