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Framingham 01702
3 Newton Park Rd
$300,000
● House - Off Market

3 Newton Park Rd

Framingham, MA 01702
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,102 Ft²
$227,410
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

Come see this cute as a button cottage home! Don't want a condo but are looking for a low-maintenance yard? This is the one!  It might only be one bedroom, but the bedroom is massive with a vaulted ceiling! Nice rear deck and enclosed sun room make this a fantastic buy! Great location minutes from down town, parks, shopping! Easy to show! Make your appointment today! ALL OFFERS HIGHEST AND BEST BY WEDNESDAY MAY 31 5PM. NO ESCALATION CLAUSES. Must include the multiple offer disclosure form. Please send in one PDF. Do not send a copy of a check.
Unit Size
1,102 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$207
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1897

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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 #73116357)

Price History

Date / Event Date Event Price
Jul 10, 2023 Sold
Premium
Sold
Jun 1, 2023 In contract -
In contract
May 25, 2023 Listed by Its My Real Estate $228,000
Listed by Its My Real Estate
Mar 23, 2020 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 718
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,265
  • Total Building Area: 1,102
  • Gross Building Area: 2,145
  • Building Area: 1,102
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,102
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000052
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383300

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_673698_2929582
  • Parcel: FRAM M:119 B:39 L:6598 U:000
  • Block: 39
  • Lot: 6598
  • Municipality: FRAMINGHAM
  • Latitude: 42.2869
  • Longitude: -71.4352

    Address

  • Full Address: 3 Newton Park Rd
  • Address - House Number: 3
  • Address - Street Name: Newton Park
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C036
  • 4-Digit Zip Code: 5708
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $450,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 51
  • Final Value: 410,567
  • High Value: 509,374
  • Low Value: 311,759

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $361,400
  • Assessed Land Value: $216,700
  • Assessed Improvements Value: $144,700

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74931
  • Previous Sale Recording Date: Mar 23, 2020
  • Previous Sale Contract Date: Mar 03, 2020
  • Previous Sale Amount: $274,329
  • Previous Sale Document Type: 30
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

$365

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1967 ft²

Average Home Age

59.7 years

Currently For Sale

115 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# 73116357

Frequently Asked Questions

When was property at 3 Newton Park Road built and last sold?
The property at 3 Newton Park Road was built in 1897 and last sold on Jul 7, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 3 Newton Park Road is $243,622.
What are some comparable homes to 3 Newton Park Road?
There are currently no comparable homes to 3 Newton Park Road.
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