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Framingham 01701
28 Lyman Road
Photo of 28 Lyman Road
Sold on Dec 19, 2008

1

Map

$249,500
● House - Off Market

28 Lyman Road

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,304 Ft²
$594,507
RealtyHop Estimate
112.40%
Since Jan 1, 2009
MA-Boston
Primary Model

About This Property

Orig. owner selling solid full basement ranch on superb corner lot in much desired "Edgebrook".Furnace '99; front windows replaced mid-90s.FP Liv.Rm - hardwood under w-w. High ceiling basement with bulkhead access ideal expansion to double GLA!Needs electric service update, new roof, kitchen and baths remodeled. Private porch off kitchen. Plumbing issues and exterior wood rot need attention. Grt. opp. for sweat equity. Conven. commuter routes, walk to Nobscot shops. Quick close desired."As Is"
Unit Size
1,304 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$215
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70842979)

Price History

Date / Event Date Event Price
Dec 19, 2008 Sold
Premium
Sold
Nov 4, 2008 Listed $279,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 2
  • Basement Area: 1,304
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,822
  • Total Building Area: 1,304
  • Gross Building Area: 3,086
  • Building Area: 1,304
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000478
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383902

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_671457_2942053
  • Parcel: FRAM M:046 B:12 L:4055 U:000
  • Block: 12
  • Lot: 4055
  • Municipality: FRAMINGHAM
  • Latitude: 42.3212
  • Longitude: -71.4435

    Address

  • Full Address: 28 Lyman Rd
  • Address - House Number: 28
  • Address - Street Name: Lyman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C039
  • 4-Digit Zip Code: 3856
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $683,200

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 626,900
  • High Value: 730,039
  • Low Value: 523,761

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $548,300
  • Assessed Land Value: $242,900
  • Assessed Improvements Value: $305,400

    Sales

  • Current Sale Recording Date: Dec 19, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00198713
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

2069 ft²

Average Home Age

62.9 years

Currently For Sale

138 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# 70842979

Frequently Asked Questions

When was property at 28 Lyman Road built and last sold?
The property at 28 Lyman Road was built in 1960 and last sold on Jan 1, 1970 for $243,262.
How much is this home worth?
The estimated value of the home located at 28 Lyman Road is $290,723.
What are some comparable homes to 28 Lyman Road?
There are currently no comparable homes to 28 Lyman Road.
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