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Framingham 01702
29 Fay Road
$449,000
● House - Off Market

29 Fay Road

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,700 Ft²
$756,948
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

TOP NOTCH NEW CONSTRUCTION 3 BEDROOM, 2.5 BATH WITH KITCHEN ISLAND, GRANITE COUNTERTOPS THROUGHOUT. HARDWOOD FLOORS THROUGHOUT. LAUNDRY ON SECOND FLOOR.  CONVENIENTLY LOCATED TO MAJOR ROUTES. CLOSE TO PUBLIC TRANSPORTATION, LAKES AND PARKS. ADDITIONAL APPROX 400 SF FINISH BASEMENT, HIGH QUALITY FINISH, PROFESSIONALLY LANDSCAPED ETC. DON'T MISS THE OPPORTUNITY TO OWN THIS BEAUTY. NO CONDO FEES.  SELLER RESERVE THE RIGHTS TO SHOW PROPERTY UNTILL CONTRACT IS SIGNED.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$265
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
2016

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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 #72087132)

Price History

Date / Event Date Event Price
Dec 30, 2016 Sold
Premium
Sold
Oct 28, 2016 Listed by Appraisals Unlimited, Inc $449,900
Listed by Appraisals Unlimited, Inc
Jul 5, 2000 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 641
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,570
  • Gross Building Area: 3,765
  • Building Area: 1,570
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,570
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1004
  • County Land Use Code: 102

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383200

Zoning

  • Zoning: G

Geography

  • Account Number: F_673181_2924639
  • Parcel: FRAM M:133 B:34 L:1683 U:002
  • Block: 34
  • Lot: 1683
  • Municipality: FRAMINGHAM
  • Latitude: 42.2735
  • Longitude: -71.4372

    Address

  • Full Address: 29 Fay Rd
  • Address - House Number: 29
  • Address - Street Name: Fay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C004
  • 4-Digit Zip Code: 6813
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $736,100

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 635,316
  • High Value: 739,840
  • Low Value: 530,792

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $590,800
  • Assessed Improvements Value: $590,800

    Sales

  • Current Sale Recording Date: Dec 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 235905
  • Previous Sale Recording Date: Jul 05, 2000
  • Previous Sale Amount: $65,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72087132

Frequently Asked Questions

When was property at 29 Fay Road built and last sold?
The property at 29 Fay Road was built in 2016 and last sold on Jan 1, 1970 for $449,000.
How much is this home worth?
The estimated value of the home located at 29 Fay Road is $464,724.
What are some comparable homes to 29 Fay Road?
There are currently no comparable homes to 29 Fay Road.
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