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Framingham 01702
197 Winthrop St
$495,000
● House - Off Market

197 Winthrop St

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,267 Ft²
$536,068
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

Custom built ranch featuring an oversized fireplace living room, generous size bedrooms + closets and a 4-room finished lower-level ideal for an extended family. Newer heating, hot water, c/a, roof and vinyl siding plus replacement windows. Professional landscaped exterior along with a fenced yard and garage parking make this a Must See! Easy access to the train to Boston and walking distance to area parks. Hardwood floors under the carpet.
Unit Size
2,267 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$221
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
1957

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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: 5 months ago (MLSPIN #73036770)

Price History

Date / Event Date Event Price
Nov 23, 2022 Sold
Premium
Sold
Oct 4, 2022 In contract -
In contract
Sep 14, 2022 Listed by Realty Executives $499,900
Listed by Realty Executives
Aug 11, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,301
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,301
  • Gross Building Area: 3,121
  • Building Area: 1,301
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,301
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383200

Zoning

  • Zoning: G

Geography

  • Account Number: F_675837_2923604
  • Parcel: FRAM M:140 B:53 L:8630 U:000
  • Block: 53
  • Lot: 8630
  • Municipality: FRAMINGHAM
  • Latitude: 42.2705
  • Longitude: -71.4273

    Address

  • Full Address: 197 Winthrop St
  • Address - House Number: 197
  • Address - Street Name: Winthrop
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C004
  • 4-Digit Zip Code: 8547
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $616,000

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 550,314
  • High Value: 652,023
  • Low Value: 448,605

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $494,400
  • Assessed Land Value: $180,800
  • Assessed Improvements Value: $313,600

    Sales

  • Current Sale Contract Date: Nov 22, 2022
  • Current Sale Recording Date: Nov 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 172567
  • Previous Sale Recording Date: Mar 13, 2007
  • Previous Sale Document Type: 27
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:

$677,397

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2047 ft²

Average Home Age

60.5 years

Currently For Sale

126 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: 5 months ago
Data Source: MLS PIN, MLS# 73036770

Frequently Asked Questions

When was property at 197 Winthrop Street built and last sold?
The property at 197 Winthrop Street was built in 1957 and last sold on Nov 22, 2022 for $495,000.
How much is this home worth?
The estimated value of the home located at 197 Winthrop Street is $521,971.
What are some comparable homes to 197 Winthrop Street?
There are currently no comparable homes to 197 Winthrop Street.
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