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Framingham 01702
5 Goodnow Lane
$735,000
● House - Off Market

5 Goodnow Lane

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,736 Ft²
$927,715
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

This 4 bedroom, 3 full bath Colonial is set back from the road, nestled on a lovely wooded lot that provides privacy and serene views.  The  kitchen is oversized with wrap around counter and potential for a center island.  The approx. 25' by 25' Great room is the highlight of the 1st floor with vaulted ceilings, plenty of light and a fireplace. Many flexible layout options and multiple use areas in the Great room and possible first floor bedroom suite.  Did we mention all the hardwood along with lovely wood trim?  The 2nd floor offers 4 bedrooms including the Master suite.  The huge basement is also loaded with possibilities.  The location is convenient to everything the area has to offer. Easy access to the Mass Pike and walking distance to the Framingham Country Club.
Unit Size
2,736 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$256
Property Type
House
Property Taxes
$875
HOA Dues
-
Year Built
1997

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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 years ago (MLSPIN #72745810)

Price History

Date / Event Date Event Price
Nov 23, 2020 Sold
Premium
Sold
Oct 20, 2020 Listed by Sloane Realty Group $699,900
Listed by Sloane Realty Group
Feb 28, 1997 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 7
  • Basement Area: 1,796
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,926
  • Gross Building Area: 5,034
  • Building Area: 2,926
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,926
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000001000
  • 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_662784_2931866
  • Parcel: FRAM M:106 B:21 L:7886 U:000
  • Block: 21
  • Lot: 7886
  • Municipality: FRAMINGHAM
  • Latitude: 42.2933
  • Longitude: -71.4756

    Address

  • Full Address: 5 Goodnow Ln
  • Address - House Number: 5
  • Address - Street Name: Goodnow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Framingham
  • Carrier Code: R002
  • 4-Digit Zip Code: 5575
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,118,900

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 987,181
  • High Value: 1,142,818
  • Low Value: 831,545

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $898,000
  • Assessed Land Value: $304,900
  • Assessed Improvements Value: $593,100

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 221386
  • Previous Sale Recording Date: Feb 28, 1997
  • Previous Sale Amount: $70,000
  • 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

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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72745810

Frequently Asked Questions

When was property at 5 Goodnow Lane built and last sold?
The property at 5 Goodnow Lane was built in 1997 and last sold on Nov 13, 2020 for $735,000.
How much is this home worth?
The estimated value of the home located at 5 Goodnow Lane is $0.
What are some comparable homes to 5 Goodnow Lane?
There are currently no comparable homes to 5 Goodnow Lane.
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