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Framingham 01701
40 Higgins Road
$550,732
● House - Off Market

40 Higgins Road

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,648 Ft²
$804,628
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

Impressively private and wooded on over an acre of land!  This 4BR, 3.5BA Cape in a highly desirable North Framingham neighborhood includes propane cooking with plenty of cabinet space in a recently updated kitchen.  Living room has pellet stove!  Hardwood floors throughout, recently painted with neutral tones offering plenty of light. The addition was built in 1985. The master bedroom has ensuite BA & walk in closet, beamed ceilings, skylights and it's own balcony with scenic views. This home has been lovingly cared for, maintained and updated.  A gardener's dream which includes a huge (partially fenced) backyard -- just right for outdoor activities, gatherings and entertaining. This is on a dead end street for even greater privacy.  Quick and easy access to all major routes and highways, a commuter's dream!
Unit Size
2,648 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$213
Property Type
House
Property Taxes
$624
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 #72457618)

Price History

Date / Event Date Event Price
May 23, 2019 Sold
Premium
Sold
Feb 27, 2019 Listed by LAER Realty Partners $562,900
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 816
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 2,648
  • Gross Building Area: 3,619
  • Building Area: 2,648
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,648
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000001030
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383903

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_675520_2940854
  • Parcel: FRAM M:058 B:50 L:5825 U:000
  • Block: 50
  • Lot: 5825
  • Municipality: FRAMINGHAM
  • Latitude: 42.3178
  • Longitude: -71.4286

    Address

  • Full Address: 40 Higgins Rd
  • Address - House Number: 40
  • Address - Street Name: Higgins
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C035
  • 4-Digit Zip Code: 4310
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $865,600

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 837,279
  • High Value: 982,688
  • Low Value: 691,869

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $694,700
  • Assessed Land Value: $264,200
  • Assessed Improvements Value: $430,500

    Sales

  • Current Sale Contract Date: May 10, 2019
  • Current Sale Recording Date: May 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67726
  • Previous Sale Recording Date: Nov 19, 2007
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72457618

Frequently Asked Questions

When was property at 40 Higgins Road built and last sold?
The property at 40 Higgins Road was built in 1954 and last sold on May 10, 2019 for $552,900.
How much is this home worth?
The estimated value of the home located at 40 Higgins Road is $585,951.
What are some comparable homes to 40 Higgins Road?
There are currently no comparable homes to 40 Higgins Road.
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