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Framingham 01701
56 Florita Dr
$410,000
● House - Off Market

56 Florita Dr

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,020 Ft²
$509,239
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Looking for a full basement ranch to make your own? Look no further!  This nicely maintained ranch style home offers hardwood flooring in 3 nice size bedrooms  a large fire-placed living room with built-ins and a dining room.  You will love the recently remodeled full bath with ceramic tile.  The country kitchen has lots of charm and leads to a warm and inviting 3 season porch/sun room perfect for a afternoon nap or a peaceful dinner.  This home also offers a level fenced back yard and a one car garage with plenty of storage space. Solar Hot Water System includes a high efficiency Rheem hot water tank. All of this and only minutes to shopping, dining, library, hiking trails and major routes. Home sits across from state conservation land.
Unit Size
1,020 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$387
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1951

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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 years ago (MLSPIN #72720028)

Price History

Date / Event Date Event Price
Oct 23, 2020 Sold
Premium
Sold
Sep 3, 2020 Listed by Coldwell Banker Realty - Waltham $395,000
Listed by Coldwell Banker Realty - Waltham
Apr 21, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 2
  • Basement Area: 1,007
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,007
  • Gross Building Area: 2,391
  • Building Area: 1,007
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,007
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383903

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_674563_2938608
  • Parcel: FRAM M:068 B:48 L:5660 U:000
  • Block: 48
  • Lot: 5660
  • Municipality: FRAMINGHAM
  • Latitude: 42.3117
  • Longitude: -71.432

    Address

  • Full Address: 56 Florita Dr
  • Address - House Number: 56
  • Address - Street Name: Florita
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C037
  • 4-Digit Zip Code: 4340
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $615,000

    Appraisal Valuation

  • Standard Deviation: 0.2374
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 518,729
  • High Value: 641,916
  • Low Value: 395,542

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $493,600
  • Assessed Land Value: $232,700
  • Assessed Improvements Value: $260,900

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 195022
  • Previous Sale Recording Date: Apr 21, 1998
  • Previous Sale Amount: $154,275
  • 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

1957 ft²

Average Home Age

59.9 years

Currently For Sale

111 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 years ago
Data Source: MLS PIN, MLS# 72720028

Frequently Asked Questions

When was property at 56 Florita Drive built and last sold?
The property at 56 Florita Drive was built in 1951 and last sold on Oct 21, 2020 for $410,000.
How much is this home worth?
The estimated value of the home located at 56 Florita Drive is $398,702.
What are some comparable homes to 56 Florita Drive?
There are currently no comparable homes to 56 Florita Drive.
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