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Framingham 01701
7 Olympic Street
$432,000
● House - Off Market

7 Olympic Street

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,904 Ft²
$682,598
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Many updates in this fantastic 4 bedroom Split Entry in an ideal location. Two brick fireplaces, one in living room and one in the lower level family room. Vaulted ceilings on first floor.  Nicely maintained. Hardwood floors in living room and dining room, hallways , there are newer hdwd floors on the lower level. Hardy cement board siding. Newer roof (2013) with a full ice shield. Hot water tank (2014). Stainless steel appl. Granite counters in baths and new tiled shower walls,  Trex decking on porch. Heat pump/Air Conditioning 1st floor- lower level has 4 electric baseboard units. Conveniently located, close to BJ's, YMCA, Shoppers World & Logan Express.
Unit Size
1,904 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$215
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1971

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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 #72042237)

Price History

Date / Event Date Event Price
Aug 31, 2016 Sold
Premium
Sold
Jul 22, 2016 Listed by Hammond Residential $409,900
Listed by Hammond Residential

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 2
  • Basement Area: 1,200
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,930
  • Total Building Area: 1,284
  • Gross Building Area: 2,740
  • Building Area: 1,284
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,284
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383700

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_683004_2938532
  • Parcel: FRAM M:071 B:38 L:0503 U:000
  • Block: 38
  • Lot: 503
  • Municipality: FRAMINGHAM
  • Latitude: 42.3114
  • Longitude: -71.4008

    Address

  • Full Address: 7 Olympic St
  • Address - House Number: 7
  • Address - Street Name: Olympic
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C046
  • 4-Digit Zip Code: 4527
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $712,000

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 661,734
  • High Value: 776,779
  • Low Value: 546,689

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $571,400
  • Assessed Land Value: $232,100
  • Assessed Improvements Value: $339,300

    Sales

  • Current Sale Recording Date: Oct 20, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1773214
  • Previous Sale Recording Date: Aug 31, 2016
  • Previous Sale Amount: $432,000
  • 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

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# 72042237

Frequently Asked Questions

When was property at 7 Olympic Street built and last sold?
The property at 7 Olympic Street was built in 1971 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Olympic Street is $428,310.
What are some comparable homes to 7 Olympic Street?
There are currently no comparable homes to 7 Olympic Street.
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