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Framingham 01702
41 Wood Terrace
$247,500
● House - Off Market

41 Wood Terrace

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,442 Ft²
$475,036
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model

About This Property

This small charming home, features natural woodwork, hardwood floors, four bedrooms and two baths.  The kitchen is spacious, with tile floor and generous counter space.  The living room and dining rooms are generous for this size home.  A small, but useful back yard can be accessed from either side of home.  Extra parking spaces are convenient to the handicap ramp which can be removed to expose the front steps.  New roof 2001, vinyl siding, recent new windows, hot water heater 2012, circuit breakers.
Unit Size
1,442 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$173
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1927

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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: 5 months ago (MLSPIN #71565343)

Price History

Date / Event Date Event Price
Sep 13, 2013 Sold
Premium
Sold
Aug 5, 2013 Listed by Baiting Brook Realty Inc. $249,900
Listed by Baiting Brook Realty Inc.

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 672
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,271
  • Total Building Area: 1,454
  • Gross Building Area: 2,210
  • Building Area: 1,454
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,454
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383502

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_674837_2932107
  • Parcel: FRAM M:100 B:42 L:8130 U:000
  • Block: 42
  • Lot: 8130
  • Municipality: FRAMINGHAM
  • Latitude: 42.2938
  • Longitude: -71.431

    Address

  • Full Address: 41 Wood Ter
  • Address - House Number: 41
  • Address - Street Name: Wood
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Framingham
  • Carrier Code: C036
  • 4-Digit Zip Code: 5821
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $567,300

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 508,364
  • High Value: 598,376
  • Low Value: 418,353

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $455,300
  • Assessed Land Value: $228,800
  • Assessed Improvements Value: $226,500

    Sales

  • Current Sale Recording Date: Sep 13, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 200791
  • Previous Sale Recording Date: Sep 13, 2013
  • Previous Sale Amount: $247,500
  • 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

52

Average Home Size

1957 ft²

Average Home Age

59.9 years

Currently For Sale

111 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: 5 months ago
Data Source: MLS PIN, MLS# 71565343

Frequently Asked Questions

When was property at 41 Wood Terrace built and last sold?
The property at 41 Wood Terrace was built in 1927 and last sold on Jan 1, 1970 for $247,500.
How much is this home worth?
The estimated value of the home located at 41 Wood Terrace is $264,823.
What are some comparable homes to 41 Wood Terrace?
There are currently no comparable homes to 41 Wood Terrace.
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