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Framingham 01701
24 Mayo Street
$590,000
● House - Off Market

24 Mayo Street

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,558 Ft²
$545,551
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model

About This Property

Welcome Home to this Storybook Cape on a picture-perfect side street in N.Framingham! Absolutely nothing to do but unpack and move into this recently renovated 3 bedroom 1.5 bath home boasting over 1500 sq feet on 3 finished levels. Too many options to list including hardwoods on the main level, Stainless Steel Kitchen, fireplace living room, and bedroom/office plus a newly renovated full bath on the 1st floor. Upstairs you'll find two generous-sized bedrooms flanking another brand new half bath. Need more space? Head downstairs to the finished basement which can easily be your playroom/rec room/office while also providing tons of storage space and laundry. All of this plus a fully fenced backyard complete with a beautiful paver patio, fire pit, and shed. This one won't last!
Unit Size
1,558 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$337
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1946

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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 #72946150)

Price History

Date / Event Date Event Price
Mar 31, 2022 Sold
Premium
Sold
Feb 25, 2022 Listed by Keller Williams Realty $525,000
Listed by Keller Williams Realty
Jun 18, 2010 Sold
Premium
Sold
Apr 7, 2010 Listed by Keller Williams Realty $314,900
Listed by Keller Williams Realty
Nov 8, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 750
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,233
  • Total Building Area: 1,493
  • Gross Building Area: 2,574
  • Building Area: 1,493
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,493
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 7317C
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383903

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_677055_2941158
  • Parcel: FRAM M:058 B:71 L:0155 U:000
  • Block: 71
  • Lot: 155
  • Municipality: FRAMINGHAM
  • Latitude: 42.3187
  • Longitude: -71.4228

    Address

  • Full Address: 24 Mayo St
  • Address - House Number: 24
  • Address - Street Name: Mayo
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C070
  • 4-Digit Zip Code: 4323
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $685,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 610,273
  • High Value: 716,371
  • Low Value: 504,175

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $550,500
  • Assessed Land Value: $231,500
  • Assessed Improvements Value: $319,000

    Sales

  • Current Sale Contract Date: Mar 30, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1910557
  • Previous Sale Recording Date: Jun 18, 2010
  • Previous Sale Amount: $307,500
  • Previous Sale Document Type: 48
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

$363

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2076 ft²

Average Home Age

62.4 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72946150

Frequently Asked Questions

When was property at 24 Mayo Street built and last sold?
The property at 24 Mayo Street was built in 1946 and last sold on Mar 30, 2022 for $590,000.
How much is this home worth?
The estimated value of the home located at 24 Mayo Street is $528,179.
What are some comparable homes to 24 Mayo Street?
There are currently no comparable homes to 24 Mayo Street.
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