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Framingham 01701
21 Lancaster Drive
Photo of 21 Lancaster Drive
Sold on May 27, 2005

1

Map

$425,000
● House - Off Market

21 Lancaster Drive

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,940 Ft²
$750,189
RealtyHop Estimate
76.56%
Since Jun 1, 2005
MA-Boston
Primary Model

About This Property

Lovely 8 room home in mint, move-in condition!  Sq. ft. includes 2 finished rooms in basement, 2 cedar storage closets.  Just finished hardwood floors livingroom, diningroom, cathedral ceiling, new w/w berber master bedroom,  steps, familyroom & office.  Bright, sunny spacious home, many recently painted rooms!  Show and sell!
Unit Size
1,940 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$219
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70172653)

Price History

Date / Event Date Event Price
May 31, 2005 Sold
Premium
Sold
Apr 13, 2005 Listed $424,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 2
  • Basement Area: 1,128
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,433
  • Total Building Area: 1,200
  • Gross Building Area: 2,775
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000515
  • 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_677915_2947067
  • Parcel: FRAM M:027 B:77 L:9016 U:000
  • Block: 77
  • Lot: 9016
  • Municipality: FRAMINGHAM
  • Latitude: 42.3347
  • Longitude: -71.4198

    Address

  • Full Address: 21 Lancaster Dr
  • Address - House Number: 21
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C054
  • 4-Digit Zip Code: 3215
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $668,900

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 630,800
  • High Value: 740,351
  • Low Value: 521,250

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $536,800
  • Assessed Land Value: $244,400
  • Assessed Improvements Value: $292,400

    Sales

  • Current Sale Recording Date: May 31, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00109447
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

2069 ft²

Average Home Age

62.9 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# 70172653

Frequently Asked Questions

When was property at 21 Lancaster Drive built and last sold?
The property at 21 Lancaster Drive was built in 1962 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 21 Lancaster Drive is $444,663.
What are some comparable homes to 21 Lancaster Drive?
There are currently no comparable homes to 21 Lancaster Drive.
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