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Framingham 01701
51 Sloane Drive
$488,400
● House - Off Market

51 Sloane Drive

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,412 Ft²
$522,562
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Don't miss this beautiful "L" shape Ranch set in the heart of this desirable North Framingham neighborhood. So many improvements including new roof, boiler, A/C, 200 AMP service, windows, driveway, siding, wood laminate flooring and interior paint. Beautifully set with level back yard backing up to sloping woods and privacy. Ideal location on the Sudbury line close to schools, shopping, Callahan State Park, Woodfield park and all major commuting routes.
Unit Size
1,412 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$344
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1958

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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 #73052064)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Oct 26, 2022 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $486,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Aug 23, 2013 Sold
Premium
Sold
Jun 18, 2013 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $326,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Apr 17, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1966
  • 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: 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,430
  • Total Building Area: 1,344
  • Gross Building Area: 1,920
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEFIELD II FRAMINGHAM
  • Land Acres: 0000000469
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_677768_2948403
  • Parcel: FRAM M:017 B:78 L:7460 U:000
  • Block: 78
  • Lot: 7460
  • Municipality: FRAMINGHAM
  • Latitude: 42.3386
  • Longitude: -71.4202

    Address

  • Full Address: 51 Sloane Dr
  • Address - House Number: 51
  • Address - Street Name: Sloane
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C048
  • 4-Digit Zip Code: 3280
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $610,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 607,631
  • High Value: 707,599
  • Low Value: 507,662

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $490,200
  • Assessed Land Value: $242,500
  • Assessed Improvements Value: $247,700

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 179562
  • Previous Sale Recording Date: Aug 23, 2013
  • Previous Sale Amount: $322,000
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73052064

Frequently Asked Questions

When was property at 51 Sloane Drive built and last sold?
The property at 51 Sloane Drive was built in 1958 and last sold on Dec 9, 2022 for $488,400.
How much is this home worth?
The estimated value of the home located at 51 Sloane Drive is $486,957.
What are some comparable homes to 51 Sloane Drive?
There are currently no comparable homes to 51 Sloane Drive.
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