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Framingham 01701
55 Sloane
$177,500
● House - Off Market

55 Sloane

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,415 Ft²
$425,717
RealtyHop Estimate
112.96%
Since Nov 1, 2011
MA-Boston
Primary Model

About This Property

Calling all contractors,& builders opportunity knocks for this redo or flip. Located in Nobscot area of Framingham.Wonderful location. House needs renovations or may be possible for a new house to be built subject to town approvals.Plans and approvals to be buyers responsibility.Being sold "AS IS" and the Price reflects work needed but should reward the any buyer with the talent to make this house a home again! Possibilities endless bring your creative talent.....
Unit Size
1,415 Ft²
Days on Market
-
Land Size
-
Price per sqft
$141
Property Type
House
Property Taxes
$375
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: 5 months ago (MLSPIN #71296382)

Price History

Date / Event Date Event Price
Sep 6, 2019 Sold
Premium
Sold
Feb 28, 2012 Sold
Premium
Sold
Oct 25, 2011 Sold
Premium
Sold
Oct 5, 2011 Listed by SLK Real Estate $199,900
Listed by SLK Real Estate

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1966
  • 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: 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: 20,473
  • Total Building Area: 1,415
  • Gross Building Area: 1,883
  • Building Area: 1,415
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,415
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEFIELD II FRAMINGHAM
  • Land Acres: 0000000470
  • 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_677914_2948540
  • Parcel: FRAM M:017 B:78 L:9514 U:000
  • Block: 78
  • Lot: 9514
  • Municipality: FRAMINGHAM
  • Latitude: 42.339
  • Longitude: -71.4197

    Address

  • Full Address: 55 Sloane Dr
  • Address - House Number: 55
  • 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: $695,600

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 643,614
  • High Value: 750,337
  • Low Value: 536,891

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $558,300
  • Assessed Land Value: $242,600
  • Assessed Improvements Value: $315,700

    Sales

  • Current Sale Contract Date: Sep 06, 2019
  • Current Sale Recording Date: Sep 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 135146
  • Previous Sale Recording Date: Feb 28, 2012
  • Previous Sale Amount: $310,000
  • 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

$365

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2058 ft²

Average Home Age

59.3 years

Currently For Sale

125 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: 5 months ago
Data Source: MLS PIN, MLS# 71296382

Frequently Asked Questions

When was property at 55 Sloane Drive built and last sold?
The property at 55 Sloane Drive was built in 1958 and last sold on Sep 6, 2019 for $457,000.
How much is this home worth?
The estimated value of the home located at 55 Sloane Drive is $227,166.
What are some comparable homes to 55 Sloane Drive?
There are currently no comparable homes to 55 Sloane Drive.
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