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Framingham 01702
393 Union Avenue
$305,000
● House - Off Market

393 Union Avenue

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,628 Ft²
$598,062
RealtyHop Estimate
89.92%
Since Jun 1, 2004
MA-Boston
Primary Model

About This Property

BEAUTIFUL&SPACIOUS DESCRIBES THIS NICELY MAINTAINED COLONIAL. MANY UPDATES INCL NEW WINDOWS,INSULATION,ELECTRIC, DRIVEWAY,&BATH. GREAT FOR IN-HOME BUSINESS W/SIGN ON PRESTIGIOUS UNION AVE. DON'T MISS IT! E-Z TO SHOW!
Unit Size
1,628 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$193
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1882

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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 months ago (MLSPIN #30794448)

Price History

Date / Event Date Event Price
May 27, 2004 Sold
Premium
Sold
Dec 1, 2003 Listed by Re/max Realty Associates $314,900
Listed by Re/max Realty Associates
Nov 1, 1994 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1882
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 800
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,971
  • Total Building Area: 1,628
  • Gross Building Area: 3,553
  • Building Area: 1,628
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,628
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383501

Zoning

  • Zoning: G

Geography

  • Account Number: F_676519_2930615
  • Parcel: FRAM M:111 B:60 L:5611 U:000
  • Block: 60
  • Lot: 5611
  • Municipality: FRAMINGHAM
  • Latitude: 42.2897
  • Longitude: -71.4248

    Address

  • Full Address: 393 Union Ave
  • Address - House Number: 393
  • Address - Street Name: Union
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Framingham
  • Carrier Code: C011
  • 4-Digit Zip Code: 5852
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $501,900

    Appraisal Valuation

  • Standard Deviation: 0.2452
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 597,807
  • High Value: 744,412
  • Low Value: 451,202

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $402,800
  • Assessed Land Value: $231,200
  • Assessed Improvements Value: $171,600

    Sales

  • Current Sale Recording Date: May 27, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 135121
  • Previous Sale Recording Date: Nov 01, 1994
  • Previous Sale Amount: $55,000
  • 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:

$676,514

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2051 ft²

Average Home Age

60.7 years

Currently For Sale

127 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30794448

Frequently Asked Questions

When was property at 393 Union Avenue built and last sold?
The property at 393 Union Avenue was built in 1882 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 393 Union Avenue is $331,484.
What are some comparable homes to 393 Union Avenue?
There are currently no comparable homes to 393 Union Avenue.
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