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Framingham 01702
224 Walnut St
$530,000
● House - Off Market

224 Walnut St

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,090 Ft²
$484,279
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Cottage Style Ranch with 3 Bedrooms and 1.5 bathrooms.   Many recent updates include gas furnace, central ac, new vinyl siding and Solar! Large Eat in kitchen with stainless steel appliances and kitchen island.  Living room with cathedral ceilings and tons of natural light.  Harwood flooring runs throughout the  living room and the 3 generously sized bedrooms!  Both bathrooms have been recently updated.  Large driveway for guest to park as they come over to  enjoy the nice sized lot and backyard patio!  All this plus a fantastic location.  Located close to Bowditch Field, Framingham Commuter Station and routes 9,30,90 and 126.
Unit Size
1,090 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$436
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1880

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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 #72943359)

Price History

Date / Event Date Event Price
Apr 19, 2022 Sold
Premium
Sold
Feb 16, 2022 Listed by 29 Realty Group, Inc. $474,900
Listed by 29 Realty Group, Inc.
Mar 5, 2018 Sold
Premium
Sold
Jan 12, 2018 Listed by 29 Realty Group, Inc. $315,500
Listed by 29 Realty Group, Inc.
Apr 30, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1965
  • 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: 24
  • 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: 1,090
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,985
  • Total Building Area: 1,090
  • Gross Building Area: 2,402
  • Building Area: 1,090
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,090
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383501

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_676262_2932923
  • Parcel: FRAM M:101 B:62 L:2962 U:000
  • Block: 62
  • Lot: 2962
  • Municipality: FRAMINGHAM
  • Latitude: 42.296
  • Longitude: -71.4258

    Address

  • Full Address: 224 Walnut St
  • Address - House Number: 224
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C036
  • 4-Digit Zip Code: 7542
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $608,800

    Appraisal Valuation

  • Standard Deviation: 0.2452
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 544,529
  • High Value: 678,069
  • Low Value: 410,990

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,600
  • Assessed Land Value: $237,600
  • Assessed Improvements Value: $251,000

    Sales

  • Current Sale Contract Date: Apr 19, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58044
  • Previous Sale Recording Date: Mar 05, 2018
  • Previous Sale Amount: $332,500
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72943359

Frequently Asked Questions

When was property at 224 Walnut Street built and last sold?
The property at 224 Walnut Street was built in 1880 and last sold on Apr 19, 2022 for $530,000.
How much is this home worth?
The estimated value of the home located at 224 Walnut Street is $468,034.
What are some comparable homes to 224 Walnut Street?
There are currently no comparable homes to 224 Walnut Street.
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