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Framingham 01701
27 Norman Dr
$399,000
● House - Off Market

27 Norman Dr

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,168 Ft²
$567,967
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

This meticulously maintained and updated 3 bedroom ranch style home with a garage is located in desirable North Framingham and one you will not want to pass up! Beautiful new siding was just installed in April 2019 adding a touch of modern and elegance to the curb appeal! Enjoy cold winter nights by the fireplace in the newly updated living room or gather in the large family room just off the kitchen. Many updates throughout include a brand new kitchen (2018) with stainless steel appliances, new tile floors and an eat in area overlooking the fenced-in backyard with a patio perfect for entertaining.  Convenient location close to schools, shopping and major routes.
Unit Size
1,168 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$340
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1956

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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 #72521291)

Price History

Date / Event Date Event Price
Aug 23, 2019 Sold
Premium
Sold
Jun 19, 2019 Listed by William Raveis R.E. & Home Services $397,000
Listed by William Raveis R.E. & Home Services
Mar 14, 2016 Sold
Premium
Sold
Dec 11, 2015 Listed by William Raveis R.E. & Home Services $275,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 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: 11,805
  • Total Building Area: 1,168
  • Gross Building Area: 2,200
  • Building Area: 1,168
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,168
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000271
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383700

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_680989_2939948
  • Parcel: FRAM M:070 B:09 L:9984 U:000
  • Block: 9
  • Lot: 9984
  • Municipality: FRAMINGHAM
  • Latitude: 42.3153
  • Longitude: -71.4082

    Address

  • Full Address: 27 Norman Dr
  • Address - House Number: 27
  • Address - Street Name: Norman
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C046
  • 4-Digit Zip Code: 4447
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $559,800

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 553,434
  • High Value: 655,169
  • Low Value: 451,699

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $449,300
  • Assessed Land Value: $234,700
  • Assessed Improvements Value: $214,600

    Sales

  • Current Sale Contract Date: Aug 15, 2019
  • Current Sale Recording Date: Aug 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1821731
  • Previous Sale Recording Date: Mar 14, 2016
  • Previous Sale Amount: $266,500
  • 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# 72521291

Frequently Asked Questions

When was property at 27 Norman Drive built and last sold?
The property at 27 Norman Drive was built in 1956 and last sold on Aug 15, 2019 for $399,000.
How much is this home worth?
The estimated value of the home located at 27 Norman Drive is $397,932.
What are some comparable homes to 27 Norman Drive?
There are currently no comparable homes to 27 Norman Drive.
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