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Framingham 01701
5 Arnold Road
$437,500
● House - Off Market

5 Arnold Road

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,824 Ft²
$808,726
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

PRICE REDUCTION!!! Nestled on a Cul-de-Sac in North Framingham, this 4 bedroom 2 1/2 bath Garrison colonial is move in ready. The bright and sunny eat-in-kitchen has sliders that lead to a large deck overlooking a huge private level backyard. Large livingroom opens to a formal diningroom. Fireplaced familyroom - half bath and first floor laundry complete the main floor. Updated baths offer tile flooring and new fixtures.Extra large bedrooms with spacious closets. Entertainment sized full finished basement with BRAND NEW carpeting-Great tor kid's playroom. Central Air, 2 car attached garage, FRESHLY painted exterior. Convenient location close to schools, shopping and all Major Routes. This is truly a GREAT home in a GREAT location!!!  One Year Home Warranty included for Buyer!!!!
Unit Size
2,824 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$163
Property Type
House
Property Taxes
$691
HOA Dues
-
Year Built
1979

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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: 4 months ago (MLSPIN #71846188)

Price History

Date / Event Date Event Price
Dec 23, 2015 Sold
Premium
Sold
May 28, 2015 Listed by Coldwell Banker Residential Brokerage - Framingham $460,000
Listed by Coldwell Banker Residential Brokerage - Framingham

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 1,346
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,180
  • Total Building Area: 2,478
  • Gross Building Area: 4,400
  • Building Area: 2,478
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,478
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000601
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_671394_2935850
  • Parcel: FRAM M:089 B:15 L:3894 U:000
  • Block: 15
  • Lot: 3894
  • Municipality: FRAMINGHAM
  • Latitude: 42.3042
  • Longitude: -71.4438

    Address

  • Full Address: 5 Arnold Rd
  • Address - House Number: 5
  • Address - Street Name: Arnold
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C028
  • 4-Digit Zip Code: 2501
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $970,800

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 848,092
  • High Value: 995,535
  • Low Value: 700,648

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $779,100
  • Assessed Land Value: $262,100
  • Assessed Improvements Value: $517,000

    Sales

  • Current Sale Recording Date: Dec 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 218457
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

2069 ft²

Average Home Age

62.9 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71846188

Frequently Asked Questions

When was property at 5 Arnold Road built and last sold?
The property at 5 Arnold Road was built in 1979 and last sold on Jan 1, 1970 for $437,500.
How much is this home worth?
The estimated value of the home located at 5 Arnold Road is $489,640.
What are some comparable homes to 5 Arnold Road?
There are currently no comparable homes to 5 Arnold Road.
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