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Framingham 01701
7 Clara Rd
$249,500
● House - Off Market

7 Clara Rd

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,750 Ft²
$504,723
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

Spacious 1750 sq ft. home situated on a Large, level lot.  Priced $52,000 below assessed value over $63,000 below next door & nearby sales. Extremely well priced per square footage & Lot size. Four (All Big) Bedrooms, see dimensions. Nice open floor plan, 2-zone heating and a Fireplace Living room with Cathedral ceiling overlooking beautiful grounds. Large double shed with work shop, minutes to the MA Pike, Route 9, shopping & public transport. A must see
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$143
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1957

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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 #71381593)

Price History

Date / Event Date Event Price
Jan 6, 2021 Sold
Premium
Sold
Nov 10, 2020 Listed by Century 21 Cuddy $549,000
Listed by Century 21 Cuddy
Jul 31, 2012 Sold
Premium
Sold
May 11, 2012 Listed by Century 21 Cuddy $249,500
Listed by Century 21 Cuddy

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 19,994
  • Total Building Area: 1,966
  • Gross Building Area: 2,274
  • Building Area: 1,966
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,966
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 3857-32
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383800

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_681603_2945701
  • Parcel: FRAM M:040 B:15 L:6700 U:000
  • Block: 15
  • Lot: 6700
  • Municipality: FRAMINGHAM
  • Latitude: 42.3311
  • Longitude: -71.4061

    Address

  • Full Address: 7 Clara Rd
  • Address - House Number: 7
  • Address - Street Name: Clara
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C078
  • 4-Digit Zip Code: 7620
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $780,400

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 740,402
  • High Value: 868,987
  • Low Value: 611,817

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $626,300
  • Assessed Land Value: $242,200
  • Assessed Improvements Value: $384,100

    Sales

  • Current Sale Contract Date: Dec 10, 2020
  • Current Sale Recording Date: Jan 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1866085
  • Previous Sale Recording Date: Jul 31, 2012
  • Previous Sale Amount: $249,500
  • 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# 71381593

Frequently Asked Questions

When was property at 7 Clara Road built and last sold?
The property at 7 Clara Road was built in 1957 and last sold on Dec 10, 2020 for $600,000.
How much is this home worth?
The estimated value of the home located at 7 Clara Road is $552,798.
What are some comparable homes to 7 Clara Road?
There are currently no comparable homes to 7 Clara Road.
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