$71,000
●
Condo -
Off Market
40 Cochituate Rd #4
Framingham, MA 01701
1 Bed
1 Bath
394 Ft²
$154,735
RealtyHop Estimate
106.59%
Since Aug 1, 2003
MA-Boston
Primary Model
About This Property
NICELY UPDATED STUDIO. NEWER WHITE KITCHEN WITH EXTRA
CABINETS.ALCOVE FOR BED.BALCONY,OFF STREET PARKING, GREAT LOCATION.
Unit Size
394 Ft²
Days on Market
-
Land Size
-
Price per sqft
$190
Property Type
Condo
Property Taxes
$59
HOA Dues
$122
Year Built
1970
Payment Calculator
Home Price
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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: 4 years ago (MLSPIN #30718750)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2017 | Sold | ||
| Sold | |||
| Aug 3, 2017 | Listed by RE/MAX Best Choice | $105,000 | |
| Listed by RE/MAX Best Choice | |||
| | |||
|
Terrific investment opportunity in a fantastic North Framingham location. Potential 6.5% cap rate! Large studio apartment with bedroom alcove and balcony. Updates include new HVAC unit for central heat and air conditioning, new glass sliding doors to balcony, tile floors in the kitchen, and some newer appliances. Coin-op laundry on the premises and covered carport parking a plus! Long term tenants currently paying $850/month and would like to stay. Conveniently located to Framingham State University, restaurants, shopping and all major highways. Cash preferred but portfolio financing available. Please schedule your private appointment.
| |||
| Jul 16, 2003 | Sold | ||
| Sold | |||
| May 7, 2003 | Listed by Partners Realty Group | $74,900 | |
| Listed by Partners Realty Group | |||
Property Highlights
Parking Available
Interior Details
Level: First
Level: First
Level: First
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Utility Connections for Electric Range
Flooring Type: Tile, Carpet
Rooms: 3
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Pondview
Structure Type: Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: CONDO
Parcel Number: 495064
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $55,600
Tax Annual Amount: $708
Utilities Details
Utilities: for Electric Range
Cooling Type: Other
Heating Type: Wall Furnace
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $122
Community Features: Shopping, Medical Facility
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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017