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Framingham 01701
40 Jean St.
$600,000
● House - Off Market

40 Jean St.

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,233 Ft²
$610,985
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Escape to this beautifully maintained, sun-drenched Cape in a wonderful North Framingham neighborhood. 3 levels of superb finishes with 4 generously-sized bedrooms, 1.5 updated baths, gourmet kitchen with granite countertops, stainless appliances and breakfast bar opening to elegant living room with fireplace. Beautiful hardwood floors throughout. Delightful 3 season porch. Bonus lower level office/gym. List of updates include heating/boiler, oil tank, roof, front walkway, appliances, freshly painted plus many more. 1-car garage. Enjoy the large patio overlooking landscaped private grounds -- perfect for all kinds of outdoor fun! Impeccably maintained from top to bottom and *move-in* ready. Terrific neighborhood setting, super convenient to shops, schools and commuter routes.
Unit Size
1,233 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$470
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1951

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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 #73028762)

Price History

Date / Event Date Event Price
Sep 27, 2022 Sold
Premium
Sold
Aug 24, 2022 Listed by Conway - West Roxbury $579,000
Listed by Conway - West Roxbury
May 19, 2017 Sold
Premium
Sold
Mar 30, 2017 Listed by Conway - West Roxbury $399,000
Listed by Conway - West Roxbury
Mar 4, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 720
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,805
  • Total Building Area: 1,080
  • Gross Building Area: 2,552
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000271
  • 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_674566_2940261
  • Parcel: FRAM M:057 B:40 L:5266 U:000
  • Block: 40
  • Lot: 5266
  • Municipality: FRAMINGHAM
  • Latitude: 42.3162
  • Longitude: -71.4319

    Address

  • Full Address: 40 Jean St
  • Address - House Number: 40
  • Address - Street Name: Jean
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C035
  • 4-Digit Zip Code: 4314
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $673,800

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 656,896
  • High Value: 760,153
  • Low Value: 553,640

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $540,800
  • Assessed Land Value: $234,700
  • Assessed Improvements Value: $306,100

    Sales

  • Current Sale Contract Date: Sep 12, 2022
  • Current Sale Recording Date: Sep 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 146136
  • Previous Sale Recording Date: May 19, 2017
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: O
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

2048 ft²

Average Home Age

61 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73028762

Frequently Asked Questions

When was property at 40 Jean Street built and last sold?
The property at 40 Jean Street was built in 1951 and last sold on Sep 12, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 40 Jean Street is $571,908.
What are some comparable homes to 40 Jean Street?
There are currently no comparable homes to 40 Jean Street.
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