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Framingham 01701
28 Gleason Street
$525,000
● House - Off Market

28 Gleason Street

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,352 Ft²
$522,464
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Pride of ownership reflected. Move in ready, open floor plan, great for entertaining. Finished room in the basement. New roof in 2020, hardwood floors, eat in kitchen. Level lot with patio audio and video recording devices inside and out.
Unit Size
1,352 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$385
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #73083345)

Price History

Date / Event Date Event Price
May 25, 2023 Sold
Premium
Sold
Mar 6, 2023 In contract -
In contract
Mar 1, 2023 Listed by American Hallmark $520,000
Listed by American Hallmark
Mar 4, 1996 Sold
Premium
Sold
Jul 1, 1991 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 7
  • Basement Area: 1,096
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,278
  • Total Building Area: 1,688
  • Gross Building Area: 3,263
  • Building Area: 1,688
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,688
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000213
  • 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_683388_2940218
  • Parcel: FRAM M:060 B:30 L:3281 U:000
  • Block: 30
  • Lot: 3281
  • Municipality: FRAMINGHAM
  • Latitude: 42.3161
  • Longitude: -71.3994

    Address

  • Full Address: 28 Gleason St
  • Address - House Number: 28
  • Address - Street Name: Gleason
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C046
  • 4-Digit Zip Code: 3594
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $604,100

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 544,594
  • High Value: 586,741
  • Low Value: 502,447

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $484,800
  • Assessed Land Value: $232,400
  • Assessed Improvements Value: $252,400

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: May 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54690
  • Previous Sale Recording Date: Mar 04, 1996
  • Previous Sale Amount: $128,000
  • 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

$364

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1975 ft²

Average Home Age

58 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73083345

Frequently Asked Questions

When was property at 28 Gleason Street built and last sold?
The property at 28 Gleason Street was built in 1963 and last sold on May 25, 2023 for $525,000.
How much is this home worth?
The estimated value of the home located at 28 Gleason Street is $524,488.
What are some comparable homes to 28 Gleason Street?
There are currently no comparable homes to 28 Gleason Street.
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