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Framingham 01701
5 Michaud Dr
$369,900
● House - Off Market

5 Michaud Dr

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,440 Ft²
$571,889
RealtyHop Estimate
68.25%
Since Jun 1, 2016
MA-Boston
Primary Model

About This Property

Great location with beautiful flat backyard.  Eat-in kitchen with newer stove and indirect lights.  Hardwood floors in fireplace living room and dining room.  Hardwood floors in all 3 bedrooms.  Main bath has large vanity with make-up area.  Newer Buderus boiler and newer oil tank (2009).  Updated 100 amp circuit breakers.  Walk out to backyard and patio from family room.  Newer roof (2015).  Show & sell!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$236
Property Type
House
Property Taxes
$452
HOA Dues
-
Year Built
1964

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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: 6 months ago (MLSPIN #71980505)

Price History

Date / Event Date Event Price
May 23, 2016 Sold
Premium
Sold
Mar 31, 2016 Listed by ERA Key Realty Services- Fram $339,900
Listed by ERA Key Realty Services- Fram

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1969
  • 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: 41
  • 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: 1,104
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,926
  • Total Building Area: 1,152
  • Gross Building Area: 2,724
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000687
  • 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_676043_2938251
  • Parcel: FRAM M:069 B:68 L:0245 U:000
  • Block: 68
  • Lot: 245
  • Municipality: FRAMINGHAM
  • Latitude: 42.3106
  • Longitude: -71.4266

    Address

  • Full Address: 5 Michaud Dr
  • Address - House Number: 5
  • Address - Street Name: Michaud
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C069
  • 4-Digit Zip Code: 4824
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $656,100

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 595,635
  • High Value: 705,128
  • Low Value: 486,142

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $526,600
  • Assessed Land Value: $265,700
  • Assessed Improvements Value: $260,900

    Sales

  • Current Sale Recording Date: May 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80952
  • Previous Sale Recording Date: May 23, 2013
  • 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

1987 ft²

Average Home Age

58.1 years

Currently For Sale

106 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: 6 months ago
Data Source: MLS PIN, MLS# 71980505

Frequently Asked Questions

When was property at 5 Michaud Drive built and last sold?
The property at 5 Michaud Drive was built in 1964 and last sold on Jan 1, 1970 for $369,900.
How much is this home worth?
The estimated value of the home located at 5 Michaud Drive is $355,261.
What are some comparable homes to 5 Michaud Drive?
There are currently no comparable homes to 5 Michaud Drive.
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