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Framingham 01701
29 Purchase Street
$212,000
● House - Off Market

29 Purchase Street

Framingham, MA 01701
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$495,502
RealtyHop Estimate
108.28%
Since Nov 1, 2012
MA-Boston
Primary Model

About This Property

Great area in North Framingham!  Excellent potential.  Two bedroom home, with plenty of room for expansion and updating.  This home does have a hardwood floors, and fireplaced Living Room.  Large Kitchen with built ins.  Archways!  Patio.  Shed.  Oak Kitchen Cabinets.  But the best part is the unfinished second floor!  You could potentially create 2/3 bedrooms and another bath!  Excellent backyard!  So much potential for this diamond in the rough.  Showings will begin Sunday afternoon!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$198
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1950

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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 #71428995)

Price History

Date / Event Date Event Price
Oct 31, 2012 Sold
Premium
Sold
Aug 31, 2012 Listed by RE/MAX Executive Realty $237,900
Listed by RE/MAX Executive Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 836
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,402
  • Gross Building Area: 2,490
  • Building Area: 1,402
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,402
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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_682395_2942731
  • Parcel: FRAM M:050 B:22 L:3793 U:000
  • Block: 22
  • Lot: 3793
  • Municipality: FRAMINGHAM
  • Latitude: 42.3229
  • Longitude: -71.403

    Address

  • Full Address: 29 Purchase St
  • Address - House Number: 29
  • Address - Street Name: Purchase
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C053
  • 4-Digit Zip Code: 4143
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $599,700

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 562,126
  • High Value: 668,721
  • Low Value: 455,531

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $481,300
  • Assessed Land Value: $230,700
  • Assessed Improvements Value: $250,600

    Sales

  • Current Sale Recording Date: Oct 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000023
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

54

Average Home Size

2075 ft²

Average Home Age

63.2 years

Currently For Sale

136 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# 71428995

Frequently Asked Questions

When was property at 29 Purchase Street built and last sold?
The property at 29 Purchase Street was built in 1950 and last sold on Jan 1, 1970 for $212,000.
How much is this home worth?
The estimated value of the home located at 29 Purchase Street is $249,518.
What are some comparable homes to 29 Purchase Street?
There are currently no comparable homes to 29 Purchase Street.
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