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Framingham 01702
6 Cedar Place
$141,000
● House - Off Market

6 Cedar Place

Framingham, MA 01702
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,024 Ft²
$250,195
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

We're in negotiations but until signatures are complete, it's available for viewing and purchase.  MULTIPLE OFFERS - NEW ROOF, NEW WINDOWS, HOT WATER TANK 41 short INSTALLED, Bannisters, mud, tape and paint.  2nd floor Office.  PASSED ELECTRICAL ROUGH INSPECTION 90% of sheetrock completed. Walk to beach. CASH buyer. Radon remediation needed. Provide POF prior to showing.
Unit Size
1,024 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$146
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1902

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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 #72023508)

Price History

Date / Event Date Event Price
Jul 6, 2016 Sold
Premium
Sold
Jun 15, 2016 Listed by Keller Williams Realty Boston-Metro | Back Bay $150,000
Listed by Keller Williams Realty Boston-Metro | Back Bay
Jul 31, 2015 Sold
Premium
Sold
May 7, 2015 Listed by Keller Williams Realty Boston-Metro | Back Bay $129,900
Listed by Keller Williams Realty Boston-Metro | Back Bay
Aug 15, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 494
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,182
  • Total Building Area: 1,020
  • Gross Building Area: 1,720
  • Building Area: 1,020
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,020
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • 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_677732_2924142
  • Parcel: FRAM M:134 B:74 L:7134 U:000
  • Block: 74
  • Lot: 7134
  • Municipality: FRAMINGHAM
  • Latitude: 42.272
  • Longitude: -71.4203

    Address

  • Full Address: 6 Cedar Pl
  • Address - House Number: 6
  • Address - Street Name: Cedar
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Framingham
  • Carrier Code: C073
  • 4-Digit Zip Code: 6929
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $445,200

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 436,258
  • High Value: 508,032
  • Low Value: 364,483

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $357,300
  • Assessed Land Value: $177,000
  • Assessed Improvements Value: $180,300

    Sales

  • Current Sale Recording Date: Jul 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 111950
  • Previous Sale Recording Date: Jul 31, 2015
  • Previous Sale Amount: $119,000
  • 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

$364

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2032 ft²

Average Home Age

60.9 years

Currently For Sale

134 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72023508

Frequently Asked Questions

When was property at 6 Cedar Place built and last sold?
The property at 6 Cedar Place was built in 1902 and last sold on Jan 1, 1970 for $141,000.
How much is this home worth?
The estimated value of the home located at 6 Cedar Place is $162,141.
What are some comparable homes to 6 Cedar Place?
There are currently no comparable homes to 6 Cedar Place.
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