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Framingham 01701
46 Lockland
$379,000
● House - Off Market

46 Lockland

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$663,877
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

Come take a look at this completely rebuilt from the Studs, full dormer Cape in a very convenient location.  First floor features an open floor plan with stainless steel appliances, recessed lighting and a fireplace dining room. Second floor features 3 carpeted bedrooms and a full bath. Lots of space in the finished basement with Washer and Dryer hookup (optional half bath available). Gorgeous, private back yard with large deck. Perfect for family events. Close to shopping, Whole Foods and much more.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$211
Property Type
House
Property Taxes
$364
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71867862)

Price History

Date / Event Date Event Price
Nov 24, 2015 Sold
Premium
Sold
Jul 5, 2015 Listed by RE/MAX Real Estate Center $379,000
Listed by RE/MAX Real Estate Center
Feb 19, 2015 Sold
Premium
Sold
Jan 19, 2015 Listed by RE/MAX Real Estate Center $229,000
Listed by RE/MAX Real Estate Center

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 768
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,488
  • Gross Building Area: 2,592
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383600

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_678352_2934158
  • Parcel: FRAM M:092 B:84 L:3155 U:000
  • Block: 84
  • Lot: 3155
  • Municipality: FRAMINGHAM
  • Latitude: 42.2994
  • Longitude: -71.4179

    Address

  • Full Address: 46 Lockland Ave
  • Address - House Number: 46
  • Address - Street Name: Lockland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Framingham
  • Carrier Code: C033
  • 4-Digit Zip Code: 7928
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $733,800

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 666,306
  • High Value: 785,265
  • Low Value: 547,346

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $588,900
  • Assessed Land Value: $234,700
  • Assessed Improvements Value: $354,200

    Sales

  • Current Sale Recording Date: Nov 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 200721
  • Previous Sale Recording Date: Feb 19, 2015
  • Previous Sale Amount: $220,000
  • 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:

$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# 71867862

Frequently Asked Questions

When was property at 46 Lockland Avenue built and last sold?
The property at 46 Lockland Avenue was built in 1955 and last sold on Jan 1, 1970 for $379,000.
How much is this home worth?
The estimated value of the home located at 46 Lockland Avenue is $393,951.
What are some comparable homes to 46 Lockland Avenue?
There are currently no comparable homes to 46 Lockland Avenue.
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