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Framingham 01701
314 Elm St.
$280,000
● House - Off Market

314 Elm St.

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,515 Ft²
$590,631
RealtyHop Estimate
96.94%
Since Jul 1, 2008
MA-Boston
Primary Model

About This Property

BEAUTIFUL RANCH WITH LARGE ROOMS, HARDWOOD FLOORS THROUGHOUT, FIREPLACES IN BOTH LEVELS, COMPLETE IN-LAW SETUP ON LOWER LEVEL-WALKOUT TO LARGE PATIO, lAUNDRY ON 1ST FLOOR AND BASEMENT, 1 CAR GARAGE AND LOTS OF PARKING SPACE AND A HUGE BACKYARD. A MUST SEE!!! BRING ALL OFFERS!
Unit Size
1,515 Ft²
Days on Market
-
Land Size
1.18 acres
Price per sqft
$198
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1957

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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 #70660378)

Price History

Date / Event Date Event Price
Jun 16, 2022 Sold
Premium
Sold
Jun 27, 2008 Sold
Premium
Sold
Oct 7, 2007 Listed by RE/MAX First Choice R. E. $299,900
Listed by RE/MAX First Choice R. E.
Mar 10, 2006 Sold
Premium
Sold
Jan 11, 2006 Listed by RE/MAX First Choice R. E. $469,000
Listed by RE/MAX First Choice R. E.
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,515
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,531
  • Total Building Area: 1,515
  • Gross Building Area: 3,747
  • Building Area: 1,515
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,515
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000001183
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383800

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_682421_2947358
  • Parcel: FRAM M:029 B:27 L:4325 U:000
  • Block: 27
  • Lot: 4325
  • Municipality: FRAMINGHAM
  • Latitude: 42.3357
  • Longitude: -71.4022

    Address

  • Full Address: 314 Elm St
  • Address - House Number: 314
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C044
  • 4-Digit Zip Code: 3415
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $800,700

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 714,161
  • High Value: 838,320
  • Low Value: 590,002

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $642,600
  • Assessed Land Value: $268,000
  • Assessed Improvements Value: $374,600

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90655
  • Previous Sale Recording Date: Jun 27, 2008
  • Previous Sale Amount: $280,000
  • 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

$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# 70660378

Frequently Asked Questions

When was property at 314 Elm Street built and last sold?
The property at 314 Elm Street was built in 1957 and last sold on Jun 15, 2022 for $590,000.
How much is this home worth?
The estimated value of the home located at 314 Elm Street is $317,924.
What are some comparable homes to 314 Elm Street?
There are currently no comparable homes to 314 Elm Street.
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