$75,000
●
Condo -
Off Market
40 Cochituate Rd #39
Framingham, MA 01701
1 Bed
1 Bath
383 Ft²
$143,763
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model
About This Property
Great studio currently rented at $750/month. Wonderful
investment property. Newer roof, newer gutters and hardtop.
Common area laundry. Plenty of parking. Can be
bought as a package with units #33 and 35.
Unit Size
383 Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
Condo
Property Taxes
$88
HOA Dues
$158
Year Built
1970
Payment Calculator
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
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Income Per Year
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Operating Profit Per Year
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: 5 years ago (MLSPIN #71521290)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2013 | Sold | ||
| Sold | |||
| May 7, 2013 | Listed by William Raveis R.E. & Home Services | $75,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Property Highlights
Parking Available
Interior Details
Level: Third
Features: Bathroom - Full
Level: Third
Features: Flooring - Wall to Wall Carpet
Level: Third
Level: Third
Features: Flooring - Wall to Wall Carpet
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Utility Connections for Electric Range
Flooring Type: Tile, Carpet
Laundry Features: Common Area, In Building
Rooms: 2
Basement: Y
Parking Details
Parking Features: Off Street, Common
Exterior Details
Has Property Attached
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Pondview
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: Condo
Parcel Number: M:240.0 B:0075 L:8739.0, 495080
Water Source: Public
Financial Details
Tax Map Number: 240
Tax Assessed Value: $62,100
Tax Annual Amount: $1,052
Utilities Details
Utilities: for Electric Range
Cooling Type: Heat Pump
Heating Type: Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Laundry
Association Fee Frequency: Monthly
HOA Fee: $158
Community Features: Public Transportation, Shopping, Park
Pets Allowed: No
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/25/2019
|
1 Bed
|
1 Bath
|
390 ft²
|
$119,000
1 Bed
1 Bath
390 ft²
|
$119,000
03/25/2019
|
Michael Giovangelo
Better Living Real Estate, LLC
| |
|
05/09/2018
|
1 Bed
|
2 Bath
|
390 ft²
|
$115,000
1 Bed
2 Bath
390 ft²
|
$115,000
06/08/2018
|
Richard Hills
Media Realty LLC
| |
|
08/03/2017
|
Studio
|
1 Bath
|
394 ft²
|
$105,000
Studio
1 Bath
394 ft²
|
$105,000
09/28/2017
|
Paul Shao
RE/MAX Best Choice
| |
|
04/05/2017
|
1 Bed
|
1 Bath
|
380 ft²
|
$109,900
1 Bed
1 Bath
380 ft²
|
$115,000
+4.64%
05/17/2017
|
Patricia Almeida Vega
Vega Realty, LLC
| |
|
10/29/2014
|
1 Bed
|
1 Bath
|
403 ft²
|
$99,000
1 Bed
1 Bath
403 ft²
|
$92,500
-6.57%
06/03/2015
|
Didier Lopez
RE/MAX One Call Realty
| |
|
09/17/2013
|
1 Bed
|
1 Bath
|
389 ft²
|
$80,000
1 Bed
1 Bath
389 ft²
|
$75,000
-6.25%
10/29/2013
|
Marie-Antoinette Beaupre
ERA Key Realty Services- Fram
| |
|
08/12/2013
|
1 Bed
|
1 Bath
|
373 ft²
|
$80,000
1 Bed
1 Bath
373 ft²
|
$74,100
-7.38%
09/16/2013
|
Nelson Zide
ERA Key Realty Services- Fram
| |
|
05/07/2013
|
1 Bed
|
1 Bath
|
392 ft²
|
$75,000
1 Bed
1 Bath
392 ft²
|
$75,000
06/28/2013
|
Gizela Grossman
William Raveis R.E. & Home Services
| |
|
05/07/2013
|
1 Bed
|
1 Bath
|
385 ft²
|
$75,000
1 Bed
1 Bath
385 ft²
|
$75,000
06/28/2013
|
Gizela Grossman
William Raveis R.E. & Home Services
| |
|
05/07/2013
|
1 Bed
|
1 Bath
