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Framingham 01701
2 Temi Rd
$550,000
● House - Off Market

2 Temi Rd

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,527 Ft²
$580,383
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

New Listing !!! Move Right Into This Meticulous Maintained Ranch Located in a Fantastic Neighborhood in North Framingham and Situated on a Well Manicured Semi- Fenced Lot. This Beautiful 3 Bedroom, 1 1/2 Baths Open Floor Plan Ranch Features: HUGE Family Room w/ Cathedral Ceilings & Sky Lights , Living Room w/ Fireplace & Beautiful Bay Window, Dinning Area &  Eat-In Kitchen Great for Entertaining. This Lovely Home Also Boasts Many Updates Throughout the Years & Conveniently Has Town Water & Sewer.  *** Easy to show***
Unit Size
1,527 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$360
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1959

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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 #73018009)

Price History

Date / Event Date Event Price
Sep 28, 2022 Sold
Premium
Sold
Jul 27, 2022 Listed by William Raveis R.E. & Home Services $550,000
Listed by William Raveis R.E. & Home Services
Apr 23, 2018 Sold
Premium
Sold
Mar 13, 2018 Listed by William Raveis R.E. & Home Services $399,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,952
  • Total Building Area: 1,527
  • Gross Building Area: 2,115
  • Building Area: 1,527
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,527
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000481
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_681841_2947578
  • Parcel: FRAM M:029 B:17 L:8547 U:000
  • Block: 17
  • Lot: 8547
  • Municipality: FRAMINGHAM
  • Latitude: 42.3364
  • Longitude: -71.4051

    Address

  • Full Address: 2 Temi Rd
  • Address - House Number: 2
  • Address - Street Name: Temi
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C054
  • 4-Digit Zip Code: 3345
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $685,400

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 695,763
  • High Value: 810,232
  • Low Value: 581,294

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $550,100
  • Assessed Land Value: $243,000
  • Assessed Improvements Value: $307,100

    Sales

  • Current Sale Contract Date: Sep 28, 2022
  • Current Sale Recording Date: Sep 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 146707
  • Previous Sale Recording Date: Apr 23, 2018
  • Previous Sale Amount: $415,500
  • 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

2048 ft²

Average Home Age

61 years

Currently For Sale

138 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# 73018009

Frequently Asked Questions

When was property at 2 Temi Road built and last sold?
The property at 2 Temi Road was built in 1959 and last sold on Sep 28, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 2 Temi Road is $551,593.
What are some comparable homes to 2 Temi Road?
There are currently no comparable homes to 2 Temi Road.
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