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Framingham 01702
306 Bishop St
$227,300
● House - Off Market

306 Bishop St

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,608 Ft²
$480,769
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

Come take a look at this comfortable family home - it's been well-loved for over 25 years, and now it's time for new owners willing to do some updates. Nice features include roomy living and dining rooms, a walk through pantry off the kitchen, a convenient mudroom, and nice office in the back with a seperate entrance. Two bedrooms on the 2nd floor, and two bedrooms on the 3rd floor.  The partially fenced in yard is large and private, with a good size 2 car garage, and lots of workspace.
Unit Size
1,608 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$165
Property Type
House
Property Taxes
$346
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: 4 months ago (MLSPIN #71690030)

Price History

Date / Event Date Event Price
Aug 22, 2014 Sold
Premium
Sold
May 30, 2014 Listed by Metrowest Oak Realty $264,900
Listed by Metrowest Oak Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 624
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,985
  • Total Building Area: 1,608
  • Gross Building Area: 3,032
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383402

Zoning

  • Zoning: G

Geography

  • Account Number: F_682201_2930031
  • Parcel: FRAM M:113 B:20 L:2003 U:000
  • Block: 20
  • Lot: 2003
  • Municipality: FRAMINGHAM
  • Latitude: 42.288
  • Longitude: -71.4038

    Address

  • Full Address: 306 Bishop St
  • Address - House Number: 306
  • Address - Street Name: Bishop
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C021
  • 4-Digit Zip Code: 6501
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $539,000

    Appraisal Valuation

  • Standard Deviation: 0.2612
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 62
  • Final Value: 608,742
  • High Value: 767,767
  • Low Value: 449,718

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $432,600
  • Assessed Land Value: $200,300
  • Assessed Improvements Value: $232,300

    Sales

  • Current Sale Recording Date: Aug 22, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 126118
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

53

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

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71690030

Frequently Asked Questions

When was property at 306 Bishop Street built and last sold?
The property at 306 Bishop Street was built in 1897 and last sold on Jan 1, 1970 for $227,300.
How much is this home worth?
The estimated value of the home located at 306 Bishop Street is $281,611.
What are some comparable homes to 306 Bishop Street?
There are currently no comparable homes to 306 Bishop Street.
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