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Framingham 01701
5 Florita Drive
$556,500
● House - Off Market

5 Florita Drive

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,128 Ft²
$547,983
RealtyHop Estimate
12.06%
Since Jan 1, 2022
MA-Boston
Primary Model

About This Property

PRIDE OF OWNERSHIP SHOWS IN THIS 3 BEDROOM 2 BATH PARTIALLY DORMERED CAPE*FULLY APPLIANCED GRANITE AND STAINLESS STEEL KITCHEN *FIREPLACED LIVING ROOM/DINING ROOM*1ST FLOOR BEDROOM*NEWLY REFINISHED HARDWOOD FLOORS ON 1ST AND 2ND FLOOR*BRAND NEW WATER MAIN AND CHIMNEY LINER 2021*NEWER ROOF*100 AMP CIRCUIT BREAKERS*HEATED SUNROOM/PORCH*DIRECT ACCESS ONE CAR GARAGE PLUS 4-5 OFF STREET PARKING SPOTS*DECK LOOKING AT BEAUTIFULLY LANDSCAPED FENCED IN YARD*PARTIALLY FINISHED LOWER LEVEL PERFECT FOR A FAMILY ROOM*BONUS WORKSHOP*GREAT COMMUTER LOCATION*NEAR ALL MAJOR ROUTES*MINUTES TO SHOPPING, RESTAURANTS, SUPERMARKETS AND SO MUCH MORE...
Unit Size
2,128 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$230
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1946

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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: 5 years ago (MLSPIN #72918825)

Price History

Date / Event Date Event Price
Dec 28, 2021 Sold
Premium
Sold
Nov 10, 2021 Listed by Compass $489,000
Listed by Compass
Feb 1, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • 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: 720
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,106
  • Total Building Area: 1,391
  • Gross Building Area: 2,852
  • Building Area: 1,391
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,391
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383903

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_674210_2939095
  • Parcel: FRAM M:068 B:49 L:2019 U:000
  • Block: 49
  • Lot: 2019
  • Municipality: FRAMINGHAM
  • Latitude: 42.313
  • Longitude: -71.4333

    Address

  • Full Address: 5 Florita Dr
  • Address - House Number: 5
  • Address - Street Name: Florita
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C037
  • 4-Digit Zip Code: 4339
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $691,300

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 610,432
  • High Value: 747,526
  • Low Value: 473,338

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $554,800
  • Assessed Land Value: $233,200
  • Assessed Improvements Value: $321,600

    Sales

  • Current Sale Contract Date: Dec 28, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 278831
  • Previous Sale Recording Date: Feb 01, 1994
  • Previous Sale Amount: $163,900
  • 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

$365

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2058 ft²

Average Home Age

59.3 years

Currently For Sale

125 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: 5 years ago
Data Source: MLS PIN, MLS# 72918825

Frequently Asked Questions

When was property at 5 Florita Drive built and last sold?
The property at 5 Florita Drive was built in 1946 and last sold on Dec 28, 2021 for $556,500.
How much is this home worth?
The estimated value of the home located at 5 Florita Drive is $514,808.
What are some comparable homes to 5 Florita Drive?
There are currently no comparable homes to 5 Florita Drive.
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