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Framingham 01701
42 Mayo St
$390,000
● House - Off Market

42 Mayo St

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,591 Ft²
$592,012
RealtyHop Estimate
69.19%
Since May 1, 2016
MA-Boston
Primary Model

About This Property

MULTIPLE OFFER NOTIFICATION. ALL HIGHEST & BEST OFFERS DUE BY 4PM ON TUES MARCH 8TH. WOW! Newly renovated 3 bedroom 1.5 bathroom home in one of Framingham's finest neighborhoods. This must-see house features a spectacular large family room and finished playroom in basement. Walk out from the spacious family room onto large deck that looks out to a beautiful private back yard. Enjoy shiny refinished hardwood floors and open concept throughout main level. Gorgeous updated kitchen features new granite counter tops, brand new high end cabinets and all new stainless steel appliances. Other updates include brand new vinyl siding, newer boiler, fresh paint throughout interior and new carpet upstairs and in the basement. Bonus shed included in the sale! Nothing left to do here! Don't miss out on this one!
Unit Size
1,591 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$220
Property Type
House
Property Taxes
$407
HOA Dues
-
Year Built
1948

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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 #71966854)

Price History

Date / Event Date Event Price
Apr 26, 2016 Sold
Premium
Sold
Mar 3, 2016 Listed by Proactive Realty $349,900
Listed by Proactive Realty
Jan 14, 2016 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 880
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,233
  • Total Building Area: 1,759
  • Gross Building Area: 3,008
  • Building Area: 1,759
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,759
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 7317-C
  • Land Acres: 0000000189
  • 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_676953_2941358
  • Parcel: FRAM M:058 B:61 L:9355 U:000
  • Block: 61
  • Lot: 9355
  • Municipality: FRAMINGHAM
  • Latitude: 42.3192
  • Longitude: -71.4231

    Address

  • Full Address: 42 Mayo St
  • Address - House Number: 42
  • Address - Street Name: Mayo
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C070
  • 4-Digit Zip Code: 4323
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $649,500

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 586,524
  • High Value: 697,746
  • Low Value: 475,303

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $521,300
  • Assessed Land Value: $231,500
  • Assessed Improvements Value: $289,800

    Sales

  • Current Sale Recording Date: Apr 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1728085
  • Previous Sale Recording Date: Jan 14, 2016
  • Previous Sale Amount: $200,450
  • 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:

$676,514

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2051 ft²

Average Home Age

60.7 years

Currently For Sale

127 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71966854

Frequently Asked Questions

When was property at 42 Mayo Street built and last sold?
The property at 42 Mayo Street was built in 1948 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 42 Mayo Street is $368,576.
What are some comparable homes to 42 Mayo Street?
There are currently no comparable homes to 42 Mayo Street.
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