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Framingham 01701
7 Grace Street
$346,000
● House - Off Market

7 Grace Street

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$496,696
RealtyHop Estimate
50.56%
Since Apr 1, 2018
MA-Boston
Primary Model

About This Property

Darling "Turnkey" ranch home with a wonderful fenced oversized level backyard with shed, fire-pit area, and patio on a quiet dead-end street in desirable North Framingham. Cute and cozy home with fireplace living room that flows to open dining area with window overlooking the yard, kitchen boasts granite counters with stainless steel appliances (all to stay), nicely updated tile bath, good looking laminate floors- easy care, 3 bedrooms, generous 1 car garage with storage and work area, several updates including windows, roof -2012, kitchen and updated heating system- forced warm air by oil, certificate from the state that home is Lead Free,  Multiple offers- BEST and FINAL due by Sunday, Feb 11th at 5pm.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$344
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1954

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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 #72279174)

Price History

Date / Event Date Event Price
Mar 30, 2018 Sold
Premium
Sold
Feb 8, 2018 Listed by Coldwell Banker Residential Brokerage - Framingham $329,900
Listed by Coldwell Banker Residential Brokerage - Framingham
Aug 29, 2013 Sold
Premium
Sold
May 17, 2013 Listed by Coldwell Banker Residential Brokerage - Framingham $275,000
Listed by Coldwell Banker Residential Brokerage - Framingham

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,379
  • Total Building Area: 960
  • Gross Building Area: 1,356
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000376
  • 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_676446_2939842
  • Parcel: FRAM M:069 B:69 L:4844 U:000
  • Block: 69
  • Lot: 4844
  • Municipality: FRAMINGHAM
  • Latitude: 42.3152
  • Longitude: -71.4251

    Address

  • Full Address: 7 Grace St
  • Address - House Number: 7
  • Address - Street Name: Grace
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C035
  • 4-Digit Zip Code: 4302
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $617,900

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 558,848
  • High Value: 661,578
  • Low Value: 456,117

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $495,900
  • Assessed Land Value: $238,900
  • Assessed Improvements Value: $257,000

    Sales

  • Current Sale Recording Date: Mar 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42844
  • Previous Sale Recording Date: Aug 29, 2013
  • Previous Sale Amount: $270,000
  • 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

2074 ft²

Average Home Age

63 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72279174

Frequently Asked Questions

When was property at 7 Grace Street built and last sold?
The property at 7 Grace Street was built in 1954 and last sold on Jan 1, 1970 for $346,000.
How much is this home worth?
The estimated value of the home located at 7 Grace Street is $333,054.
What are some comparable homes to 7 Grace Street?
There are currently no comparable homes to 7 Grace Street.
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