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Framingham 01701
7 Sloane Drive
$340,000
● House - Off Market

7 Sloane Drive

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,316 Ft²
$517,966
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Gorgeous freshly painted 4 bedroom Ranch, located in North Framingham in a quiet friendly neighborhood just a short walk to Woodfield Playground. This bright and sunny home features 2013 Anderson windows, 2016 Wel-McLain Boiler, updated from fuses to circuit breakers in 2013, 2016 chimney liner and newer wall a/c. Open concept living room and eat-in kitchen, family room with sliders to patio and huge backyard, 4 bedrooms with ample sized closets, full bath, laundry and storage/workshop in the former garage highlight the 1st floor. Enjoy the convenience of single level living with not one step. The home gets lots of sun and the expansive half acre backyard is a dream come true. Double wide driveway provides ample parking. Convenient to fine restaurants, shopping and the Mass Pike!
Unit Size
1,316 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$266
Property Type
House
Property Taxes
$402
HOA Dues
-
Year Built
1959

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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 #72360542)

Price History

Date / Event Date Event Price
Aug 30, 2018 Sold
Premium
Sold
Jul 11, 2018 Listed by Redfin Corp. $349,900
Listed by Redfin Corp.
Aug 8, 2013 Sold
Premium
Sold
Jun 26, 2013 Listed by Redfin Corp. $284,900
Listed by Redfin Corp.

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 22,128
  • Total Building Area: 1,348
  • Gross Building Area: 1,752
  • Building Area: 1,348
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,348
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000508
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383904

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_675834_2946847
  • Parcel: FRAM M:027 B:56 L:8834 U:000
  • Block: 56
  • Lot: 8834
  • Municipality: FRAMINGHAM
  • Latitude: 42.3344
  • Longitude: -71.4274

    Address

  • Full Address: 7 Sloane Dr
  • Address - House Number: 7
  • Address - Street Name: Sloane
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C050
  • 4-Digit Zip Code: 3226
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $609,800

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 550,024
  • High Value: 651,133
  • Low Value: 448,916

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $489,400
  • Assessed Land Value: $244,100
  • Assessed Improvements Value: $245,300

    Sales

  • Current Sale Recording Date: Aug 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 134215
  • Previous Sale Recording Date: Aug 08, 2013
  • Previous Sale Amount: $280,000
  • 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

54

Average Home Size

2075 ft²

Average Home Age

63.2 years

Currently For Sale

136 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# 72360542

Frequently Asked Questions

When was property at 7 Sloan Drive built and last sold?
The property at 7 Sloan Drive was built in 1959 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 7 Sloan Drive is $355,575.
What are some comparable homes to 7 Sloan Drive?
There are currently no comparable homes to 7 Sloan Drive.
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