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Framingham 01702
740 Salem End Rd
$575,000
● House - Off Market

740 Salem End Rd

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,019 Ft²
$1,189,293
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

Fabulous young Colonial in sought after neighborhood and a most beautiful setting - prisitine condition, with professionally lanscaped grounds. Open and bright with 4 BR, including a large master suite with WI closet and spa bathroom. Beautiful views out every window!  1st floor office has french doors, and the basement has a large workshop and lots of storage. Also boasts an oversized DR, first floor mudroom and laundry.  Close to all major routes & area business and shopping!  Welcome Home!
Unit Size
3,019 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$195
Property Type
House
Property Taxes
$856
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: 4 months ago (MLSPIN #71366155)

Price History

Date / Event Date Event Price
Apr 1, 2013 Sold
Premium
Sold
Apr 12, 2012 Listed by Prudential Advantage Real Estate $589,000
Listed by Prudential Advantage Real Estate
Sep 27, 2001 Sold
Premium
Sold
Aug 6, 2001 Listed by Prudential Advantage Real Estate $599,900
Listed by Prudential Advantage Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,520
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,257
  • Total Building Area: 2,912
  • Gross Building Area: 5,404
  • Building Area: 2,912
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001016
  • 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_664356_2928908
  • District: 100
  • Parcel: FRAM M:116 B:48 L:3950 U:000
  • Block: 48
  • Lot: 3950
  • Municipality: FRAMINGHAM
  • Latitude: 42.2853
  • Longitude: -71.47

    Address

  • Full Address: 740 Salem End Rd
  • Address - House Number: 740
  • 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: $1,249,900

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,126,809
  • High Value: 1,305,681
  • Low Value: 947,938

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,003,100
  • Assessed Land Value: $305,300
  • Assessed Improvements Value: $697,800

    Sales

  • Current Sale Recording Date: Apr 01, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000007
  • Previous Sale Recording Date: Sep 27, 2001
  • Previous Sale Amount: $599,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2032 ft²

Average Home Age

60.9 years

Currently For Sale

134 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: 4 months ago
Data Source: MLS PIN, MLS# 71366155

Frequently Asked Questions

When was property at 740 Salem End Road built and last sold?
The property at 740 Salem End Road was built in 2001 and last sold on Jan 1, 1970 for $575,000.
How much is this home worth?
The estimated value of the home located at 740 Salem End Road is $619,734.
What are some comparable homes to 740 Salem End Road?
There are currently no comparable homes to 740 Salem End Road.
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