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Framingham 01701
40 Fairbrook Road
$295,000
● House - Off Market

40 Fairbrook Road

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,356 Ft²
$525,576
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Irresistible 3 bedroom expanded ranch home in sought-after No. Framingham neighborhood. Deliciously sunny fireplaced living room welcomes you to this charming home.  Fall in love with the fabulously open concept kitchen and family room that are perfectly suited for today's lifestyle.  Summer is here and what better place to enjoy it!  Kick back on the patio overlooking the sprawling, level, fenced-in yard – ready for your favorite summer activities!  Lots of extras and updates to appreciate:  Family room features oversized walk-in pantry, Central A/C, young roof, exterior painted in 2013, and many windows replaced.   Great commuter-friendly location that can't be beat – wonderful neighborhood near shops, restaurants and more!
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$214
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1954

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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 #71687612)

Price History

Date / Event Date Event Price
Jul 24, 2014 Sold
Premium
Sold
May 27, 2014 Listed by Keller Williams Realty Boston Northwest $289,900
Listed by Keller Williams Realty Boston Northwest
Aug 17, 2007 Sold
Premium
Sold
Apr 23, 2007 Listed by Keller Williams Realty Boston Northwest $319,900
Listed by Keller Williams Realty Boston Northwest
Jun 25, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,356
  • Gross Building Area: 1,476
  • Building Area: 1,356
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,356
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383800

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_678346_2941071
  • Parcel: FRAM M:059 B:81 L:3047 U:000
  • Block: 81
  • Lot: 3047
  • Municipality: FRAMINGHAM
  • Latitude: 42.3185
  • Longitude: -71.4181

    Address

  • Full Address: 40 Fairbrook Rd
  • Address - House Number: 40
  • Address - Street Name: Fairbrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C070
  • 4-Digit Zip Code: 4011
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $530,200

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 551,006
  • High Value: 652,295
  • Low Value: 449,717

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $425,500
  • Assessed Land Value: $232,700
  • Assessed Improvements Value: $192,800

    Sales

  • Current Sale Recording Date: Jul 24, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 106783
  • Previous Sale Recording Date: Aug 17, 2007
  • Previous Sale Amount: $312,000
  • Previous Sale Document Type: 48
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

53

Average Home Size

2074 ft²

Average Home Age

63 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71687612

Frequently Asked Questions

When was property at 40 Fairbrook Road built and last sold?
The property at 40 Fairbrook Road was built in 1954 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 40 Fairbrook Road is $304,889.
What are some comparable homes to 40 Fairbrook Road?
There are currently no comparable homes to 40 Fairbrook Road.
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