$57,900
●
Condo -
Off Market
73 Nicholas Road #73E73
Framingham, MA 01701
2 Beds
1 Bath
762 Ft²
$221,956
RealtyHop Estimate
270.54%
Since Aug 1, 1998
MA-Boston
Primary Model
About This Property
PRICED BELOW MARKET FOR QUICK SALE. 2ND FLOOR UNIT.CURRENTLY RENTED
FOR $800/MONTH. POSITIVE CASH FLOW. SELLER SAYS BRING ALL OFFERS.
CLOSE TO ALL MAJOR RTS. SHOPPING. POOL, TENNIS, ETC. EASY TO SHOW,
LOCKBOX. CALL TENANTS, 877-1035 LV.MESS
Unit Size
762 Ft²
Days on Market
-
Land Size
-
Price per sqft
$79
Property Type
Condo
Property Taxes
$72
HOA Dues
$171
Year Built
1964
Payment Calculator
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #50495442)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 1998 | Sold | ||
| Sold | |||
| Apr 3, 1998 | Listed | $59,900 | |
| Listed | |||
Property Highlights
Air Conditioning
Garage
Interior Details
Level: First
Level: First
Level: First
Level: First
Level: First
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Electric Water Heater
Rooms: 5
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Guest
Exterior Details
Entry Level: 2
PropertySubType: Condominium
Building Area Units: Square Feet
Lot Size Units: Acres
Zoning: SFR
Parcel Number: 507532
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $48,800
Tax Annual Amount: $861
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Electric Baseboard, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool, Laundry, Tennis Court(s), Storage
HOA Fee: $171
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/06/2024
|
2 Bed
|
1 Bath
|
761 ft²
|
$270,000
2 Bed
1 Bath
761 ft²
|
$305,000
+12.96%
04/01/2024
|
Maureen Kelly Fromm
RE/MAX Preferred Properties
| |
|
02/22/2022
|
2 Bed
|
1 Bath
|
760 ft²
|
$259,900
2 Bed
1 Bath
760 ft²
|
$280,000
+7.73%
04/05/2022
|
Jim Cloonan
JC Realty
| |
|
03/16/2020
|
1 Bed
|
2 Bath
|
640 ft²
|
$149,900
1 Bed
2 Bath
640 ft²
|
$150,000
+0.07%
07/10/2020
|
Debbie Chase
Coldwell Banker Realty - Framingham
| |
|
05/14/2018
|
2 Bed
|
1 Bath
|
760 ft²
|
$199,900
2 Bed
1 Bath
760 ft²
|
$205,000
+2.55%
08/23/2018
|
Jiahui Wang
Greenland Real Estate LLC
| |
|
04/17/2018
|
2 Bed
|
1 Bath
|
760 ft²
|
$192,900
2 Bed
1 Bath
760 ft²
|
$193,000
+0.05%
06/13/2018
|
Dina Raneri
KW Pinnacle MetroWest
| |
|
09/10/2014
|
2 Bed
|
1 Bath
|
760 ft²
|
$130,000
2 Bed
1 Bath
760 ft²
|
$130,000
11/01/2014
|
Bonnie Dicori
Fafard Real Estate
| |
|
12/21/2012
|
2 Bed
|
1 Bath
|
760 ft²
|
$117,000
2 Bed
1 Bath
760 ft²
|
$108,000
-7.69%
03/29/2013
|
Donna Gittelsohn
Coldwell Banker Realty - Natick
| |
|
08/03/2010
|
2 Bed
|
1 Bath
|
758 ft²
|
$124,900
2 Bed
1 Bath
758 ft²
|
$115,000
-7.93%
08/30/2010
|
Megan Tolland
Realty Executives Boston West
| |
|
06/17/2008
|
2 Bed
|
1 Bath
|
762 ft²
|
$88,000
2 Bed
1 Bath
762 ft²
|
$85,000
-3.41%
07/18/2008
|
John Agostinelli
World Properties International-Agostinelli Realty & Mortgage Group
| |
|
02/13/2008
|
2 Bed
|
1 Bath
|
758 ft²
|
$119,900
2 Bed
1 Bath
758 ft²
|
$115,500
-3.67%
04/13/2009
|
Joseph Norton
Realty Executives Boston West
| |
|
08/19/2006
|
1 Bed
|
1 Bath
|
638 ft²
|
$149,900
1 Bed
1 Bath
638 ft²
|
$143,000
-4.60%
12/06/2006
|
Christopher Mahoney
RE/MAX One Call Realty
| |
|
08/17/2006
|
2 Bed
|
1 Bath
|
760 ft²
|
$204,999
2 Bed
1 Bath
760 ft²
|
$200,000
-2.44%
12/20/2006
|
Cynthia Grenham
Coldwell Banker Realty - Framingham
| |
|
04/25/2006
|
1 Bed
|
1 Bath
|
630 ft²
|
$147,900
1 Bed
1 Bath
630 ft²
|
$142,000
-3.99%
07/07/2006
|
Jill Strombeck
Carlson GMAC Real Estate
| |
|
03/18/2005
|
2 Bed
|
1 Bath
|
754 ft²
|
$202,000
2 Bed
1 Bath
754 ft²
|
$202,000
06/10/2005
|
Michael Rawding
Rawding Realty
| |
|
04/03/1998
|
2 Bed
|
1 Bath
|
762 ft²
|
$59,900
2 Bed
1 Bath
762 ft²
|
$57,900
-3.34%
07/31/1998
|
Judy Ostertag
Select Realty Associates
|
Building Info
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