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Framingham 01701
346 Elm Street
$399,900
● House - Off Market

346 Elm Street

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,194 Ft²
$502,938
RealtyHop Estimate
25.77%
Since Feb 1, 2021
MA-Boston
Primary Model

About This Property

Wonderful single level living in this updated and Move-In Ready ranch, in desirable North Framingham. There is gorgeous hardwood flooring in all rooms; laminate in the family room. Sunny Living Room boasts a cozy fireplace. The eat in kitchen features light oak cabinets, stainless steel appliances and granite counters. Updated bathroom with designer tile, newer vanity and glass vessel sink. Three generously sized bedrooms with great closet space, all with hardwood flooring. Spacious family room off the kitchen adds so much living/entertaining area! Washer & Dryer included & are located conveniently in the Family Room. Extra large fenced in level lot features a storage shed, swingset, horseshoe pit and free standing golf net - perfect for those milder days outdoors. Great Commuter location. Welcome Home!
Unit Size
1,194 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$335
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1955

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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: 5 years ago (MLSPIN #72758114)

Price History

Date / Event Date Event Price
Jan 6, 2021 Sold
Premium
Sold
Nov 17, 2020 Listed by Custom Home Realty, Inc. $399,900
Listed by Custom Home Realty, Inc.
Feb 6, 2009 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,589
  • Total Building Area: 1,194
  • Gross Building Area: 1,194
  • Building Area: 1,194
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,194
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000000289
  • 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_682502_2947992
  • Parcel: FRAM M:029 B:27 L:5909 U:000
  • Block: 27
  • Lot: 5909
  • Municipality: FRAMINGHAM
  • Latitude: 42.3374
  • Longitude: -71.4025

    Address

  • Full Address: 346 Elm St
  • Address - House Number: 346
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C044
  • 4-Digit Zip Code: 3303
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $555,500

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 561,480
  • High Value: 664,694
  • Low Value: 458,265

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $445,800
  • Assessed Land Value: $235,400
  • Assessed Improvements Value: $210,400

    Sales

  • Current Sale Contract Date: Dec 29, 2020
  • Current Sale Recording Date: Jan 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3187
  • Previous Sale Recording Date: Feb 06, 2009
  • Previous Sale Amount: $195,000
  • 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72758114

Frequently Asked Questions

When was property at 346 Elm Street built and last sold?
The property at 346 Elm Street was built in 1955 and last sold on Dec 29, 2020 for $399,900.
How much is this home worth?
The estimated value of the home located at 346 Elm Street is $407,059.
What are some comparable homes to 346 Elm Street?
There are currently no comparable homes to 346 Elm Street.
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