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Framingham 01702
403 Mount Wayte Rd
$365,000
● House - Off Market

403 Mount Wayte Rd

Framingham, MA 01702
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$354,719
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

This home has been in the family since the early 60s . Bring this lovely home back to life with your extra touches, and your beautiful imagination. Very well loved home, terrific memories, beautiful fenced in yard, hardwood floors, dishwasher, garage, etc.   Home is being sold as is, where is.Group showing only to be posted as requested.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$275
Property Type
House
Property Taxes
$323
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 months ago (MLSPIN #73016752)

Price History

Date / Event Date Event Price
Dec 8, 2022 Sold
Premium
Sold
Nov 16, 2022 In contract -
In contract
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
Garage

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 12
  • 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: 748
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,786
  • Total Building Area: 1,200
  • Gross Building Area: 2,331
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000041
  • 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_673195_2930278
  • Parcel: FRAM M:110 B:30 L:1297 U:000
  • Block: 30
  • Lot: 1297
  • Municipality: FRAMINGHAM
  • Latitude: 42.2888
  • Longitude: -71.4371

    Address

  • Full Address: 403 Mount Wayte Ave
  • Address - House Number: 403
  • 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: $440,700

    Appraisal Valuation

  • Standard Deviation: 0.2383
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 52
  • Final Value: 415,060
  • High Value: 513,980
  • Low Value: 316,139

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $353,700
  • Assessed Land Value: $216,300
  • Assessed Improvements Value: $137,400

    Sales

  • Current Sale Contract Date: Dec 08, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 179022
  • Previous Sale Recording Date: Oct 24, 1962
  • Previous Sale Document Type: 34
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

$363

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2076 ft²

Average Home Age

62.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73016752

Frequently Asked Questions

When was property at 403 Mt Wayte Avenue built and last sold?
The property at 403 Mt Wayte Avenue was built in 1890 and last sold on Dec 8, 2022 for $365,000.
How much is this home worth?
The estimated value of the home located at 403 Mt Wayte Avenue is $343,033.
What are some comparable homes to 403 Mt Wayte Avenue?
There are currently no comparable homes to 403 Mt Wayte Avenue.
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