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Framingham 01702
2 Macdonald Lane
$438,200
● House - Off Market

2 Macdonald Lane

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
999,999 Ft²
$1,168,865
RealtyHop Estimate
165.71%
Since Feb 1, 2002
National-US
Primary Model

About This Property

WOODCREST ACRES GREAT COL.W/ATTCHD CATH CEIL FAM RM,2C GAR, HDWD FLRS,NEW ROOF BEAUT FENCED YD.NEWLY UPDATED UPSTAIRS, BTHS,NEW KITCHEN FLR. EXT. FRESHLY PTD. LRG. LOWER LEVEL REC RM.WORKSHOP.OVER 2800 SF LIV SP INCL BSMT.RCN! 2 TIERED DECK
Unit Size
999,999 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$0
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1973

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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 years ago (MLSPIN #30557695)

Price History

Date / Event Date Event Price
Jan 7, 2021 Sold
Premium
Sold
Nov 11, 2020 Listed by ERA Key Realty Services- Fram $609,900
Listed by ERA Key Realty Services- Fram
Jan 15, 2002 Sold
Premium
Sold
Nov 1, 2001 Listed by ERA Key Realty Services- Fram $439,900
Listed by ERA Key Realty Services- Fram

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,268
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Total Building Area: 2,256
  • Gross Building Area: 4,624
  • Building Area: 2,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODCREST ACRES SEC 04
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 384003

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_667805_2927508
  • Parcel: FRAM M:124 B:77 L:8500 U:000
  • Block: 77
  • Lot: 8500
  • Municipality: FRAMINGHAM
  • Latitude: 42.2813
  • Longitude: -71.457

    Address

  • Full Address: 2 Macdonald Ln
  • Address - House Number: 2
  • Address - Street Name: Macdonald
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Framingham
  • Carrier Code: R002
  • 4-Digit Zip Code: 6159
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $835,200

    Appraisal Valuation

  • Standard Deviation: 0.1568
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 769,727
  • High Value: 890,474
  • Low Value: 648,979

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $670,300
  • Assessed Land Value: $256,200
  • Assessed Improvements Value: $414,100

    Sales

  • Current Sale Contract Date: Jan 02, 2021
  • Current Sale Recording Date: Jan 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4178
  • Previous Sale Recording Date: Jan 15, 2002
  • Previous Sale Amount: $438,200
  • 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

54

Average Home Size

2075 ft²

Average Home Age

63.2 years

Currently For Sale

136 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 years ago
Data Source: MLS PIN, MLS# 30557695

Frequently Asked Questions

When was property at 2 Macdonald Lane built and last sold?
The property at 2 Macdonald Lane was built in 1973 and last sold on Jan 2, 2021 for $635,000.
How much is this home worth?
The estimated value of the home located at 2 Macdonald Lane is $0.
What are some comparable homes to 2 Macdonald Lane?
There are currently no comparable homes to 2 Macdonald Lane.
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