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Framingham 01702
7 Gannon Terrace
Photo of 7 Gannon Terrace
Sold on Mar 16, 2005

1

Map

$485,000
● House - Off Market

7 Gannon Terrace

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,292 Ft²
$948,567
RealtyHop Estimate
86.03%
Since Apr 1, 2005
National-US
Primary Model

About This Property

4 columned Garrison colonial in desirable Woodcrest Acres.  Large bedrooms with spacious closets.  Master bedroom has extra storage space attached to closet.  Dressing room with laundry chute.  Huge family room and fun room on lower level.  Beamed ceiling family room with fireplace and unique pegged floor.
Unit Size
2,292 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$222
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1970

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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 months ago (MLSPIN #70105678)

Price History

Date / Event Date Event Price
Mar 16, 2005 Sold
Premium
Sold
Oct 15, 2004 Listed $509,900
Listed

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1988
  • 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: 5
  • 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: 1,075
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,560
  • Total Building Area: 2,292
  • Gross Building Area: 4,569
  • Building Area: 2,292
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,292
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000000472
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 384003

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_669593_2927029
  • Parcel: FRAM M:125 B:97 L:5092 U:000
  • Block: 97
  • Lot: 5092
  • Municipality: FRAMINGHAM
  • Latitude: 42.2799
  • Longitude: -71.4505

    Address

  • Full Address: 7 Gannon Ter
  • Address - House Number: 7
  • Address - Street Name: Gannon
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Framingham
  • Carrier Code: R002
  • 4-Digit Zip Code: 6111
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $836,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 803,361
  • High Value: 945,598
  • Low Value: 661,124

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $671,700
  • Assessed Land Value: $256,700
  • Assessed Improvements Value: $415,000

    Sales

  • Current Sale Recording Date: Mar 16, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 52533
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

$363

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2076 ft²

Average Home Age

62.4 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

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Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70105678

Frequently Asked Questions

When was property at 7 Gannon Terrace built and last sold?
The property at 7 Gannon Terrace was built in 1970 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 7 Gannon Terrace is $527,998.
What are some comparable homes to 7 Gannon Terrace?
There are currently no comparable homes to 7 Gannon Terrace.
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