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Framingham 01702
401 Mt Wayte Rd
$329,900
● House - Off Market

401 Mt Wayte Rd

Framingham, MA 01702
bedrooms
2 Beds
bathrooms
1 Bath
$350,528
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

New to the market, this home needs a handyman or a buyer with an imagination to bring this jewel back to life.  This home has happy memories and is now time to sell to another family so they can make their own memories. This Cape features 2 bedrooms one bath and a garage.. the house needs new buyers loveNo showing until the open house 11/6/2022.  12-2
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1890

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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 #73016751)

Price History

Date / Event Date Event Price
Oct 30, 2022 Withdrawn -
Withdrawn
Jul 25, 2022 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $329,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 580
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,930
  • Total Building Area: 1,192
  • Gross Building Area: 1,962
  • Building Area: 1,192
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,192
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383300

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_673294_2930235
  • Parcel: FRAM M:110 B:30 L:2293 U:000
  • Block: 30
  • Lot: 2293
  • Municipality: FRAMINGHAM
  • Latitude: 42.2887
  • Longitude: -71.4367

    Address

  • Full Address: 401 Mount Wayte Ave
  • Address - House Number: 401
  • Address - Street Name: Mount Wayte
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Framingham
  • Carrier Code: C036
  • 4-Digit Zip Code: 5772
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $517,600

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 324,961
  • High Value: 350,110
  • Low Value: 299,812

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $415,400
  • Assessed Land Value: $222,500
  • Assessed Improvements Value: $192,900

    Sales

  • Current Sale Recording Date: Jan 27, 2014
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000001
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:

$676,514

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2047 ft²

Average Home Age

60.5 years

Currently For Sale

126 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 73016751

Frequently Asked Questions

When was property at 401 Mt Wayte Avenue built and last sold?
The property at 401 Mt Wayte Avenue was built in 1890 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 401 Mt Wayte Avenue is $0.
What are some comparable homes to 401 Mt Wayte Avenue?
There are currently no comparable homes to 401 Mt Wayte Avenue.
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