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Framingham 01701
33 Cochituate Road
$528,000
● Commercial - Off Market

33 Cochituate Road

Framingham, MA 01701
bedrooms
Studio
bathrooms
0 Bath
$657,756
RealtyHop Estimate
25.77%
Since Feb 1, 2021
MA-Boston
Primary Model

About This Property

EVERYTHING BRAND NEW.  Kitchen and bathrooms both brand new.  Gorgeous Hardwood floors everywhere.  Many uses for this gorgeous home/commercial space.    Extra 500 detached square feet included in detached studio/workshop/dance studio/ extra office space. Mixed Use Property- Single Family Primary Res and Commercial space. Also listed as SF MLS #   . Formerly used as a salon/spa and short term rental on 2nd floor.  Tenant willing to stay on 3rd finished floor $800 monthly great tenant or will move.  As is.  New Security Camera 2020.  New Exterior paint 2020.  New decorative lighting interior and exterior.  Beautiful Move in Ready!!!
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$444
HOA Dues
-
Year Built
1927

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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 #72749299)

Price History

Date / Event Date Event Price
Jan 6, 2021 Sold
Premium
Sold
Oct 27, 2020 Listed by LAER Realty Partners $523,000
Listed by LAER Realty Partners
Dec 21, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1965
  • 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: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,576
  • Total Building Area: 1,628
  • Gross Building Area: 3,020
  • Building Area: 1,628
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,461
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000128
  • Standard Land Use Code: 2044
  • County Land Use Code: 013

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383600

Zoning

  • Zoning: B

Geography

  • Account Number: F_679727_2933833
  • Parcel: FRAM M:102 B:93 L:7823 U:000
  • Block: 93
  • Lot: 7823
  • Municipality: FRAMINGHAM
  • Latitude: 42.2986
  • Longitude: -71.4129

    Address

  • Full Address: 33 Cochituate Rd
  • Address - House Number: 33
  • Address - Street Name: Cochituate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C009
  • 4-Digit Zip Code: 7914
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $0

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $489,200
  • Assessed Land Value: $229,000
  • Assessed Improvements Value: $260,200

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Jan 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2487
  • Previous Sale Recording Date: Dec 21, 2018
  • Previous Sale Contract Date: Dec 06, 2018
  • Previous Sale Amount: $323,000
  • Previous Sale Document Type: O
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

2074 ft²

Average Home Age

63 years

Currently For Sale

137 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# 72749299

Frequently Asked Questions

When was property at 33 Cochituate Road built and last sold?
The property at 33 Cochituate Road was built in 1927 and last sold on Dec 30, 2020 for $528,000.
How much is this home worth?
The estimated value of the home located at 33 Cochituate Road is $528,230.
What are some comparable homes to 33 Cochituate Road?
There are currently no comparable homes to 33 Cochituate Road.
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