$745,000
●
Condo -
Off Market
196 Riverpath Drive #196
Framingham, MA 01701
3 Beds
2 Baths,
1
Half Bath
2,422 Ft²
$1,080,091
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model
About This Property
Detached/Single Family Style Condo located in the highly coveted
Lower Riverpath area in the Montage Development surrounded by
conservation land is a MUST SEE. This 3 Bedroom, 2.5 bath
Condo with additional square footage of framed and plumbed bonus
space has all the bells and whistles of a single family home,
without the headaches. Gourmet Kitchen with Off White
Cabinets, Quartz Counter Tops, upgraded Stainless Steel Appliances
that opens up to a large Family/Living room with gorgeous custom
shelves that anchor a built in Gas Fireplace and a separate dining
area. This Home was built for Entertaining. Off the
Main Level is a spacious Deck with a Gas Grill and plenty of room
for outdoor dining/entertaining. The upstairs level has 3
spacious bedrooms, as well as a laundry room, and loft style
sitting area. The Lower Level has been framed and plumbed for
future expansion (approx 1000 square feet) which could be used for
a Family Room, Bedroom, Office/Workout Space.
Unit Size
2,422 Ft²
Days on Market
-
Land Size
-
Price per sqft
$312
Property Type
Condo
Property Taxes
$755
HOA Dues
$518
Year Built
2015
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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 months ago (MLSPIN #72535542)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2019 | Sold | ||
| Sold | |||
| Jul 17, 2019 | Listed by Realty Executives Boston West | $754,900 | |
| Listed by Realty Executives Boston West | |||
| | |||
|
Detached/Single Family Style Condo located in the highly coveted Lower Riverpath area in the Montage Development surrounded by conservation land is a MUST SEE. This 3 Bedroom, 2.5 bath Condo with additional square footage of framed and plumbed bonus space has all the bells and whistles of a single family home, without the headaches. Gourmet Kitchen with Off White Cabinets, Quartz Counter Tops, upgraded Stainless Steel Appliances that opens up to a large Family/Living room with gorgeous custom shelves that anchor a built in Gas Fireplace and a separate dining area. This Home was built for Entertaining. Off the Main Level is a spacious Deck with a Gas Grill and plenty of room for outdoor dining/entertaining. The upstairs level has 3 spacious bedrooms, as well as a laundry room, and loft style sitting area. The Lower Level has been framed and plumbed for future expansion (approx 1000 square feet) which could be used for a Family Room, Bedroom, Office/Workout Space.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Storage, Off Street
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum, Finish - Sheetrock
Appliances: Oven, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range Hood, Cooktop, Range, Plumbed For Ice Maker
Flooring Type: Wood, Carpet, Hardwood
Door Features: Insulated Doors
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup, Second Floor
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Square Footage: 2422
Security Features: Security System
Year Built Source: Public Records
Year Built: 2016
Waterfront Features: Lake/Pond, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Building Name: Montage At Danforth Green
Building Area Total: 2422
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Patio
Pool is Private
Lot Size Units: Acres
Tax Lot: 4088
Water Source: Public
Financial Details
Tax Map Number: 041
Tax Assessed Value: $589,000
Tax Annual Amount: $9,063
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance, Reserve Funds
HOA Fee: $518
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
07/17/2019
|
3 Bed
|
3 Bath
|
2422 ft²
|
$754,900
3 Bed
3 Bath
2422 ft²
|
$745,000
-1.31%
09/19/2019
|
Jason Tyler
Realty Executives Boston West
| |
|
06/17/2015
| |
3 Bed
|
3 Bath
|
2422 ft²
|
$609,900
3 Bed
3 Bath
2422 ft²
|
$665,250
+9.08%
02/23/2016
|
Alison Miceli
Prime Time Communities - Hanson
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017