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Framingham 01701
4 Royal Meadow Lane
$489,000
● House - Off Market

4 Royal Meadow Lane

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,618 Ft²
$860,147
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

Great neighborhood - pretty side street - super commuting location.  Over 2600 sq ft with new H/W floor in kitchen, custom cherry cabinets - a 12x22 deck & large level back yard. 1st fl laundry room. DR/LR feature Wainscot molding. LR w/picture windows in front & back. Family room off kitchen with wood stove opens to deck. Huge bedrooms - A large MBR with well designed bath. Lots of closets.
Unit Size
2,618 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$191
Property Type
House
Property Taxes
$516
HOA Dues
-
Year Built
1983

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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 #70528298)

Price History

Date / Event Date Event Price
Jul 20, 2021 Sold
Premium
Sold
Jun 4, 2021 Listed by Stabile Realty Group, Inc. $699,900
Listed by Stabile Realty Group, Inc.
Jul 9, 2007 Sold
Premium
Sold
Feb 20, 2007 Listed by Stabile Realty Group, Inc. $499,000
Listed by Stabile Realty Group, Inc.

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,354
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,261
  • Total Building Area: 2,688
  • Gross Building Area: 4,654
  • Building Area: 2,688
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,688
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROYAL MDW LANE
  • Land Acres: 0000000534
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 384004

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_666571_2935554
  • Parcel: FRAM M:088 B:65 L:5575 U:000
  • Block: 65
  • Lot: 5575
  • Municipality: FRAMINGHAM
  • Latitude: 42.3033
  • Longitude: -71.4617

    Address

  • Full Address: 4 Royal Meadow Ln
  • Address - House Number: 4
  • Address - Street Name: Royal Meadow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Framingham
  • Carrier Code: C027
  • 4-Digit Zip Code: 8846
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,005,400

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 884,292
  • High Value: 1,037,866
  • Low Value: 730,718

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $806,900
  • Assessed Land Value: $259,300
  • Assessed Improvements Value: $547,600

    Sales

  • Current Sale Contract Date: Jul 20, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 163181
  • Previous Sale Recording Date: Jul 09, 2007
  • Previous Sale Amount: $489,000
  • 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

2012 ft²

Average Home Age

61 years

Currently For Sale

118 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 years ago
Data Source: MLS PIN, MLS# 70528298

Frequently Asked Questions

When was property at 4 Royal Meadow Lane built and last sold?
The property at 4 Royal Meadow Lane was built in 1983 and last sold on Jul 20, 2021 for $725,000.
How much is this home worth?
The estimated value of the home located at 4 Royal Meadow Lane is $712,443.
What are some comparable homes to 4 Royal Meadow Lane?
There are currently no comparable homes to 4 Royal Meadow Lane.
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