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Framingham 01701
62 Florita Drive
$257,000
● House - Off Market

62 Florita Drive

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,169 Ft²
$469,356
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

GREAT VALUE FOR NORTH FRAMINGHAM RANCH! Start Building Equity Today w/this Lovely 3-Bedroom, 1 Full Bath Ranch with Partially-Finished Lower Level, 3-Season Porch & 1-Car Attached Garage! Desirable Neighborhood. Many rooms Freshly Painted! Spacious Formal Living Rm. w/Picture Window & Fireplace, Opens to Formal Dining Rm. ~  Bright, Eat-In Kitchen! Gleaming Hdwds throughout! Numerous Updates include: Water Heater 2006, Oil Tank 2014 & some recent New Windows! Enjoy Private Backyard this Summer with Patio, Stone Firepit & Garden Shed! Wired for Generator in Garage! Excellent Commuter Location; JUST MINUTES to Routes 9, 20, 30, 495 & MA-PIKE, Shopping & Schools! Near Sudbury Line.  MOVE-IN READY! 1-YR. HOME WARRANTY ~ WON'T LAST in popular FRAMINGHAM!
Unit Size
1,169 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$231
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1951

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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: 5 months ago (MLSPIN #71873501)

Price History

Date / Event Date Event Price
Sep 11, 2015 Sold
Premium
Sold
Jul 15, 2015 Listed by ERA Key Realty Services- Fram $269,900
Listed by ERA Key Realty Services- Fram

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 1,119
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,119
  • Gross Building Area: 2,668
  • Building Area: 1,119
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,119
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • 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_674563_2938527
  • Parcel: FRAM M:068 B:48 L:5562 U:000
  • Block: 48
  • Lot: 5562
  • Municipality: FRAMINGHAM
  • Latitude: 42.3115
  • Longitude: -71.432

    Address

  • Full Address: 62 Florita Dr
  • Address - House Number: 62
  • Address - Street Name: Florita
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C037
  • 4-Digit Zip Code: 4340
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $616,500

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 547,336
  • High Value: 651,127
  • Low Value: 443,546

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $494,800
  • Assessed Land Value: $232,700
  • Assessed Improvements Value: $262,100

    Sales

  • Current Sale Recording Date: Sep 11, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 155045
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

52

Average Home Size

1996 ft²

Average Home Age

59.3 years

Currently For Sale

110 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: 5 months ago
Data Source: MLS PIN, MLS# 71873501

Frequently Asked Questions

When was property at 62 Florita Drive built and last sold?
The property at 62 Florita Drive was built in 1951 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 62 Florita Drive is $280,453.
What are some comparable homes to 62 Florita Drive?
There are currently no comparable homes to 62 Florita Drive.
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