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Framingham 01701
345 Old Connecticut Path
$482,500
● House - Off Market

345 Old Connecticut Path

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$773,608
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model

About This Property

Can't miss location! This multi-level 3 Bed/ 2 Bath is fully renovated with brand new roof.  Detail oriented and solar powered, this home boasts LED lighting throughout and includes high end kitchen appliances: gas range w/ gas broiler, external duct hood, Sub-Zero refrigerator and Bosch dishwasher. The partially finished basement, which does not sacrifice storage, is perfect for entertaining or having family over for the weekend (it comes with a murphy bed). The backyard includes an outdoor patio, a shed and the perfect space for a family pet.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$278
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1965

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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 #72207056)

Price History

Date / Event Date Event Price
Jan 5, 2018 Sold
Premium
Sold
Aug 1, 2017 Listed by Northeast Development & Investment, Inc. $500,000
Listed by Northeast Development & Investment, Inc.
Apr 12, 2001 Sold
Premium
Sold
Feb 28, 2001 Listed by Northeast Development & Investment, Inc. $259,900
Listed by Northeast Development & Investment, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,008
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,244
  • Gross Building Area: 2,376
  • Building Area: 1,244
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,244
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_683561_2937485
  • Parcel: FRAM M:082 B:37 L:5468 U:000
  • Block: 37
  • Lot: 5468
  • Municipality: FRAMINGHAM
  • Latitude: 42.3086
  • Longitude: -71.3988

    Address

  • Full Address: 345 Old Connecticut Path
  • Address - House Number: 345
  • Address - Street Name: Old Connecticut
  • Address - Suffix Type: Path
  • State: MA
  • City Name: Framingham
  • Carrier Code: C025
  • 4-Digit Zip Code: 4543
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $816,500

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 729,924
  • High Value: 842,241
  • Low Value: 617,606

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $655,300
  • Assessed Land Value: $233,100
  • Assessed Improvements Value: $422,200

    Sales

  • Current Sale Recording Date: Jan 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2505
  • Previous Sale Recording Date: Apr 12, 2001
  • Previous Sale Amount: $225,000
  • 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

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# 72207056

Frequently Asked Questions

When was property at 345 Old Connecticut Path built and last sold?
The property at 345 Old Connecticut Path was built in 1965 and last sold on Jan 1, 1970 for $482,500.
How much is this home worth?
The estimated value of the home located at 345 Old Connecticut Path is $506,014.
What are some comparable homes to 345 Old Connecticut Path?
There are currently no comparable homes to 345 Old Connecticut Path.
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