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Framingham 01701
563 Grove St
$620,250
● House - Off Market

563 Grove St

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,127 Ft²
$1,377,861
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Beautiful brink front Georgian colonial in sought after area of North Framingham.  New kitchen with honed granite counter tops, black walnut center island, stainless steel appliances and hardwood floors throughout.  Family room with floor to ceiling fieldstone fireplace and slider to gorgeous in-ground pool and patios.  All on two acres of lovely landscaping and wooded privacy.
Unit Size
3,127 Ft²
Days on Market
-
Land Size
1.79 acres
Price per sqft
$205
Property Type
House
Property Taxes
$800
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71374267)

Price History

Date / Event Date Event Price
Jun 22, 2012 Sold
Premium
Sold
Apr 27, 2012 Listed by ERA Key Realty Services- Fram $639,900
Listed by ERA Key Realty Services- Fram
Sep 8, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,851
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 77,972
  • Total Building Area: 3,127
  • Gross Building Area: 6,318
  • Building Area: 3,127
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,127
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001790
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383902

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_670031_2941004
  • Parcel: FRAM M:056 B:01 L:0030 U:000
  • Block: 1
  • Lot: 30
  • Municipality: FRAMINGHAM
  • Latitude: 42.3182
  • Longitude: -71.4492

    Address

  • Full Address: 563 Grove St
  • Address - House Number: 563
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C040
  • 4-Digit Zip Code: 3720
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,239,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,082,340
  • High Value: 1,270,309
  • Low Value: 894,371

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $995,100
  • Assessed Land Value: $324,400
  • Assessed Improvements Value: $670,700

    Sales

  • Current Sale Recording Date: Jun 22, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127337
  • Previous Sale Recording Date: Sep 08, 1992
  • Previous Sale Amount: $280,000
  • 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

$365

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2027 ft²

Average Home Age

60.7 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71374267

Frequently Asked Questions

When was property at 563 Grove Street built and last sold?
The property at 563 Grove Street was built in 1971 and last sold on Jan 1, 1970 for $620,250.
How much is this home worth?
The estimated value of the home located at 563 Grove Street is $667,617.
What are some comparable homes to 563 Grove Street?
There are currently no comparable homes to 563 Grove Street.
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