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Framingham 01702
3 Gannon Terrace
$532,500
● House - Off Market

3 Gannon Terrace

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,628 Ft²
$1,003,534
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Move right into this beautifully updated 4 brm, 2.5 bth Garrison Colonial w/over 2,600 sf of living space & 2 car attached garage in sought after Woodcrest Acres! Bright updated eat in Cherry kitchen w/granite countertops, recessed lights, tile back splash, bay window & built in desk area! Hardwood floors throughout both levels, formal living rm, formal dining rm w/chair railing, fireplaced family rm, 1st floor laundry rm/mud rm w/updated half bth & tiled floor, Large front to back master brm with huge walk in closet and full bth with extra sink & vanity rm! Large curved deck overlooking lovely private half acre lot! Cul de sac neighborhood! Wonderful location, close to everything!
Unit Size
2,628 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$205
Property Type
House
Property Taxes
$580
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: 4 months ago (MLSPIN #71659987)

Price History

Date / Event Date Event Price
Jun 27, 2014 Sold
Premium
Sold
Apr 11, 2014 Listed by Realty Executives Boston West $539,900
Listed by Realty Executives Boston West
Jun 30, 1999 Sold
Premium
Sold
Apr 19, 1999 Listed by Realty Executives Boston West $359,900
Listed by Realty Executives Boston West

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,056
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,085
  • Total Building Area: 2,340
  • Gross Building Area: 4,489
  • Building Area: 2,340
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,340
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000507
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 384003

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_669541_2926822
  • Parcel: FRAM M:125 B:96 L:5842 U:000
  • Block: 96
  • Lot: 5842
  • Municipality: FRAMINGHAM
  • Latitude: 42.2794
  • Longitude: -71.4507

    Address

  • Full Address: 3 Gannon Ter
  • Address - House Number: 3
  • Address - Street Name: Gannon
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Framingham
  • Carrier Code: R002
  • 4-Digit Zip Code: 6111
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $789,000

    Appraisal Valuation

  • Standard Deviation: 0.2195
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 905,095
  • High Value: 1,103,804
  • Low Value: 706,386

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $633,200
  • Assessed Land Value: $258,200
  • Assessed Improvements Value: $375,000

    Sales

  • Current Sale Recording Date: Jun 27, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88854
  • Previous Sale Recording Date: Jun 30, 1999
  • Previous Sale Amount: $356,500
  • Previous Sale Document Type: 48
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71659987

Frequently Asked Questions

When was property at 3 Gannon Terrace built and last sold?
The property at 3 Gannon Terrace was built in 1970 and last sold on Jan 1, 1970 for $532,500.
How much is this home worth?
The estimated value of the home located at 3 Gannon Terrace is $556,810.
What are some comparable homes to 3 Gannon Terrace?
There are currently no comparable homes to 3 Gannon Terrace.
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