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Framingham 01702
59 Lawrence
$425,000
● House - Off Market

59 Lawrence

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,072 Ft²
$469,134
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

A unique home that needs a bit of TLC. Perfect for an end user that wants to do some work.Eight large and spacious rooms with great ceiling height on two main floors.4 bedrooms, 2 indoor porches ( one one first floor one on the second floor.) Large back yard and side yard area. This is Amazing opportunity to live in close proximity to shops, public transportation, Framingham Center , public transportation, commuter rail & highway access. Large third floor room/ attic with windows.
Unit Size
2,072 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$217
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1917

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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 #73009592)

Price History

Date / Event Date Event Price
Aug 11, 2022 Sold
Premium
Sold
Jul 10, 2022 Listed by William Raveis R.E. & Home Services $449,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • 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: 1,024
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,140
  • Total Building Area: 2,328
  • Gross Building Area: 3,352
  • Building Area: 2,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,328
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000118
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383402

Zoning

  • Zoning: G

Geography

  • Account Number: F_680144_2927811
  • Parcel: FRAM M:128 B:07 L:1841 U:000
  • Block: 7
  • Lot: 1841
  • Municipality: FRAMINGHAM
  • Latitude: 42.2821
  • Longitude: -71.4114

    Address

  • Full Address: 59 Lawrence St
  • Address - House Number: 59
  • Address - Street Name: Lawrence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C007
  • 4-Digit Zip Code: 6452
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $532,700

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 554,225
  • High Value: 656,656
  • Low Value: 451,793

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $427,500
  • Assessed Land Value: $192,800
  • Assessed Improvements Value: $234,700

    Sales

  • Current Sale Contract Date: Aug 11, 2022
  • Current Sale Recording Date: Aug 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 123304
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

$363

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2076 ft²

Average Home Age

62.4 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

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73009592

Frequently Asked Questions

When was property at 59 Lawrence Street built and last sold?
The property at 59 Lawrence Street was built in 1917 and last sold on Aug 11, 2022 for $425,000.
How much is this home worth?
The estimated value of the home located at 59 Lawrence Street is $465,276.
What are some comparable homes to 59 Lawrence Street?
There are currently no comparable homes to 59 Lawrence Street.
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