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Framingham 01701
51 Simpson Dr
$445,000
● House - Off Market

51 Simpson Dr

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,614 Ft²
$614,278
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

Gorgeous inside and out! Welcome home to this meticulously kept, Move in Ready single family home in sought after N. Framingham. Located close to everything, yet on a quiet side street sits this 3 bedroom, 1.5 bath beauty The main level boasts hardwoods thru-out, an X-large chefs kitchen with 42in maple cabinets, SS appliances with breakfast bar. All 3 bedrooms are good sized and surround a full bath. Downstairs is the perfect rec room/office with half bath and washer dryer, tons of storage and access to the 1 car garage. All this plus a picturesque, flat backyard, gas heat and freshly painted interior. You do not want to miss this one!
Unit Size
1,614 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$257
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1954

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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 months ago (MLSPIN #72367769)

Price History

Date / Event Date Event Price
Sep 14, 2018 Sold
Premium
Sold
Jul 24, 2018 Listed by Keller Williams Realty $415,000
Listed by Keller Williams Realty
Jun 22, 2016 Sold
Premium
Sold
Jun 25, 2015 Sold
Premium
Sold
Apr 21, 2015 Listed by Keller Williams Realty $326,900
Listed by Keller Williams Realty
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,064
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,280
  • Total Building Area: 1,064
  • Gross Building Area: 2,153
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383800

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_679941_2943196
  • Parcel: FRAM M:049 B:93 L:9149 U:000
  • Block: 93
  • Lot: 9149
  • Municipality: FRAMINGHAM
  • Latitude: 42.3242
  • Longitude: -71.4121

    Address

  • Full Address: 51 Simpson Dr
  • Address - House Number: 51
  • Address - Street Name: Simpson
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C043
  • 4-Digit Zip Code: 4067
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $670,100

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 651,352
  • High Value: 759,358
  • Low Value: 543,346

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $537,800
  • Assessed Land Value: $233,300
  • Assessed Improvements Value: $304,500

    Sales

  • Current Sale Recording Date: Sep 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1797376
  • Previous Sale Recording Date: Jun 25, 2015
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: O
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

2074 ft²

Average Home Age

63 years

Currently For Sale

137 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 months ago
Data Source: MLS PIN, MLS# 72367769

Frequently Asked Questions

When was property at 51 Simpson Drive built and last sold?
The property at 51 Simpson Drive was built in 1954 and last sold on Jan 1, 1970 for $445,000.
How much is this home worth?
The estimated value of the home located at 51 Simpson Drive is $426,659.
What are some comparable homes to 51 Simpson Drive?
There are currently no comparable homes to 51 Simpson Drive.
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