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Framingham 01701
8 Brownlea Rd
$420,000
● House - Off Market

8 Brownlea Rd

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,344 Ft²
$417,441
RealtyHop Estimate
19.61%
Since Apr 1, 2021
MA-Boston
Primary Model

About This Property

OPEN HOUSE TIMES ARE FULL.  Please make a regular appointment for a time prior to 3pm on Monday.  Unbeatable location and potential in this retro mid-century modern ranch in the Oaks Neighborhood.  Convenient one floor living, a pretty corner lot and proximity to the Mass Pike, Lake Cochituate, Reardon Park, schools, the new Rail Trail, shopping and restaurants make this a fabulous place to call home.  The front living room flows into the kitchen and dining room, there's a comfortable family room tucked behind, and the other end of the house boasts 3 good sized bedrooms, the master with a half bath.  The corner lot is spacious, with a convenient shed and a patio off the back of the house.   There is updating needed, but the home is clean and comfortable, and ready for you.  Don't miss this one.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$260
Property Type
House
Property Taxes
$393
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 years ago (MLSPIN #72787404)

Price History

Date / Event Date Event Price
Mar 31, 2021 Sold
Premium
Sold
Feb 18, 2021 Listed by eXp Realty $349,000
Listed by eXp Realty

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,324
  • Total Building Area: 1,344
  • Gross Building Area: 1,452
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383700

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_685846_2940741
  • Parcel: FRAM M:061 B:50 L:8744 U:000
  • Block: 50
  • Lot: 8744
  • Municipality: FRAMINGHAM
  • Latitude: 42.3175
  • Longitude: -71.3902

    Address

  • Full Address: 8 Brownlea Rd
  • Address - House Number: 8
  • Address - Street Name: Brownlea
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C025
  • 4-Digit Zip Code: 4254
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $609,200

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 580,538
  • High Value: 676,049
  • Low Value: 485,026

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,900
  • Assessed Land Value: $233,400
  • Assessed Improvements Value: $255,500

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72451
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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72787404

Frequently Asked Questions

When was property at 8 Brownlea Road built and last sold?
The property at 8 Brownlea Road was built in 1955 and last sold on Mar 31, 2021 for $420,000.
How much is this home worth?
The estimated value of the home located at 8 Brownlea Road is $0.
What are some comparable homes to 8 Brownlea Road?
There are currently no comparable homes to 8 Brownlea Road.
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