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Framingham 01702
27 Palmer Road
$170,000
● House - Off Market

27 Palmer Road

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,596 Ft²
$530,927
RealtyHop Estimate
195.12%
Since Jun 1, 2000
MA-Boston
Primary Model

About This Property

SPACIOUS FULL DORMERED CAPE NEEDS YOUR DECORATING TOUCH! COSMETICLY UN-APPEALING/CURRENTLY ON SEPTIC - TO BE TIED IN TO PUBLIC BEFORE CLOSING/2ND FLR HAS FRONT TO BACK BDROOMS & ROUGHED IN SPACE FOR A BATH/ROOF '96/UPDATED ELECTRIC
Unit Size
1,596 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$113
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1945

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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 years ago (MLSPIN #30377902)

Price History

Date / Event Date Event Price
Apr 28, 2000 Sold
Premium
Sold
Jan 10, 2000 Listed by Re/max Realty Associates $179,900
Listed by Re/max Realty Associates

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 912
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,971
  • Total Building Area: 1,596
  • Gross Building Area: 2,760
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKER STREET CONDO
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383501

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_681218_2932053
  • Parcel: FRAM M:103 B:12 L:2015 U:000
  • Block: 12
  • Lot: 2015
  • Municipality: FRAMINGHAM
  • Latitude: 42.2937
  • Longitude: -71.4074

    Address

  • Full Address: 27 Palmer Rd
  • Address - House Number: 27
  • Address - Street Name: Palmer
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C067
  • 4-Digit Zip Code: 6035
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $593,300

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 594,632
  • High Value: 705,755
  • Low Value: 483,509

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $476,200
  • Assessed Land Value: $194,900
  • Assessed Improvements Value: $281,300

    Sales

  • Current Sale Recording Date: Dec 21, 2015
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 216204
  • Previous Sale Recording Date: Apr 28, 2000
  • Previous Sale Amount: $170,000
  • 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

$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

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 years ago
Data Source: MLS PIN, MLS# 30377902

Frequently Asked Questions

When was property at 27 Palmer Road built and last sold?
The property at 27 Palmer Road was built in 1945 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 27 Palmer Road is $0.
What are some comparable homes to 27 Palmer Road?
There are currently no comparable homes to 27 Palmer Road.
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