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Framingham 01701
2 Colonial Dr
$515,000
● House - Off Market

2 Colonial Dr

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,780 Ft²
$945,183
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Gorgeous garrison colonial in spectacular cul-de-sac neighborhood on the Sudbury line, right next to Garden in the Woods. Brand new layout with open concept. New kitchen w/ island, stainless appliances & granite counter tops. All baths newly renovated with tile and marble. New & refinished floors throughout. New paint & light fixtures throughout. New Vinyl thermal windows, Vinyl Siding, Garage doors, and Front Door. Architectural Roof & Central Air. Ready for immediate occ.
Unit Size
2,780 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$180
Property Type
House
Property Taxes
$568
HOA Dues
-
Year Built
1972

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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 #71549168)

Price History

Date / Event Date Event Price
Aug 20, 2013 Sold
Premium
Sold
Jun 29, 2013 Listed by ZipRealty, Inc $499,000
Listed by ZipRealty, Inc
Dec 28, 2012 Sold
Premium
Sold
Jun 23, 2012 Listed by ZipRealty, Inc $324,900
Listed by ZipRealty, Inc
Nov 2, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Basement Area: 252
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,170
  • Total Building Area: 2,579
  • Gross Building Area: 3,555
  • Building Area: 2,579
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,579
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHALAIS
  • Land Acres: 0000000486
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383904

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_676481_2950441
  • Parcel: FRAM M:010 B:60 L:4484 U:000
  • Block: 60
  • Lot: 4484
  • Municipality: FRAMINGHAM
  • Latitude: 42.3441
  • Longitude: -71.4249

    Address

  • Full Address: 2 Colonial Dr
  • Address - House Number: 2
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C048
  • 4-Digit Zip Code: 2615
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $907,200

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 884,924
  • High Value: 1,038,608
  • Low Value: 731,240

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $728,100
  • Assessed Land Value: $243,200
  • Assessed Improvements Value: $484,900

    Sales

  • Current Sale Recording Date: Aug 20, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000018
  • Previous Sale Recording Date: Dec 28, 2012
  • Previous Sale Amount: $272,000
  • 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

$364

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2074 ft²

Average Home Age

63 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71549168

Frequently Asked Questions

When was property at 2 Colonial Drive built and last sold?
The property at 2 Colonial Drive was built in 1972 and last sold on Jan 1, 1970 for $515,000.
How much is this home worth?
The estimated value of the home located at 2 Colonial Drive is $520,338.
What are some comparable homes to 2 Colonial Drive?
There are currently no comparable homes to 2 Colonial Drive.
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