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Framingham 01701
71 Hemenway Road
$525,000
● House - Off Market

71 Hemenway Road

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,583 Ft²
$520,089
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to 71 Hemenway Road in North Framingham, MA.  Come right into this sprawling L-shaped ranch with a sun-drenched open floorplan that features 3 bedrooms, 2 full baths, an eat-in kitchen, a living room, a large family room with a working wood-burning stove, and a finished sunroom or home office. Enjoy the views of the huge fenced-in backyard from multiple rooms. The backyard is home to a large patio great for all your entertaining, a fire-pit area, and an oversized shed. All of this and just minutes to shopping and major highways. ex: the Rail Trail, Garden in the Wood, Shoppers World, the Natick Collection the Mass Pike, Route 9 and so much more.
Unit Size
1,583 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$306
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1958

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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: 6 months ago (MLSPIN #73042680)

Price History

Date / Event Date Event Price
Nov 23, 2022 Sold
Premium
Sold
Oct 4, 2022 In contract -
In contract
Sep 29, 2022 Listed by eXp Realty $484,999
Listed by eXp Realty
May 15, 2001 Sold
Premium
Sold
Apr 9, 2001 Listed by eXp Realty $254,900
Listed by eXp Realty
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 20,255
  • Total Building Area: 1,415
  • Gross Building Area: 1,979
  • Building Area: 1,415
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,415
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEFIELD 02
  • Land Acres: 0000000465
  • 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_675396_2948135
  • Parcel: FRAM M:017 B:58 L:3193 U:000
  • Block: 58
  • Lot: 3193
  • Municipality: FRAMINGHAM
  • Latitude: 42.3378
  • Longitude: -71.4289

    Address

  • Full Address: 71 Hemenway Rd
  • Address - House Number: 71
  • Address - Street Name: Hemenway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C050
  • 4-Digit Zip Code: 2617
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $641,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 595,751
  • High Value: 704,079
  • Low Value: 487,423

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $515,200
  • Assessed Land Value: $242,400
  • Assessed Improvements Value: $272,800

    Sales

  • Current Sale Contract Date: Nov 23, 2022
  • Current Sale Recording Date: Nov 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 173023
  • Previous Sale Recording Date: May 15, 2001
  • Previous Sale Amount: $256,000
  • 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

1938 ft²

Average Home Age

61.6 years

Currently For Sale

99 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: 6 months ago
Data Source: MLS PIN, MLS# 73042680

Frequently Asked Questions

When was property at 71 Hemenway Road built and last sold?
The property at 71 Hemenway Road was built in 1958 and last sold on Nov 23, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 71 Hemenway Road is $486,683.
What are some comparable homes to 71 Hemenway Road?
There are currently no comparable homes to 71 Hemenway Road.
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