|
383 ft²
|
$75,000
1 Bed
1 Bath
383 ft²
|
$75,000
06/28/2013
|
Gizela Grossman
William Raveis R.E. & Home Services
| |
|
11/01/2012
|
1 Bed
|
1 Bath
|
390 ft²
|
$69,900
1 Bed
1 Bath
390 ft²
|
$64,000
-8.44%
01/03/2013
|
Paul Peters
Keller Williams Boston Metrowest
| |
|
04/25/2011
|
1 Bed
|
1 Bath
|
379 ft²
|
$69,900
1 Bed
1 Bath
379 ft²
|
$63,000
-9.87%
05/31/2011
|
Nelson Zide
ERA Key Realty Services- Fram
| |
|
02/14/2011
|
1 Bed
|
1 Bath
|
395 ft²
|
$55,000
1 Bed
1 Bath
395 ft²
|
$58,000
+5.45%
03/28/2011
|
Donna Warren-Holmes
ERA Key Realty Services - Distinctive Group
| |
|
02/14/2011
|
1 Bed
|
1 Bath
|
395 ft²
|
$35,000
1 Bed
1 Bath
395 ft²
|
$37,000
+5.71%
03/28/2011
|
Donna Warren-Holmes
ERA Key Realty Services - Distinctive Group
| |
|
02/11/2011
|
1 Bed
|
1 Bath
|
395 ft²
|
$55,000
1 Bed
1 Bath
395 ft²
|
$58,000
+5.45%
03/28/2011
|
Donna Warren-Holmes
ERA Key Realty Services - Distinctive Group
| |
|
01/19/2011
|
1 Bed
|
1 Bath
|
385 ft²
|
$79,900
1 Bed
1 Bath
385 ft²
|
$70,000
-12.39%
02/28/2011
|
Mary Anne Sannicandro
Realty Executives Boston West
| |
|
01/07/2011
|
1 Bed
|
1 Bath
|
395 ft²
|
$75,000
1 Bed
1 Bath
395 ft²
|
-
-
|
Mary Rose Wells
Century 21 Commonwealth
| |
|
07/01/2009
|
1 Bed
|
1 Bath
|
400 ft²
|
$73,000
1 Bed
1 Bath
400 ft²
|
$69,000
-5.48%
01/08/2010
|
Jose Natal
Mega Realty Services
| |
|
04/22/2008
|
1 Bed
|
1 Bath
|
370 ft²
|
$82,000
1 Bed
1 Bath
370 ft²
|
$77,500
-5.49%
05/30/2008
|
Keith Shapiro
Realty Executives Boston West
| |
|
04/04/2008
|
1 Bed
|
1 Bath
|
389 ft²
|
$88,800
1 Bed
1 Bath
389 ft²
|
-
-
|
Marc Cercone
Coldwell Banker Realty - Framingham
| |
|
04/19/2006
|
1 Bed
|
1 Bath
|
379 ft²
|
$109,000
1 Bed
1 Bath
379 ft²
|
$105,100
-3.58%
06/27/2006
|
Lucille Boucini
Coldwell Banker Realty - Natick
| |
|
01/26/2006
|
1 Bed
|
1 Bath
|
415 ft²
|
$109,000
1 Bed
1 Bath
415 ft²
|
$106,000
-2.75%
06/22/2006
|
Mark Cirignano
OmegaListings.com, Inc.
| |
|
07/18/2005
|
1 Bed
|
1 Bath
|
403 ft²
|
$109,900
1 Bed
1 Bath
403 ft²
|
$105,000
-4.46%
09/07/2005
|
Leslie Bezkorovainy
Carlson GMAC Real Estate
| |
|
01/12/2005
|
1 Bed
|
1 Bath
|
403 ft²
|
$104,000
1 Bed
1 Bath
403 ft²
|
$92,500
-11.06%
02/17/2005
|
Marshall Coffy
Coldwell Banker Residential Brokerage - Natick
| |
|
04/02/2004
|
1 Bed
|
1 Bath
|
403 ft²
|
$84,999
1 Bed
1 Bath
403 ft²
|
$87,000
+2.35%
06/02/2004
|
Blanca Silva
Exit First Choice Professional Realty
| |
|
07/28/2003
|
Studio
|
1 Bath
|
382 ft²
|
$72,900
Studio
1 Bath
382 ft²
|
$76,000
+4.25%
10/31/2003
|
Karen LaChance
ERA Key Realty Services- Fram
| |
|
07/22/2003
|
1 Bed
|
1 Bath
|
385 ft²
|
$76,900
1 Bed
1 Bath
385 ft²
|
$76,000
-1.17%
09/23/2003
|
Marcy Broden
ERA Key Realty Services- Fram
| |
|
05/07/2003
|
1 Bed
|
1 Bath
|
394 ft²
|
$74,900
1 Bed
1 Bath
394 ft²
|
$71,000
-5.21%
07/16/2003
|
Jose Chaves
Key One Realty
| |
|
01/21/2003
|
1 Bed
|
1 Bath
|
380 ft²
|
$74,900
1 Bed
1 Bath
380 ft²
|
$72,000
-3.87%
03/07/2003
|
Pablo Maia
Keller Williams Realty
| |
|
10/25/2002
|
1 Bed
|
1 Bath
|
303 ft²
|
$73,900
1 Bed
1 Bath
303 ft²
|
$73,000
-1.22%
12/31/2002
|
Argentina Arias
Image Realty
| |
|
05/30/2002
|
1 Bed
|
1 Bath
|
398 ft²
|
$69,900
1 Bed
1 Bath
398 ft²
|
$68,000
-2.72%
08/01/2002
|
Patricia Ferreira
Dell Realty Inc.
| |
|
10/09/2001
|
1 Bed
|
1 Bath
|
385 ft²
|
$64,900
1 Bed
1 Bath
385 ft²
|
$56,000
-13.71%
01/31/2002
|
Nelson Zide
ERA Key Realty Services- Fram
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017