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Framingham 01701
5 Parmenter Rd
$639,500
● House - Off Market

5 Parmenter Rd

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,265 Ft²
$1,135,082
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

This classic and elegant home is only a stones throw from the historic Wayside Inn on the Sudbury line.  An impeccable property that has been recently updated with all the right details. A complete kitchen renovation with solid cherry cabinets, new appliances and an open design that flows easily into the vaulted family room. There is a four-season room with heat and air conditioning that overlooks a picturesque private back yard.  Upstairs you will find a large master suite with a  walk- in closet and storage with a complete laundry center; full master bath with separate shower and tub. The finished lower level consists of a family room with built ins - a gym / work out room, and a huge storage utility room. Situated on a beautifully landscaped lot.
Unit Size
3,265 Ft²
Days on Market
-
Land Size
1.33 acres
Price per sqft
$196
Property Type
House
Property Taxes
$900
HOA Dues
-
Year Built
1985

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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 months ago (MLSPIN #71910913)

Price History

Date / Event Date Event Price
Dec 9, 2015 Sold
Premium
Sold
Sep 27, 2015 Listed by William Raveis R.E. & Home Services $639,500
Listed by William Raveis R.E. & Home Services
Jul 29, 2010 Sold
Premium
Sold
May 24, 2010 Listed by William Raveis R.E. & Home Services $609,900
Listed by William Raveis R.E. & Home Services
Jul 16, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,292
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,177
  • Total Building Area: 2,636
  • Gross Building Area: 4,984
  • Building Area: 2,636
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,636
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000001106
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383904

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_663789_2952977
  • Parcel: FRAM M:002 B:32 L:7987 U:000
  • Block: 32
  • Lot: 7987
  • Municipality: FRAMINGHAM
  • Latitude: 42.3509
  • Longitude: -71.4718

    Address

  • Full Address: 5 Parmenter Rd
  • Address - House Number: 5
  • Address - Street Name: Parmenter
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: R001
  • 4-Digit Zip Code: 3018
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,146,900

    Appraisal Valuation

  • Standard Deviation: 0.1544
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 1,044,816
  • High Value: 1,206,150
  • Low Value: 883,482

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $920,500
  • Assessed Land Value: $307,500
  • Assessed Improvements Value: $613,000

    Sales

  • Current Sale Recording Date: Dec 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 209216
  • Previous Sale Recording Date: Jul 29, 2010
  • Previous Sale Amount: $583,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2059 ft²

Average Home Age

61.2 years

Currently For Sale

128 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 months ago
Data Source: MLS PIN, MLS# 71910913

Frequently Asked Questions

When was property at 5 Parmenter Road built and last sold?
The property at 5 Parmenter Road was built in 1985 and last sold on Jan 1, 1970 for $639,500.
How much is this home worth?
The estimated value of the home located at 5 Parmenter Road is $672,769.
What are some comparable homes to 5 Parmenter Road?
There are currently no comparable homes to 5 Parmenter Road.
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