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Framingham 01701
723 Potter Rd
$350,000
● House - Off Market

723 Potter Rd

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
910 Ft²
$507,782
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

New Price! Bright sunny FULL BASEMENT 3 BR Ranch in move in condition! Fireplaced living room, formal dining room, hardwood floors, 3 season room with skylights and great yard! Minutes to Potter Rd. School. Many updates over the years including kitchen, bath, siding and windows. Roof 2012. Electric circuit breakers. Updated heating system and hot water tank.  Your fresh touches can make this home all yours! Close to shopping, Mass Pike and Boston Train!. Walk out basement. Washer, dryer & refrigerator included. Lots of room for expansion in full basement with high ceilings. Come see it today!
Unit Size
910 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$390
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1953

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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 #72507473)

Price History

Date / Event Date Event Price
Sep 5, 2019 Sold
Premium
Sold
Jun 16, 2019 Listed by Five Star Realty & Relocation $354,900
Listed by Five Star Realty & Relocation

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 2
  • Basement Area: 910
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,373
  • Total Building Area: 910
  • Gross Building Area: 1,955
  • Building Area: 910
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 910
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000307
  • 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_677003_2945880
  • Parcel: FRAM M:038 B:75 L:0807 U:000
  • Block: 75
  • Lot: 807
  • Municipality: FRAMINGHAM
  • Latitude: 42.3315
  • Longitude: -71.4229

    Address

  • Full Address: 723 Potter Rd
  • Address - House Number: 723
  • Address - Street Name: Potter
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C054
  • 4-Digit Zip Code: 3219
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $569,000

    Appraisal Valuation

  • Standard Deviation: 0.2374
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 492,832
  • High Value: 609,868
  • Low Value: 375,795

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $456,700
  • Assessed Land Value: $236,100
  • Assessed Improvements Value: $220,600

    Sales

  • Current Sale Contract Date: Sep 04, 2019
  • Current Sale Recording Date: Sep 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 133889
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

2069 ft²

Average Home Age

62.9 years

Currently For Sale

138 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: 4 months ago
Data Source: MLS PIN, MLS# 72507473

Frequently Asked Questions

When was property at 723 Potter Road built and last sold?
The property at 723 Potter Road was built in 1953 and last sold on Sep 4, 2019 for $350,000.
How much is this home worth?
The estimated value of the home located at 723 Potter Road is $357,348.
What are some comparable homes to 723 Potter Road?
There are currently no comparable homes to 723 Potter Road.
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