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Framingham 01702
425 Mount Wayte Ave
$520,000
● House - Off Market

425 Mount Wayte Ave

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,504 Ft²
$476,433
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Tucked away in a treehouse-like setting,this lovely home is awaiting its next owners. Enter through the enclosed heated porch into a most beautiful, renovated and expanded kitchen, complete with granite countertops, tons of cabinets, hardwood floor, and direct access to a multi-level deck which overlooks beautiful wooded surrounds.There is a lovely bright living room, a bedroom/flex space with deck access, and two baths.  The upper level has two bedrooms with lots of closet spaces and skylights. The lower level, while unfinished, is walkout and houses the 10 year newer heating system. This home is a hidden gem on a quiet road offering a small park/playground and easy access to shopping, dining and all amenities.   Offer deadline: Any and all offers will be reviewed on Monday, July 3 at 5PM.
Unit Size
1,504 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$319
Property Type
House
Property Taxes
$430
HOA Dues
-
Year Built
1930

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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 #73129980)

Price History

Date / Event Date Event Price
Aug 14, 2023 Sold
Premium
Sold
Jul 4, 2023 In contract -
In contract
Jun 27, 2023 Listed by Realty Executives Boston West $479,900
Listed by Realty Executives Boston West
Mar 14, 2000 Sold
Premium
Sold
Jan 14, 2000 Listed by Realty Executives Boston West $164,900
Listed by Realty Executives Boston West
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 800
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,763
  • Total Building Area: 1,504
  • Gross Building Area: 3,015
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000293
  • 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_673225_2930414
  • Parcel: FRAM M:110 B:30 L:2421 U:000
  • Block: 30
  • Lot: 2421
  • Municipality: FRAMINGHAM
  • Latitude: 42.2892
  • Longitude: -71.437

    Address

  • Full Address: 425 Mount Wayte Ave
  • Address - House Number: 425
  • 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: $548,100

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 502,898
  • High Value: 588,172
  • Low Value: 417,624

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $439,900
  • Assessed Land Value: $225,900
  • Assessed Improvements Value: $214,000

    Sales

  • Current Sale Contract Date: Aug 14, 2023
  • Current Sale Recording Date: Aug 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90898
  • Previous Sale Recording Date: Mar 14, 2000
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 27
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:

$677,397

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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73129980

Frequently Asked Questions

When was property at 425 Mt Wayte Avenue built and last sold?
The property at 425 Mt Wayte Avenue was built in 1930 and last sold on Aug 14, 2023 for $520,000.
How much is this home worth?
The estimated value of the home located at 425 Mt Wayte Avenue is $478,749.
What are some comparable homes to 425 Mt Wayte Avenue?
There are currently no comparable homes to 425 Mt Wayte Avenue.
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