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Framingham 01701
495 Water St
$660,000
● House - Off Market

495 Water St

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,906 Ft²
$628,267
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model

About This Property

If you're looking for single-level living, this is the one! Immaculate 4 bed, 2 full bath ranch located in North Framingham. Stunning eat-in kitchen with granite counters, stainless steel appliances, and gas cooking. Entertaining is made seamless here as the kitchen is adjacent to your living room and opens to the large dining room featuring a fireplace encased in artfully designed stone. You will love the oversized primary bedroom with cathedral ceiling and walk-in closet, plus 3 other generously-sized bedrooms. Spacious fenced-in yard with an inviting patio that calls for friends and family to socialize, plus a storage shed, and irrigation system. Conveniently located near routes 9,20,30 and 90.
Unit Size
1,906 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$333
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1953

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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: 6 months ago (MLSPIN #73135594)

Price History

Date / Event Date Event Price
Sep 28, 2023 Sold
Premium
Sold
Aug 31, 2023 In contract -
In contract
Aug 24, 2023 Relisted $634,900
Relisted
Jul 18, 2023 In contract -
In contract
Jul 12, 2023 Listed by 29 Realty Group, Inc. $634,900
Listed by 29 Realty Group, Inc.
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,672
  • Total Building Area: 1,906
  • Gross Building Area: 1,906
  • Building Area: 1,906
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,906
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000245
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383800

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_677185_2944745
  • Parcel: FRAM M:038 B:74 L:1784 U:000
  • Block: 74
  • Lot: 1784
  • Municipality: FRAMINGHAM
  • Latitude: 42.3285
  • Longitude: -71.4223

    Address

  • Full Address: 495 Water St
  • Address - House Number: 495
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C029
  • 4-Digit Zip Code: 7611
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $601,300

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 645,023
  • High Value: 763,595
  • Low Value: 526,452

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $482,600
  • Assessed Land Value: $233,700
  • Assessed Improvements Value: $248,900

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1944946
  • Previous Sale Recording Date: Jun 28, 2004
  • Previous Sale Amount: $319,900
  • Previous Sale Document Type: 48
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

1926 ft²

Average Home Age

61.3 years

Currently For Sale

101 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: 6 months ago
Data Source: MLS PIN, MLS# 73135594

Frequently Asked Questions

When was property at 495 Water Street built and last sold?
The property at 495 Water Street was built in 1953 and last sold on Sep 28, 2023 for $660,000.
How much is this home worth?
The estimated value of the home located at 495 Water Street is $644,115.
What are some comparable homes to 495 Water Street?
There are currently no comparable homes to 495 Water Street.
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