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Framingham 01701
2 Aleda Street
$350,500
● House - Off Market

2 Aleda Street

Framingham, MA 01701
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
704 Ft²
$451,213
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Welcome to 2 Aleda Street in North Framingham. Located on a quiet ended way and a neighborhood of well kept homes, this adorable ranch/cottage has 2 bedrooms, 1.5 baths and a basement with utility room, half bath and family room with gas stove. Large living room, enclosed front entry porch and kitchen with eating area overlooking deck and a private, well-landscaped back yard. First floor full bath is large enough to accommodate washer and dryer. Private back yard includes a brick patio and  2 sheds. 1 car over sized garage now being used as an office can easily be converted back. Conveniently located with access to major highways. This home is truly an Amazing Value.  American Home Shield warranty available
Unit Size
704 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$483
Property Type
House
Property Taxes
$312
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: 5 months ago (MLSPIN #72687854)

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold
Premium
Sold
Jul 8, 2020 Listed by Congress REALTORS® $339,900
Listed by Congress REALTORS®
Sep 18, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • 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: 704
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 704
  • Gross Building Area: 2,838
  • Building Area: 704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 704
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383800

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_684847_2944249
  • Parcel: FRAM M:041 B:44 L:8244 U:000
  • Block: 44
  • Lot: 8244
  • Municipality: FRAMINGHAM
  • Latitude: 42.3272
  • Longitude: -71.394

    Address

  • Full Address: 2 Aleda St
  • Address - House Number: 2
  • Address - Street Name: Aleda
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C041
  • 4-Digit Zip Code: 3514
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $506,400

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 476,451
  • High Value: 558,868
  • Low Value: 394,035

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $406,400
  • Assessed Land Value: $227,200
  • Assessed Improvements Value: $179,200

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 143908
  • Previous Sale Recording Date: Sep 18, 1995
  • Previous Sale Amount: $100,000
  • 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:

$675,000

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2054 ft²

Average Home Age

60.5 years

Currently For Sale

120 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# 72687854

Frequently Asked Questions

When was property at 2 Aleda Street built and last sold?
The property at 2 Aleda Street was built in 1927 and last sold on Aug 21, 2020 for $350,500.
How much is this home worth?
The estimated value of the home located at 2 Aleda Street is $340,624.
What are some comparable homes to 2 Aleda Street?
There are currently no comparable homes to 2 Aleda Street.
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