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Framingham 01701
7 Leonard Road
$376,000
● House - Off Market

7 Leonard Road

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,439 Ft²
$601,993
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model

About This Property

This fantastic ranch has just undergone a stunning transformation into modern 2016 contemporary feeling home with an open floor plan. The updated kitchen features stainless steel appliances/custom granite counter tops and double bowl under-mount stainless steel sink. Beautifully updated bathrooms include new custom tile, vanity with plenty of storage, and a dual flush toilet. Open floor plan continues into the living room with gleaming hardwood floors, cathedral ceilings and over-sized windows. Entertain friends and family outdoors with a pool and a custom designed patio area. Other updates include a new 200-amp electric system, metal garage doors, main entry door, newly paved driveway, and heating system.
Unit Size
1,439 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$254
Property Type
House
Property Taxes
$404
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 #72045819)

Price History

Date / Event Date Event Price
Sep 9, 2021 Sold
Premium
Sold
Jul 24, 2021 Listed by Realty Executives Boston West $499,000
Listed by Realty Executives Boston West
Nov 18, 2016 Sold
Premium
Sold
Jul 30, 2016 Listed by Realty Executives Boston West $364,900
Listed by Realty Executives Boston West
May 25, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • 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: 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,062
  • Total Building Area: 1,439
  • Gross Building Area: 2,126
  • Building Area: 1,439
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,439
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383600

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_679790_2936634
  • Parcel: FRAM M:081 B:96 L:7683 U:000
  • Block: 96
  • Lot: 7683
  • Municipality: FRAMINGHAM
  • Latitude: 42.3062
  • Longitude: -71.4127

    Address

  • Full Address: 7 Leonard Rd
  • Address - House Number: 7
  • Address - Street Name: Leonard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C033
  • 4-Digit Zip Code: 4935
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $660,300

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 618,083
  • High Value: 731,702
  • Low Value: 504,463

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $529,900
  • Assessed Land Value: $233,100
  • Assessed Improvements Value: $296,800

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 201066
  • Previous Sale Recording Date: May 25, 2016
  • 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

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

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72045819

Frequently Asked Questions

When was property at 7 Leonard Road built and last sold?
The property at 7 Leonard Road was built in 1957 and last sold on Sep 9, 2021 for $540,000.
How much is this home worth?
The estimated value of the home located at 7 Leonard Road is $497,031.
What are some comparable homes to 7 Leonard Road?
There are currently no comparable homes to 7 Leonard Road.
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