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Framingham 01702
241 Edgewater Drive
Photo of 241 Edgewater Drive
Sold on Apr 22, 2025

29

Map

Photo of 241 Edgewater Drive
Photo of 241 Edgewater Drive
$555,000
● House - Off Market

241 Edgewater Drive

Framingham, MA 01702
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$2,766
Est. Monthly
5.58%
Cap Rate

About This Property

MULTIPLE OFFERS !! please submit best and final before  6pm Monday.  Delightful 2 bedroom 1 Bath Ranch in sought after Cul-de-Sac locale. The house has good bones,  but is in need of some work and decorating ideas. Good size Living/Dining room with fireplace.. Beautiful Cathedral Ceiling Family Room Addition with fireplace ( Only heat source in this room) and an abundance of windows with winter water views. Leads to entertainment size deck. Extra large Primary Bedroom with closet and hardwood floor  (2 bedrooms made into one) Many improvements over the years including roof, windows, siding, furnace and 2023 bathroom with walk in shower. Gorgeous private backyard. New front walkway and stairs
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$375
Property Type
House
Property Taxes
$556
HOA Dues
-
Year Built
1953

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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: 2 years ago (MLSPIN #73344584)

Price History

Date / Event Date Event Price
Apr 22, 2025 Sold
Premium
Sold
Mar 17, 2025 In contract -
In contract
Mar 12, 2025 Listed $450,000
Listed
Apr 6, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 2
  • Basement Area: 888
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,983
  • Total Building Area: 1,173
  • Gross Building Area: 2,928
  • Building Area: 1,173
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,173
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000321
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383300

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_670792_2928801
  • Parcel: FRAM M:118 B:08 L:7890 U:000
  • Block: 8
  • Lot: 7890
  • Municipality: FRAMINGHAM
  • Latitude: 42.2847
  • Longitude: -71.4459

    Address

  • Full Address: 241 Edgewater Dr
  • Address - House Number: 241
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C059
  • 4-Digit Zip Code: 5614
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $667,600

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 590,789
  • High Value: 697,474
  • Low Value: 484,105

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $535,800
  • Assessed Land Value: $295,000
  • Assessed Improvements Value: $240,800

    Sales

  • Current Sale Recording Date: Apr 06, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 43
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: 2 years ago
Data Source: MLS PIN, MLS# 73344584

Frequently Asked Questions

When was property at 241 Edgewater Drive built and last sold?
The property at 241 Edgewater Drive was built in 1953 and last sold on Jan 1, 1970 for $140,000.
How much is this home worth?
The estimated value of the home located at 241 Edgewater Drive is $0.
What are some comparable homes to 241 Edgewater Drive?
There are currently no comparable homes to 241 Edgewater Drive.
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