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$101,200
● Condo - Off Market

2 Universal #8

Framingham, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
750 Ft²
$178,791
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

This 2-Bedroom unit located in desirable Century Estates provides a fantastic opportunity for either investors or owner-occupants! Located just minutes from shopping and MBTA Commuter Rail, the well-maintained complex features an in-ground pool, tennis courts, playgrounds and common recreational areas. Laundry and storage facilities are available within the building. Professional property management is also available. Unit has long-term tenants-at-will in place who would like to stay on. Act fast and don't miss it!!
Unit Size
750 Ft²
Days on Market
-
Land Size
-
Price per sqft
$132
Property Type
Condo
Property Taxes
$112
HOA Dues
$369
Year Built
-

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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 #71781714)

Price History

Date / Event Date Event Price
Apr 6, 2015 Sold
Premium
Sold
Jan 7, 2015 Listed by eXp Realty $98,900
Listed by eXp Realty

Property Highlights

Air Conditioning
Parking Available
Interior Details
Level: First
Features: Flooring - Stone/Ceramic Tile, Dining Area
Level: First
Features: Closet, Flooring - Wall to Wall Carpet
Features: Closet, Flooring - Wall to Wall Carpet
Level: First
Level: First
Features: Flooring - Wall to Wall Carpet, Cable Hookup
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Freezer, Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Tile, Carpet
Laundry Features: Common Area, In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Assigned, Common
Exterior Details
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Century Estates
Structure Type: Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: RES
Parcel Number: 507797
Water Source: Public
Financial Details
Tax Assessed Value: $73,600
Tax Annual Amount: $1,346
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: Wall Unit(s)
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Tennis Court(s), Playground, Recreation Facilities, Storage
Association Fee Frequency: Monthly
HOA Fee: $369
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Medical Facility, Highway Access, House of Worship, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71781714
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