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Framingham 01701
78 Simpson Dr
$390,000
● House - Off Market

78 Simpson Dr

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,356 Ft²
$533,016
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Open House 6/24, 1-3pm - Easy one floor living in this updated 3 bedroom ranch with beautiful views of the Sudbury river from your own backyard and patio. Many updates including maple cabinet kitchen with recessed lights, laminate flooring throughout, 6 panel doors, replacement windows throughout, freshly painted in and out, roof is only 2 years young (2nd layer), slider to yard is 4 years young, chimney reflashed about one year ago, furnace replaced in 2016 as well as oil tank replaced with Roth Economic tank, and new wall AC unit was just installed. Kayaking and canoeing available from your own backyard. All this and in a great commuter location and moments to all your shopping needs, movies, restaurants etc.  Simply Move in and Enjoy Life!
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$265
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1955

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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 #72350092)

Price History

Date / Event Date Event Price
Oct 14, 2021 Sold
Premium
Sold
Aug 25, 2021 Listed by LAER Realty Partners $495,000
Listed by LAER Realty Partners
Jul 31, 2018 Sold
Premium
Sold
Jun 21, 2018 Listed by LAER Realty Partners $360,000
Listed by LAER Realty Partners
Dec 27, 1989 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,670
  • Total Building Area: 1,356
  • Gross Building Area: 1,756
  • Building Area: 1,356
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,356
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 3857-31
  • Land Acres: 0000000222
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383800

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_679689_2942301
  • Parcel: FRAM M:049 B:92 L:6380 U:000
  • Block: 92
  • Lot: 6380
  • Municipality: FRAMINGHAM
  • Latitude: 42.3218
  • Longitude: -71.4131

    Address

  • Full Address: 78 Simpson Dr
  • Address - House Number: 78
  • Address - Street Name: Simpson
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C043
  • 4-Digit Zip Code: 4053
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $588,600

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 573,887
  • High Value: 679,382
  • Low Value: 468,392

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $472,400
  • Assessed Land Value: $232,800
  • Assessed Improvements Value: $239,600

    Sales

  • Current Sale Contract Date: Oct 14, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1896651
  • Previous Sale Recording Date: Jul 31, 2018
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: O
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

2074 ft²

Average Home Age

63 years

Currently For Sale

137 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# 72350092

Frequently Asked Questions

When was property at 78 Simpson Drive built and last sold?
The property at 78 Simpson Drive was built in 1955 and last sold on Oct 14, 2021 for $497,500.
How much is this home worth?
The estimated value of the home located at 78 Simpson Drive is $496,951.
What are some comparable homes to 78 Simpson Drive?
There are currently no comparable homes to 78 Simpson Drive.
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