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Framingham 01701
28 Anderson Road
$565,000
● House - Off Market

28 Anderson Road

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,118 Ft²
$524,034
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model

About This Property

You'll love the open floor plan of this beautifully finished ranch in one of North Framingham's popular neighborhoods-- convenient to retail, schools, restaurants and commuter routes! The updated kitchen with stainless appliances and center island opens to a bright and spacious living area, and there are newer laminate floors and engineered wood, plus replacement windows throughout the home. You'll find three spacious bedrooms and a full bath with laundry.  A new combi (hot-water & heat) high efficiency gas boiler, and a heated garage on its own zone. The fenced back yard (2022)  is spacious and private, and features a new patio and a shed with plenty of storage space. New driveway in 2020.   Nothing left to be done!
Unit Size
1,118 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$461
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1954

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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 #73087019)

Price History

Date / Event Date Event Price
Apr 18, 2023 Sold
Premium
Sold
Mar 22, 2023 In contract -
In contract
Mar 13, 2023 Listed by Barrett Sotheby's International Realty $514,900
Listed by Barrett Sotheby's International Realty
Nov 2, 2017 Sold
Premium
Sold
Sep 17, 2017 Listed by Barrett Sotheby's International Realty $348,000
Listed by Barrett Sotheby's International Realty
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,935
  • Total Building Area: 1,013
  • Gross Building Area: 1,648
  • Building Area: 1,013
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,013
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRFIELD V FRAMINGHAM
  • Land Acres: 0000000274
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383800

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_677992_2941409
  • Parcel: FRAM M:058 B:71 L:9490 U:000
  • Block: 71
  • Lot: 9490
  • Municipality: FRAMINGHAM
  • Latitude: 42.3193
  • Longitude: -71.4194

    Address

  • Full Address: 28 Anderson Rd
  • Address - House Number: 28
  • Address - Street Name: Anderson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C070
  • 4-Digit Zip Code: 4008
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $563,200

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 593,726
  • High Value: 725,946
  • Low Value: 461,506

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $452,000
  • Assessed Land Value: $234,800
  • Assessed Improvements Value: $217,200

    Sales

  • Current Sale Contract Date: Apr 18, 2023
  • Current Sale Recording Date: Apr 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38456
  • Previous Sale Recording Date: Nov 02, 2017
  • Previous Sale Amount: $348,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73087019

Frequently Asked Questions

When was property at 28 Anderson Road built and last sold?
The property at 28 Anderson Road was built in 1954 and last sold on Apr 18, 2023 for $565,000.
How much is this home worth?
The estimated value of the home located at 28 Anderson Road is $504,652.
What are some comparable homes to 28 Anderson Road?
There are currently no comparable homes to 28 Anderson Road.
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