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Framingham 01701
61 Wesley Road
Photo of 61 Wesley Road
Sold on Jul 30, 2008

1

Map

$256,000
● House - Off Market

61 Wesley Road

Framingham, MA 01701
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,156 Ft²
$521,156
RealtyHop Estimate
96.74%
Since Aug 1, 2008
MA-Boston
Primary Model

About This Property

Adorable and beautifully maintained ranch on a lovely, level lot in a great neighborhood.  Hardwood floors, redone bath, finished lower level.  Fireplaced living room.  Close to major routes.  Expansion possibilites.
Unit Size
1,156 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$229
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1949

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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 #70756818)

Price History

Date / Event Date Event Price
Jul 30, 2008 Sold
Premium
Sold
May 6, 2008 Listed $264,900
Listed
Aug 17, 2001 Sold
Premium
Sold
Jun 19, 2001 Listed $242,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 2
  • Basement Area: 840
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,233
  • Total Building Area: 840
  • Gross Building Area: 1,876
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 7317C
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383903

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_676864_2940970
  • Parcel: FRAM M:058 B:60 L:8966 U:000
  • Block: 60
  • Lot: 8966
  • Municipality: FRAMINGHAM
  • Latitude: 42.3182
  • Longitude: -71.4235

    Address

  • Full Address: 61 Wesley Rd
  • Address - House Number: 61
  • Address - Street Name: Wesley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C070
  • 4-Digit Zip Code: 4358
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $553,700

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 548,012
  • High Value: 638,883
  • Low Value: 457,142

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $444,400
  • Assessed Land Value: $231,500
  • Assessed Improvements Value: $212,900

    Sales

  • Current Sale Recording Date: Jul 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01478993
  • Previous Sale Recording Date: Aug 17, 2001
  • Previous Sale Amount: $238,000
  • Previous Sale Document Type: 48
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

54

Average Home Size

2075 ft²

Average Home Age

63.2 years

Currently For Sale

136 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# 70756818

Frequently Asked Questions

When was property at 61 Wesley Road built and last sold?
The property at 61 Wesley Road was built in 1949 and last sold on Jan 1, 1970 for $256,000.
How much is this home worth?
The estimated value of the home located at 61 Wesley Road is $278,458.
What are some comparable homes to 61 Wesley Road?
There are currently no comparable homes to 61 Wesley Road.
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