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Framingham 01701
241 Beacon St
$350,000
● House - Off Market

241 Beacon St

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,339 Ft²
$515,031
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

LOCATION, LOCATION, LOCATION! This 3 bedroom 1.5 bath one-level living ranch with an attached garage is near schools, malls, parks, playgrounds, gyms, and several grocery stores such as Stop and Shop, Wegmans, Whole Foods, and Trader Joes! This bright, sunny home in a great North Framingham neighborhood has older mature trees, A den overlooking the above ground pool and a nice level yard, newer & easy maintenance laminate flooring, and a newer roof (2011).  The home has a nice open concept layout with an oversized living room and is ready for your personal touch and cosmetic updates. The home is on city water & sewer, includes trash and recycling pickup,  Priced for a quick sale due to health issues, this home won't last!
Unit Size
1,339 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$269
Property Type
House
Property Taxes
$304
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 #72505176)

Price History

Date / Event Date Event Price
Aug 15, 2019 Sold
Premium
Sold
May 22, 2019 Listed by RE/MAX Executive Realty $359,999
Listed by RE/MAX Executive Realty
Sep 27, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 19
  • 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: 11,500
  • Total Building Area: 1,339
  • Gross Building Area: 1,740
  • Building Area: 1,339
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,339
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383600

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_680375_2936949
  • Parcel: FRAM M:081 B:06 L:3974 U:000
  • Block: 6
  • Lot: 3974
  • Municipality: FRAMINGHAM
  • Latitude: 42.3071
  • Longitude: -71.4106

    Address

  • Full Address: 241 Beacon St
  • Address - House Number: 241
  • Address - Street Name: Beacon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C060
  • 4-Digit Zip Code: 4959
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $556,700

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 539,292
  • High Value: 638,428
  • Low Value: 440,156

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $446,800
  • Assessed Land Value: $234,500
  • Assessed Improvements Value: $212,300

    Sales

  • Current Sale Contract Date: Aug 02, 2019
  • Current Sale Recording Date: Aug 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 120807
  • Previous Sale Recording Date: Sep 27, 1994
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: 27
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

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72505176

Frequently Asked Questions

When was property at 241 Beacon Street built and last sold?
The property at 241 Beacon Street was built in 1959 and last sold on Aug 2, 2019 for $350,000.
How much is this home worth?
The estimated value of the home located at 241 Beacon Street is $370,016.
What are some comparable homes to 241 Beacon Street?
There are currently no comparable homes to 241 Beacon Street.
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