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Framingham 01701
63 Lovering Avenue
$315,000
● House - Off Market

63 Lovering Avenue

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,578 Ft²
$641,604
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

Spacious and BRIGHT full dormered Cape in a highly sought-after neighborhood offers 4 bedrooms and 2 full updated baths. Improvements include replacement windows, Hi-output furnace, central air, electric system, roof, siding, inground sprinklers, walkway and more. Fourth bedroom is on the first floor giving it the versatility to act as a dining-room office or den. Finished lower level for children to play. Close to major routes, shopping and walking distance to 2 parks.Great level fenced in yard
Unit Size
1,578 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$200
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1953

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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 #71316966)

Price History

Date / Event Date Event Price
Jun 14, 2012 Sold
Premium
Sold
Dec 5, 2011 Listed by Coldwell Banker Residential Brokerage - Framingham $315,000
Listed by Coldwell Banker Residential Brokerage - Framingham
Mar 31, 2005 Sold
Premium
Sold
Jan 7, 2005 Listed by Coldwell Banker Residential Brokerage - Framingham $399,900
Listed by Coldwell Banker Residential Brokerage - Framingham

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 768
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,320
  • Total Building Area: 1,344
  • Gross Building Area: 2,472
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000191
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383700

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_685361_2941909
  • Parcel: FRAM M:061 B:51 L:3960 U:000
  • Block: 51
  • Lot: 3960
  • Municipality: FRAMINGHAM
  • Latitude: 42.3207
  • Longitude: -71.392

    Address

  • Full Address: 63 Lovering Ave
  • Address - House Number: 63
  • Address - Street Name: Lovering
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Framingham
  • Carrier Code: C025
  • 4-Digit Zip Code: 7714
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $618,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 598,386
  • High Value: 696,622
  • Low Value: 500,150

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $496,500
  • Assessed Land Value: $231,500
  • Assessed Improvements Value: $265,000

    Sales

  • Current Sale Recording Date: Jun 14, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000012
  • Previous Sale Recording Date: Mar 31, 2005
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: 27
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

2034 ft²

Average Home Age

60.9 years

Currently For Sale

133 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 months ago
Data Source: MLS PIN, MLS# 71316966

Frequently Asked Questions

When was property at 63 Lovering Avenue built and last sold?
The property at 63 Lovering Avenue was built in 1953 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 63 Lovering Avenue is $336,183.
What are some comparable homes to 63 Lovering Avenue?
There are currently no comparable homes to 63 Lovering Avenue.
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