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Framingham 01701
7 Reni Lane
Photo of 7 Reni Lane
Sold on May 30, 2007

1

Map

$565,000
● House - Off Market

7 Reni Lane

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,615 Ft²
$1,009,498
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

Young Contemporary Colonial on a small cul-de-sac in a convenient commuter locale.  All newly painted inside, all new carpets & newly refinished hardwoods. Finished walk-out basement with cabinets/closet offering a great set-up for an in-law or aupair. C/A, C/V, granite, marble and limestone. Security system & so much more!  FAST CLOSING
Unit Size
2,615 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$226
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1999

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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 #70515369)

Price History

Date / Event Date Event Price
May 30, 2007 Sold
Premium
Sold
Jan 24, 2007 Listed $589,900
Listed
Sep 24, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,246
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,505
  • Total Building Area: 2,567
  • Gross Building Area: 4,580
  • Building Area: 2,567
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,567
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000333
  • 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_669627_2934352
  • Parcel: FRAM M:089 B:94 L:6325 U:000
  • Block: 94
  • Lot: 6325
  • Municipality: FRAMINGHAM
  • Latitude: 42.3
  • Longitude: -71.4504

    Address

  • Full Address: 7 Reni Ln
  • Address - House Number: 7
  • Address - Street Name: Reni
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Framingham
  • Carrier Code: C068
  • 4-Digit Zip Code: 4766
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,167,800

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,002,893
  • High Value: 1,178,592
  • Low Value: 827,193

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $937,200
  • Assessed Land Value: $250,900
  • Assessed Improvements Value: $686,300

    Sales

  • Current Sale Recording Date: May 30, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00098786
  • Previous Sale Recording Date: Sep 24, 1999
  • Previous Sale Amount: $269,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70515369

Frequently Asked Questions

When was property at 7 Reni Lane built and last sold?
The property at 7 Reni Lane was built in 1999 and last sold on Jan 1, 1970 for $565,000.
How much is this home worth?
The estimated value of the home located at 7 Reni Lane is $609,973.
What are some comparable homes to 7 Reni Lane?
There are currently no comparable homes to 7 Reni Lane.
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