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Framingham 01702
257 Franklin Street
$341,000
● House - Off Market

257 Franklin Street

Framingham, MA 01702
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,134 Ft²
$741,324
RealtyHop Estimate
118.10%
Since Jan 1, 2003
MA-Boston
Primary Model

About This Property

ONE OWNER HOME W/STUDIO APT. EASY TO SHOW! FENCED YARD.SOME UPDATED WINDOWS. VERY COZY MAIN HOME W/HDWD FLRS IN SOME RMS MORE SPACIOUS INSIDE THAT IT LOOKS FROM A DRIVEBY! 2 CAR GARAGE W/3RD PKG SPOT.NEVER BEEN RENTED, HAS BEEN FAM. HOME
Unit Size
2,134 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$159
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1949

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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: 6 months ago (MLSPIN #30655310)

Price History

Date / Event Date Event Price
Dec 30, 2002 Sold
Premium
Sold
Oct 5, 2002 Listed by Classic Properties REALTORS® $339,900
Listed by Classic Properties REALTORS®

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 948
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,182
  • Total Building Area: 2,192
  • Gross Building Area: 4,261
  • Building Area: 2,192
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,192
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

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

Zoning

  • Zoning: G

Geography

  • Account Number: F_676966_2928568
  • Parcel: FRAM M:120 B:68 L:9566 U:000
  • Block: 68
  • Lot: 9566
  • Municipality: FRAMINGHAM
  • Latitude: 42.2841
  • Longitude: -71.4231

    Address

  • Full Address: 257 Franklin St
  • Address - House Number: 257
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C010
  • 4-Digit Zip Code: 6226
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $732,800

    Appraisal Valuation

  • Standard Deviation: 0.1826
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 679,072
  • High Value: 803,092
  • Low Value: 555,051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $588,100
  • Assessed Land Value: $227,800
  • Assessed Improvements Value: $360,300

    Sales

  • Current Sale Recording Date: Dec 30, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1697
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

52

Average Home Size

1987 ft²

Average Home Age

58.1 years

Currently For Sale

106 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: 6 months ago
Data Source: MLS PIN, MLS# 30655310

Frequently Asked Questions

When was property at 257 Franklin Street built and last sold?
The property at 257 Franklin Street was built in 1949 and last sold on Jan 1, 1970 for $341,000.
How much is this home worth?
The estimated value of the home located at 257 Franklin Street is $344,085.
What are some comparable homes to 257 Franklin Street?
There are currently no comparable homes to 257 Franklin Street.
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