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Framingham 01702
724 Salem End Rd
$855,000
● House - Off Market

724 Salem End Rd

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,811 Ft²
$931,084
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Stunning Colonial located on the extremely sought after Salem End Rd Framingham! The home is located just minutes from Framingham Country Club, MA transit, shopping centers, schools, parks and more! Consisting of 4 generously sized bedrooms, 3.5 bathrooms, a private office, 3 season bonus room, plenty of living space, and a partially finished walkout basement. Enjoy the peaceful moments as you take in the beauty of the large landscaped yard from the deck just off the kitchen. You'll be able to move right in with peace of mind knowing that the home was maintained in an exceptional manner. Don't miss out on this opportunity!
Unit Size
3,811 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$219
Property Type
House
Property Taxes
$1,024
HOA Dues
-
Year Built
2001

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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: 5 years ago (MLSPIN #72894789)

Price History

Date / Event Date Event Price
Nov 16, 2021 Sold
Premium
Sold
Sep 14, 2021 Listed by Coldwell Banker Realty - Newton $835,000
Listed by Coldwell Banker Realty - Newton
Aug 23, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,828
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,259
  • Total Building Area: 3,194
  • Gross Building Area: 6,318
  • Building Area: 3,194
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,194
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000001039
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 384003

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_664661_2928672
  • Parcel: FRAM M:116 B:48 L:6667 U:000
  • Block: 48
  • Lot: 6667
  • Municipality: FRAMINGHAM
  • Latitude: 42.2846
  • Longitude: -71.4686

    Address

  • Full Address: 724 Salem End Rd
  • Address - House Number: 724
  • Address - Street Name: Salem End
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: R003
  • 4-Digit Zip Code: 5545
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,288,000

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,099,272
  • High Value: 1,273,772
  • Low Value: 924,772

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,033,700
  • Assessed Land Value: $305,900
  • Assessed Improvements Value: $727,800

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 249680
  • Previous Sale Recording Date: Aug 23, 2001
  • Previous Sale Amount: $650,310
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72894789

Frequently Asked Questions

When was property at 724 Salem End Road built and last sold?
The property at 724 Salem End Road was built in 2001 and last sold on Nov 15, 2021 for $855,000.
How much is this home worth?
The estimated value of the home located at 724 Salem End Road is $871,172.
What are some comparable homes to 724 Salem End Road?
There are currently no comparable homes to 724 Salem End Road.
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