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Framingham 01701
7 Old Wood Road
$449,600
● House - Off Market

7 Old Wood Road

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,649 Ft²
$835,690
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

This greater than 2600 square foot, split entry house, is set on a beautifully landscaped lot in a residential neighborhood on the north side of Framingham.  It boasts nine well sized rooms including three bedrooms, two and a half bathrooms and a large finished study (or fourth bedroom) with built in bookcases.  There is a large upstairs family room in addition to a downstairs family/game room with built in bar.  Fireplaces are present on both levels. The top floor has newly refinished hardwood floors with wall-to-wall carpeting on the lower level that is in fine condition.  This house is in immaculate condition with a backyard patio, sprinkler system, vinyl siding and newer appliances.  This home is close to a reservoir and walking trails while being only minutes from route 9 and the Massachusetts Turnpike.
Unit Size
2,649 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$170
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #71674272)

Price History

Date / Event Date Event Price
Jun 25, 2014 Sold
Premium
Sold
May 2, 2014 Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office $449,600
Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 6
  • Basement Area: 1,350
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,729
  • Total Building Area: 1,908
  • Gross Building Area: 3,492
  • Building Area: 1,908
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,908
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD WOOD ACRES
  • Land Acres: 0000000407
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 384004

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_668640_2933885
  • Parcel: FRAM M:098 B:83 L:6848 U:000
  • Block: 83
  • Lot: 6848
  • Municipality: FRAMINGHAM
  • Latitude: 42.2987
  • Longitude: -71.4539

    Address

  • Full Address: 7 Old Wood Rd
  • Address - House Number: 7
  • Address - Street Name: Old Wood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C068
  • 4-Digit Zip Code: 8842
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $862,100

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 780,047
  • High Value: 915,661
  • Low Value: 644,433

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $691,900
  • Assessed Land Value: $254,000
  • Assessed Improvements Value: $437,900

    Sales

  • Current Sale Recording Date: Jun 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 87335
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

52

Average Home Size

1965 ft²

Average Home Age

62 years

Currently For Sale

113 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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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71674272

Frequently Asked Questions

When was property at 7 Old Wood Road built and last sold?
The property at 7 Old Wood Road was built in 1963 and last sold on Jan 1, 1970 for $449,600.
How much is this home worth?
The estimated value of the home located at 7 Old Wood Road is $477,714.
What are some comparable homes to 7 Old Wood Road?
There are currently no comparable homes to 7 Old Wood Road.
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