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Framingham 01702
38 Hayes Street
$170,000
● House - Off Market

38 Hayes Street

Framingham, MA 01702
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,238 Ft²
$458,978
RealtyHop Estimate
170.15%
Since Feb 1, 2001
MA-Boston
Primary Model

About This Property

SPACIOUS COLONIAL WITH MANY LARGE OPEN ROOMS, HIGH CEILINGS, FIRST FLOOR LAUNDRY. LEVEL LOT. LOCATED ON SIDE STREET, WITHIN WALKING DISTANCE TO TRAIN, SHOPPING, RESTAURANTS & BEACH.
Unit Size
2,238 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$76
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1887

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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 years ago (MLSPIN #30449133)

Price History

Date / Event Date Event Price
Jan 26, 2001 Sold
Premium
Sold
Sep 28, 2000 Listed by RE/MAX Executive Realty $169,900
Listed by RE/MAX Executive Realty
Apr 29, 1993 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1887
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 780
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,013
  • Total Building Area: 2,238
  • Gross Building Area: 3,480
  • Building Area: 2,238
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,238
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383200

Zoning

  • Zoning: B

Geography

  • Account Number: F_677961_2924518
  • Parcel: FRAM M:134 B:74 L:9561 U:000
  • Block: 74
  • Lot: 9561
  • Municipality: FRAMINGHAM
  • Latitude: 42.2731
  • Longitude: -71.4195

    Address

  • Full Address: 38 Hayes St
  • Address - House Number: 38
  • Address - Street Name: Hayes
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C006
  • 4-Digit Zip Code: 6959
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $534,400
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2452
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 634,318
  • High Value: 789,876
  • Low Value: 478,759

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $428,900
  • Assessed Land Value: $179,000
  • Assessed Improvements Value: $249,900

    Sales

  • Current Sale Recording Date: Jan 26, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 29, 1993
  • Previous Sale Amount: $100,000
  • 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

52

Average Home Size

1986 ft²

Average Home Age

59.4 years

Currently For Sale

111 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: 4 years ago
Data Source: MLS PIN, MLS# 30449133

Frequently Asked Questions

When was property at 38 Hayes Street built and last sold?
The property at 38 Hayes Street was built in 1887 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 38 Hayes Street is $171,919.
What are some comparable homes to 38 Hayes Street?
There are currently no comparable homes to 38 Hayes Street.
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