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Framingham 01701
3 Billings Way
$785,000
● House - Off Market

3 Billings Way

Framingham, MA 01701
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,375 Ft²
$717,141
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

Welcome to a stunning colonial home in a coveted Framingham neighborhood! Entertain in the bright skylit dining room, the family room with fireplace, or the spacious living room with fireplace. Enjoy the lovely private sun porch connected to the living room with sliding glass doors, and take in views of the patio and fireplace. Located in a peaceful area, this home is move-in ready with a modern design and cozy living space. Offers due Wednesday May 24th at 12 PM. Sellers reserve the right to accept an offer before 12 pm on Wednesday.
Unit Size
2,375 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$303
Property Type
House
Property Taxes
$632
HOA Dues
-
Year Built
1970

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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 #73111591)

Price History

Date / Event Date Event Price
Jul 10, 2023 Sold
Premium
Sold
May 25, 2023 In contract -
In contract
May 15, 2023 Listed by Keller Williams Realty Boston Northwest $719,000
Listed by Keller Williams Realty Boston Northwest
Nov 20, 2017 Sold
Premium
Sold
Sep 28, 2017 Listed by Keller Williams Realty Boston Northwest $502,500
Listed by Keller Williams Realty Boston Northwest
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 924
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,364
  • Total Building Area: 2,375
  • Gross Building Area: 4,373
  • Building Area: 2,375
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,375
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRIENDLY ESTATES
  • Land Acres: 0000000192
  • 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_678956_2942710
  • Parcel: FRAM M:049 B:82 L:9751 U:000
  • Block: 82
  • Lot: 9751
  • Municipality: FRAMINGHAM
  • Latitude: 42.323
  • Longitude: -71.4157

    Address

  • Full Address: 3 Billings Way
  • Address - House Number: 3
  • Address - Street Name: Billings
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Framingham
  • Carrier Code: C043
  • 4-Digit Zip Code: 4024
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $791,600

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 783,420
  • High Value: 919,475
  • Low Value: 647,364

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $635,300
  • Assessed Land Value: $231,600
  • Assessed Improvements Value: $403,700

    Sales

  • Current Sale Contract Date: Jul 10, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75186
  • Previous Sale Recording Date: Nov 20, 2017
  • Previous Sale Amount: $505,000
  • Previous Sale Document Type: O
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

52

Average Home Size

2012 ft²

Average Home Age

61 years

Currently For Sale

118 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: 5 months ago
Data Source: MLS PIN, MLS# 73111591

Frequently Asked Questions

When was property at 3 Billings Way built and last sold?
The property at 3 Billings Way was built in 1970 and last sold on Jul 10, 2023 for $785,000.
How much is this home worth?
The estimated value of the home located at 3 Billings Way is $721,017.
What are some comparable homes to 3 Billings Way?
There are currently no comparable homes to 3 Billings Way.
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