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Framingham 01702
58 Mellen St
$175,000
● House - Off Market

58 Mellen St

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,568 Ft²
$398,544
RealtyHop Estimate
115.55%
Since Dec 1, 2011
MA-Boston
Primary Model

About This Property

WELL MAINTAINED COLONIAL,3 BEDROOMS 1 AND 1/2 BATHS NEW WINDOWS ,NEW ROOF,  MANY UPDATES /FAMILY ROOM AND OFFICE IN THE BASEMENT /LAUNDRY /
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$118
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1910

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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 #71184573)

Price History

Date / Event Date Event Price
Nov 15, 2011 Sold
Premium
Sold
Feb 3, 2011 Listed by RE/MAX One Call Realty $184,900
Listed by RE/MAX One Call Realty
Nov 6, 2002 Sold
Premium
Sold
Aug 12, 2002 Listed by RE/MAX One Call Realty $269,900
Listed by RE/MAX One Call Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • 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: 5
  • Exterior Walls Type: 19
  • 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: 784
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,540
  • Total Building Area: 1,568
  • Gross Building Area: 2,472
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383200

Zoning

  • Zoning: G

Geography

  • Account Number: F_676681_2924256
  • Parcel: FRAM M:134 B:64 L:6285 U:000
  • Block: 64
  • Lot: 6285
  • Municipality: FRAMINGHAM
  • Latitude: 42.2723
  • Longitude: -71.4244

    Address

  • Full Address: 58 Mellen St
  • Address - House Number: 58
  • Address - Street Name: Mellen
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C073
  • 4-Digit Zip Code: 8525
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $486,300

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 494,051
  • High Value: 589,343
  • Low Value: 398,760

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $390,300
  • Assessed Land Value: $180,700
  • Assessed Improvements Value: $209,600

    Sales

  • Current Sale Recording Date: Nov 15, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000020
  • Previous Sale Recording Date: Nov 06, 2002
  • Previous Sale Amount: $268,000
  • 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

$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# 71184573

Frequently Asked Questions

When was property at 58 Mellen Street built and last sold?
The property at 58 Mellen Street was built in 1910 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 58 Mellen Street is $210,355.
What are some comparable homes to 58 Mellen Street?
There are currently no comparable homes to 58 Mellen Street.
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