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Framingham 01701
6 Lyman Rd.
$305,000
● House - Off Market

6 Lyman Rd.

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,895 Ft²
$574,937
RealtyHop Estimate
82.58%
Since May 1, 2014
MA-Boston
Primary Model

About This Property

OPEN-HOUSE, SUNDAY 12:30-2   North Framingham location... Bright, spacious multi level home consisting of 3 bedrooms, 1.5 bath,gleaming hardwood floors, central air, 1 car garage, in-ground pool, spacious finished lower level, updated kitchen, dining room with access to deck and large livingroom with fireplace and beautiful bow window. This lovely home is situated on 20,473 of land. WELCOME HOME!!!.
Unit Size
1,895 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$166
Property Type
House
Property Taxes
$462
HOA Dues
-
Year Built
1960

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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 #71609865)

Price History

Date / Event Date Event Price
Oct 28, 2020 Sold
Premium
Sold
Aug 25, 2020 Listed by Realty Executives $499,900
Listed by Realty Executives
Apr 23, 2014 Sold
Premium
Sold
Nov 19, 2013 Listed by Realty Executives $314,900
Listed by Realty Executives
Jul 29, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 6
  • Basement Area: 1,080
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,604
  • Total Building Area: 1,103
  • Gross Building Area: 2,375
  • Building Area: 1,103
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,103
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEBROOK ESTATES
  • Land Acres: 0000000473
  • 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_672854_2942277
  • Parcel: FRAM M:047 B:22 L:8257 U:000
  • Block: 22
  • Lot: 8257
  • Municipality: FRAMINGHAM
  • Latitude: 42.3219
  • Longitude: -71.4384

    Address

  • Full Address: 6 Lyman Rd
  • Address - House Number: 6
  • Address - Street Name: Lyman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C039
  • 4-Digit Zip Code: 3831
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $664,400

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 619,850
  • High Value: 722,632
  • Low Value: 517,067

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,200
  • Assessed Land Value: $242,700
  • Assessed Improvements Value: $290,500

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Oct 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 198819
  • Previous Sale Recording Date: Apr 23, 2014
  • Previous Sale Amount: $305,000
  • 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

2069 ft²

Average Home Age

62.9 years

Currently For Sale

138 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# 71609865

Frequently Asked Questions

When was property at 6 Lyman Road built and last sold?
The property at 6 Lyman Road was built in 1960 and last sold on Sep 29, 2020 for $485,000.
How much is this home worth?
The estimated value of the home located at 6 Lyman Road is $507,733.
What are some comparable homes to 6 Lyman Road?
There are currently no comparable homes to 6 Lyman Road.
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