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Framingham 01701
5 Fairbanks Road
Photo of 5 Fairbanks Road
Sold on Jan 24, 2007

1

Map

$350,000
● House - Off Market

5 Fairbanks Road

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,120 Ft²
$714,260
RealtyHop Estimate
90.52%
Since Feb 1, 2007
MA-Boston
Primary Model

About This Property

Great 3 bedroom multi-level home across from park and pond. Sliders to large, fenced-in level yard with patio. Second sliders to large deck. Cathedral ceiling in living room and dining room. 1 car attachad garage.Hardwood floor on first and second level. Great location - close to all major highways, shopping, medical facilities, restaurants and entertainment. New A/C and furnace. Newer windows, slider door and roof. Easy to show!!!
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$335
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1959

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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 #70475024)

Price History

Date / Event Date Event Price
Jun 15, 2011 Sold
Premium
Sold
Nov 18, 2010 Listed $289,900
Listed
Jan 26, 2007 Sold
Premium
Sold
Oct 13, 2006 Listed $374,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 2
  • Basement Area: 1,077
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,935
  • Total Building Area: 1,120
  • Gross Building Area: 2,853
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TWIN POND ESTATES
  • Land Acres: 0000000274
  • 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_680077_2934391
  • Parcel: FRAM M:092 B:04 L:0379 U:000
  • Block: 4
  • Lot: 379
  • Municipality: FRAMINGHAM
  • Latitude: 42.3001
  • Longitude: -71.4117

    Address

  • Full Address: 5 Fairbanks Rd
  • Address - House Number: 5
  • Address - Street Name: Fairbanks
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C009
  • 4-Digit Zip Code: 7911
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $639,400

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 598,835
  • High Value: 697,357
  • Low Value: 500,314

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $513,200
  • Assessed Land Value: $234,900
  • Assessed Improvements Value: $278,300

    Sales

  • Current Sale Recording Date: Jun 15, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000010
  • Previous Sale Recording Date: Jan 26, 2007
  • Previous Sale Amount: $350,000
  • 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:

$675,000

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2000 ft²

Average Home Age

62.7 years

Currently For Sale

122 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

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70475024

Frequently Asked Questions

When was property at 5 Fairbanks Road built and last sold?
The property at 5 Fairbanks Road was built in 1959 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 5 Fairbanks Road is $307,813.
What are some comparable homes to 5 Fairbanks Road?
There are currently no comparable homes to 5 Fairbanks Road.
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