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Framingham 01701
196 Beacon Street
$445,000
● House - Off Market

196 Beacon Street

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,634 Ft²
$686,527
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

MOVE IN READY... Extensively remodeled and spacious single family home with open floor plan and central air, set on a landscaped corner lot, convenient for commuters and the Natick Mall, restaurants, shops and movie theaters. Remodeled chef's kitchen with stainless and granite (GE Profile and GE Monogram appliances) and two designer baths. Elevated rear deck and detached, insulated garage. Many updates--approximately $50,000 in improvements since 2014 purchase--including: new gas hot water boiler and hot water heater, newly paved driveway, extensive insulation, and finished basement with two large living spaces. Other features include vintage wood inlay in dining area; recessed lighting throughout on dimmers; high ceilings; replacement windows; 200 amp electrical. Oversized new Samsung washer/dryer.
Unit Size
1,634 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$269
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1927

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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 #72233412)

Price History

Date / Event Date Event Price
Nov 15, 2017 Sold
Premium
Sold
Sep 24, 2017 Listed by Boston Town Properties $439,000
Listed by Boston Town Properties
Feb 28, 2014 Sold
Premium
Sold
Jan 7, 2014 Listed by Boston Town Properties $399,900
Listed by Boston Town Properties
May 30, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • 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: 759
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,275
  • Total Building Area: 1,341
  • Gross Building Area: 2,417
  • Building Area: 1,341
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,341
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000167
  • 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_680359_2936340
  • Parcel: FRAM M:081 B:06 L:3354 U:000
  • Block: 6
  • Lot: 3354
  • Municipality: FRAMINGHAM
  • Latitude: 42.3054
  • Longitude: -71.4105

    Address

  • Full Address: 196 Beacon St
  • Address - House Number: 196
  • Address - Street Name: Beacon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C060
  • 4-Digit Zip Code: 4962
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $763,800

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 671,377
  • High Value: 791,243
  • Low Value: 551,512

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $613,000
  • Assessed Land Value: $230,600
  • Assessed Improvements Value: $382,400

    Sales

  • Current Sale Recording Date: Nov 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 186022
  • Previous Sale Recording Date: Feb 28, 2014
  • Previous Sale Amount: $390,000
  • 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# 72233412

Frequently Asked Questions

When was property at 196 Beacon Street built and last sold?
The property at 196 Beacon Street was built in 1927 and last sold on Jan 1, 1970 for $445,000.
How much is this home worth?
The estimated value of the home located at 196 Beacon Street is $451,255.
What are some comparable homes to 196 Beacon Street?
There are currently no comparable homes to 196 Beacon Street.
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