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Framingham 01702
340 Bishop Street
$335,000
● House - Off Market

340 Bishop Street

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,106 Ft²
$498,544
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

For the discerning buyer, a great opportunity to own this charming 3 bedroom Cape. Features include: Recessed lighting throughout, gleaming hardwood floors, and baseboard trim. Modern kitchen with s/s appliances, granite countertop, dishwasher, disposal, and microwave. Formal dining room with chandelier and arched doorframes. Bright Living room. Large entry sunroom with arched doorway. 2016 interior and exterior paint. 2017 new heating system and recent Mass Save energy upgrades. Walk-up attic with bonus rooms. Large basement with expansion potential. 2011 roof. Private yard with patio. Conveniently located to many fine restaurants, shops, Mass Pike, Routes. 9, 495, 135, & the Natick Mall.
Unit Size
1,106 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$289
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1932

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72215703)

Price History

Date / Event Date Event Price
Sep 29, 2017 Sold
Premium
Sold
Aug 18, 2017 Listed by Coldwell Banker - The Hammond Group $319,900
Listed by Coldwell Banker - The Hammond Group
Aug 7, 2009 Sold
Premium
Sold
May 11, 2009 Listed by Coldwell Banker - The Hammond Group $210,000
Listed by Coldwell Banker - The Hammond Group

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • 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: 1,082
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Total Building Area: 1,106
  • Gross Building Area: 3,076
  • Building Area: 1,106
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,106
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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_682402_2930380
  • Parcel: FRAM M:113 B:20 L:4307 U:000
  • Block: 20
  • Lot: 4307
  • Municipality: FRAMINGHAM
  • Latitude: 42.2891
  • Longitude: -71.403

    Address

  • Full Address: 340 Bishop St
  • Address - House Number: 340
  • Address - Street Name: Bishop
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C021
  • 4-Digit Zip Code: 6508
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $596,500

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 549,352
  • High Value: 652,014
  • Low Value: 446,691

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $478,700
  • Assessed Land Value: $192,700
  • Assessed Improvements Value: $286,000

    Sales

  • Current Sale Recording Date: Sep 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 158958
  • Previous Sale Recording Date: Aug 07, 2009
  • Previous Sale Amount: $210,000
  • 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

$363

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2076 ft²

Average Home Age

62.4 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# 72215703

Frequently Asked Questions

When was property at 340 Bishop Street built and last sold?
The property at 340 Bishop Street was built in 1932 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 340 Bishop Street is $324,145.
What are some comparable homes to 340 Bishop Street?
There are currently no comparable homes to 340 Bishop Street.
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