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Framingham 01701
40 Foster Drive
$494,000
● House - Off Market

40 Foster Drive

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,768 Ft²
$644,477
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Welcome to your vacation  getaway in Framingham, with beautiful Pool and  Back Yard; Interior freshly painted and Hardwood floor just refinished;  Back Yard has lots of room to entertain; Pool has new liner and Pool components are in good working order; Nice deck and custom made fireplace;   Lovely 3 bedroom , 1 1/2 Bath  Home;  Gas Heat and Cooking; Living room with fireplace; Large finished lower level; Living and Dining room have easy access to back yard and Pool.  Fantastic private location, with very easy access to shopping and Major commuting highways.
Unit Size
1,768 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$283
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1955

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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 #72714820)

Price History

Date / Event Date Event Price
Oct 15, 2020 Sold
Premium
Sold
Aug 24, 2020 Listed by Coldwell Banker Realty - Wellesley $499,900
Listed by Coldwell Banker Realty - Wellesley
May 15, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 624
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,146
  • Total Building Area: 1,192
  • Gross Building Area: 1,936
  • Building Area: 1,192
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,192
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383600

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_682188_2936519
  • Parcel: FRAM M:082 B:26 L:1581 U:000
  • Block: 26
  • Lot: 1581
  • Municipality: FRAMINGHAM
  • Latitude: 42.3059
  • Longitude: -71.4039

    Address

  • Full Address: 40 Foster Dr
  • Address - House Number: 40
  • Address - Street Name: Foster
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C017
  • 4-Digit Zip Code: 7827
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $677,300

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 622,816
  • High Value: 734,012
  • Low Value: 511,621

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $543,600
  • Assessed Land Value: $231,400
  • Assessed Improvements Value: $312,200

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Oct 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 187844
  • Previous Sale Recording Date: May 15, 1998
  • Previous Sale Amount: $159,500
  • 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

53

Average Home Size

2069 ft²

Average Home Age

62.9 years

Currently For Sale

138 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

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72714820

Frequently Asked Questions

When was property at 40 Foster Drive built and last sold?
The property at 40 Foster Drive was built in 1955 and last sold on Oct 8, 2020 for $494,000.
How much is this home worth?
The estimated value of the home located at 40 Foster Drive is $0.
What are some comparable homes to 40 Foster Drive?
There are currently no comparable homes to 40 Foster Drive.
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