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Framingham 01702
491 Salem End Rd
$375,000
● House - Off Market

491 Salem End Rd

Framingham, MA 01702
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,424 Ft²
$541,186
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

This two bedroom, one and a half bathroom antique colonial is situated on almost a half acre with stunning pond views in a highly desirable Framingham neighborhood. Easy access to route 9, I-95, I-90, I-495, the Natick Mall & so much more. Exterior updates include, vinyl siding and windows. This home offers a private fenced backyard and an outdoor shed for extra storage. Wood floors throughout, fireplace in living room, formal diningroom, large master bedroom, first floor family room or office. This home is a MUST see!
Unit Size
1,424 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$260
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1817

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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: 4 months ago (MLSPIN #72576379)

Price History

Date / Event Date Event Price
Dec 12, 2019 Sold
Premium
Sold
Oct 7, 2019 Listed by Coldwell Banker Residential Brokerage - Framingham $370,000
Listed by Coldwell Banker Residential Brokerage - Framingham
Nov 10, 2016 Sold
Premium
Sold
Sep 16, 2016 Listed by Coldwell Banker Residential Brokerage - Framingham $319,900
Listed by Coldwell Banker Residential Brokerage - Framingham
Jan 31, 2013 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1817
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 600
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Total Building Area: 1,392
  • Gross Building Area: 2,022
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 384003

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_667794_2931123
  • Parcel: FRAM M:108 B:71 L:7192 U:000
  • Block: 71
  • Lot: 7192
  • Municipality: FRAMINGHAM
  • Latitude: 42.2911
  • Longitude: -71.4572

    Address

  • Full Address: 491 Salem End Rd
  • Address - House Number: 491
  • Address - Street Name: Salem End
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: R003
  • 4-Digit Zip Code: 5527
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $609,500

    Appraisal Valuation

  • Standard Deviation: 0.2452
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 569,747
  • High Value: 709,471
  • Low Value: 430,023

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $489,200
  • Assessed Land Value: $280,200
  • Assessed Improvements Value: $209,000

    Sales

  • Current Sale Contract Date: Nov 25, 2019
  • Current Sale Recording Date: Dec 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 196512
  • Previous Sale Recording Date: Nov 10, 2016
  • Previous Sale Amount: $325,000
  • 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:

$675,000

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2048 ft²

Average Home Age

61 years

Currently For Sale

138 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72576379

Frequently Asked Questions

When was property at 491 Salem End Road built and last sold?
The property at 491 Salem End Road was built in 1817 and last sold on Nov 25, 2019 for $375,000.
How much is this home worth?
The estimated value of the home located at 491 Salem End Road is $381,427.
What are some comparable homes to 491 Salem End Road?
There are currently no comparable homes to 491 Salem End Road.
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