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Framingham 01702
309 Union Ave
Photo of 309 Union Ave
Sold on Feb 20, 2009

1

Map

$210,000
● House - Off Market

309 Union Ave

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,496 Ft²
$471,784
RealtyHop Estimate
119.54%
Since Mar 1, 2009
MA-Boston
Primary Model

About This Property

On busy Union Ave. This is BANK OWNED. Seller makes no representations or warranties as to the condition of the property; improvements or appurtenances, and that the property is sold "AS IS - WHERE IS". No Changes allowed to P&S or Sellers Addendum. All CASH offers must be presented with "verification of funds" " AGENTS PLEASE REVIEW MA-PASS INFO PACKET with general answers to your questions.
Unit Size
1,496 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$144
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1920

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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 #70810511)

Price History

Date / Event Date Event Price
Feb 12, 2009 Sold
Premium
Sold
Aug 22, 2008 Listed $214,900
Listed
Jul 16, 2008 Sold
Premium
Sold
Feb 28, 2006 Sold
Premium
Sold
Nov 24, 2005 Listed by Kinlin Grover Compass $399,500
Listed by Kinlin Grover Compass
Newly renovated colonial on corner lot with hardwood floors,marble baths,jacuzzi tub,new windows,sliders to huge patio,2 zone heating system,large master bedroom,fenced in yard and 1 car detached garage plenty of parking on propery. Zoned Professional for live in or office use.Excellent location, Close to all..
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Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 787
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,062
  • Total Building Area: 1,496
  • Gross Building Area: 2,408
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383401

Zoning

  • Zoning: P

Geography

  • Account Number: F_677070_2929634
  • Parcel: FRAM M:120 B:79 L:0663 U:000
  • Block: 79
  • Lot: 663
  • Municipality: FRAMINGHAM
  • Latitude: 42.2871
  • Longitude: -71.4227

    Address

  • Full Address: 309 Union Ave
  • Address - House Number: 309
  • Address - Street Name: Union
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Framingham
  • Carrier Code: C011
  • 4-Digit Zip Code: 6361
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $582,400

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 569,464
  • High Value: 663,153
  • Low Value: 475,774

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $467,400
  • Assessed Land Value: $233,200
  • Assessed Improvements Value: $234,200

    Sales

  • Current Sale Recording Date: Feb 12, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00022171
  • Previous Sale Recording Date: Jul 16, 2008
  • Previous Sale Amount: $308,303
  • Previous Sale Document Type: 34
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

2048 ft²

Average Home Age

61 years

Currently For Sale

138 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: 4 months ago
Data Source: MLS PIN, MLS# 70810511

Frequently Asked Questions

When was property at 309 Union Avenue built and last sold?
The property at 309 Union Avenue was built in 1920 and last sold on Jan 1, 1970 for $210,000.
How much is this home worth?
The estimated value of the home located at 309 Union Avenue is $389,950.
What are some comparable homes to 309 Union Avenue?
There are currently no comparable homes to 309 Union Avenue.
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