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Framingham 01701
61 Gregory Rd
$391,000
● House - Off Market

61 Gregory Rd

Framingham, MA 01701
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,091 Ft²
$466,362
RealtyHop Estimate
19.61%
Since Apr 1, 2021
MA-Boston
Primary Model

About This Property

Amazing Framingham home with so much potential! Conveniently located mere minutes to the Massachusetts turnpike, this property sits on just under a half acre of land and offers plenty of parking. This L shaped ranch boasts a very spacious layout with ample beds and baths, and there is considerable potential to customize to your needs. Some renovation is needed but will be well worth the effort! Great investment or opportunity for an owner occupant to customize to their tastes! With your TLC this home will shine!
Unit Size
2,091 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$186
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1966

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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: 4 years ago (MLSPIN #72782943)

Price History

Date / Event Date Event Price
Mar 23, 2021 Sold
Premium
Sold
Feb 4, 2021 Listed by Coldwell Banker Realty - Framingham $389,900
Listed by Coldwell Banker Realty - Framingham
Mar 11, 2020 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,039
  • Total Building Area: 2,091
  • Gross Building Area: 2,235
  • Building Area: 2,091
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,091
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000483
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383904

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_676086_2947521
  • Parcel: FRAM M:027 B:67 L:0582 U:000
  • Block: 67
  • Lot: 582
  • Municipality: FRAMINGHAM
  • Latitude: 42.3361
  • Longitude: -71.4263

    Address

  • Full Address: 61 Gregory Rd
  • Address - House Number: 61
  • Address - Street Name: Gregory
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C050
  • 4-Digit Zip Code: 2715
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $761,200

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 656,419
  • High Value: 777,086
  • Low Value: 535,753

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $610,900
  • Assessed Land Value: $243,100
  • Assessed Improvements Value: $367,800

    Sales

  • Current Sale Contract Date: Mar 03, 2021
  • Current Sale Recording Date: Mar 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64227
  • Previous Sale Recording Date: Mar 11, 2020
  • Previous Sale Contract Date: Feb 24, 2020
  • Previous Sale Amount: $365,500
  • Previous Sale Document Type: 34
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 years ago
Data Source: MLS PIN, MLS# 72782943

Frequently Asked Questions

When was property at 61 Gregory Road built and last sold?
The property at 61 Gregory Road was built in 1966 and last sold on Mar 3, 2021 for $391,000.
How much is this home worth?
The estimated value of the home located at 61 Gregory Road is $0.
What are some comparable homes to 61 Gregory Road?
There are currently no comparable homes to 61 Gregory Road.
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