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Framingham 01702
3 Portmore Ln
$630,000
● House - Off Market

3 Portmore Ln

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,242 Ft²
$866,593
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Fantastic Woodcrest Acres Colonial beautifully sited on a large  level cul-de-sac lot. This expanded home has a flexible open floor plan featuring sunlit living room open to dining room with bay window and country kitchen.  Cozy fireplaced family room has easy access to large vaulted ceiling heated  sunroom and  open to  deck Two room  Master suite offers large vaulted ceiling bedroom with 2 walk in closets, full bath plus adjacent room with French doors, hardwood flooring and a separate laundry room.  Three other good size  bedrooms have hardwood flooring  Expansive finished  lower level has game room plus separate office/ workshop. Ideal neighborhood location: minutes to shopping, schools, commuter  routes and train. Welcome Home!
Unit Size
3,242 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$193
Property Type
House
Property Taxes
$664
HOA Dues
-
Year Built
1972

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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 #72657074)

Price History

Date / Event Date Event Price
Jul 14, 2020 Sold
Premium
Sold
May 21, 2020 Listed by Coldwell Banker Residential Brokerage - Framingham $625,000
Listed by Coldwell Banker Residential Brokerage - Framingham
Aug 28, 2003 Sold
Premium
Sold
Jun 19, 2003 Listed by Coldwell Banker Residential Brokerage - Framingham $529,900
Listed by Coldwell Banker Residential Brokerage - Framingham

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 1,064
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,039
  • Total Building Area: 2,620
  • Gross Building Area: 4,680
  • Building Area: 2,620
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,620
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000483
  • 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_668061_2927441
  • Parcel: FRAM M:124 B:87 L:0464 U:000
  • Block: 87
  • Lot: 464
  • Municipality: FRAMINGHAM
  • Latitude: 42.2811
  • Longitude: -71.4559

    Address

  • Full Address: 3 Portmore Ln
  • Address - House Number: 3
  • Address - Street Name: Portmore
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Framingham
  • Carrier Code: R002
  • 4-Digit Zip Code: 6121
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $908,200

    Appraisal Valuation

  • Standard Deviation: 0.1568
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 815,594
  • High Value: 943,537
  • Low Value: 687,651

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $728,900
  • Assessed Land Value: $257,200
  • Assessed Improvements Value: $471,700

    Sales

  • Current Sale Contract Date: Jul 08, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 113341
  • Previous Sale Recording Date: Aug 28, 2003
  • Previous Sale Amount: $540,000
  • 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

$365

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2058 ft²

Average Home Age

59.3 years

Currently For Sale

125 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# 72657074

Frequently Asked Questions

When was property at 3 Portmore Lane built and last sold?
The property at 3 Portmore Lane was built in 1972 and last sold on Jul 8, 2020 for $630,000.
How much is this home worth?
The estimated value of the home located at 3 Portmore Lane is $658,324.
What are some comparable homes to 3 Portmore Lane?
There are currently no comparable homes to 3 Portmore Lane.
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