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Framingham 01702
389 Salem End Road
$480,000
● House - Off Market

389 Salem End Road

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,386 Ft²
$1,016,817
RealtyHop Estimate
116.34%
Since Mar 1, 2010
National-US
Primary Model

About This Property

Not your typical floor plan! Wonderful cont. cape offers cathedral ceilings, hardwood floors, recessed lights and lots of glass. Huge MBR with skylights, sunken family room, balcony overlooks L.R., D.R. and kitchen have access to the huge entertainment size deck and walk-out basement is ready to be finished. Situated on an acre of landscaped grounds with backyard abutting conservation land. Recognized by Boston Magazine as the most desirable street in Metrowest area
Unit Size
2,386 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$197
Property Type
House
Property Taxes
$531
HOA Dues
-
Year Built
1991

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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 #70915501)

Price History

Date / Event Date Event Price
Feb 26, 2010 Sold
Premium
Sold
May 8, 2009 Listed by Hammond Residential $470,000
Listed by Hammond Residential
Dec 30, 2004 Sold
Premium
Sold
Oct 30, 2004 Listed by Hammond Residential $579,500
Listed by Hammond Residential
Jun 8, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,334
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,821
  • Total Building Area: 2,279
  • Gross Building Area: 5,140
  • Building Area: 2,279
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,279
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000001006
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 384003

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_668911_2931478
  • Parcel: FRAM M:108 B:81 L:9417 U:000
  • Block: 81
  • Lot: 9417
  • Municipality: FRAMINGHAM
  • Latitude: 42.2921
  • Longitude: -71.4529

    Address

  • Full Address: 389 Salem End Rd
  • Address - House Number: 389
  • Address - Street Name: Salem End
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: R003
  • 4-Digit Zip Code: 5523
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,051,400

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 903,631
  • High Value: 1,063,022
  • Low Value: 744,239

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $843,800
  • Assessed Land Value: $305,000
  • Assessed Improvements Value: $538,800

    Sales

  • Current Sale Recording Date: Feb 26, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00032745
  • Previous Sale Recording Date: Dec 30, 2004
  • Previous Sale Amount: $570,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70915501

Frequently Asked Questions

When was property at 389 Salem End Road built and last sold?
The property at 389 Salem End Road was built in 1991 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 389 Salem End Road is $501,598.
What are some comparable homes to 389 Salem End Road?
There are currently no comparable homes to 389 Salem End Road.
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