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Framingham 01702
2 Cedar Place
$390,000
● House - Off Market

2 Cedar Place

Framingham, MA 01702
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,482 Ft²
$437,930
RealtyHop Estimate
9.76%
Since Feb 1, 2022
MA-Boston
Primary Model

About This Property

Move right into this lovely home! Excellent location! Home features 2 bedrooms, living room, kitchen, full bathroom, full finished basement (board foam insulation), washer, dryer and shed are included a new water heater tank, new roof, private back yard..... Move in and Enjoy!
Unit Size
1,482 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$269
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1907

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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 #72910167)

Price History

Date / Event Date Event Price
Jan 18, 2022 Sold
Premium
Sold
Oct 19, 2021 Listed by Pablo Maia Realty $399,000
Listed by Pablo Maia Realty
Sep 29, 2017 Sold
Premium
Sold
Aug 2, 2017 Listed by Pablo Maia Realty $260,000
Listed by Pablo Maia Realty
Sep 23, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 494
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,752
  • Total Building Area: 1,091
  • Gross Building Area: 1,898
  • Building Area: 1,091
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,091
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • 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_677601_2924172
  • Parcel: FRAM M:134 B:74 L:6107 U:000
  • Block: 74
  • Lot: 6107
  • Municipality: FRAMINGHAM
  • Latitude: 42.2721
  • Longitude: -71.4206

    Address

  • Full Address: 2 Cedar Pl
  • Address - House Number: 2
  • Address - Street Name: Cedar
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Framingham
  • Carrier Code: C073
  • 4-Digit Zip Code: 6929
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $455,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 436,931
  • High Value: 521,205
  • Low Value: 352,657

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $365,400
  • Assessed Land Value: $178,800
  • Assessed Improvements Value: $186,600

    Sales

  • Current Sale Contract Date: Jan 18, 2022
  • Current Sale Recording Date: Jan 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9388
  • Previous Sale Recording Date: Sep 29, 2017
  • Previous Sale Amount: $260,000
  • 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

$365

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1967 ft²

Average Home Age

59.7 years

Currently For Sale

115 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72910167

Frequently Asked Questions

When was property at 2 Cedar Place built and last sold?
The property at 2 Cedar Place was built in 1907 and last sold on Jan 18, 2022 for $390,000.
How much is this home worth?
The estimated value of the home located at 2 Cedar Place is $408,995.
What are some comparable homes to 2 Cedar Place?
There are currently no comparable homes to 2 Cedar Place.
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