$810,000
●
House -
Off Market
8 Colby Avenue
Framingham, MA 01701
4 Beds
2 Baths
2,515 Ft²
$4,410
Est. Monthly
About This Property
Move right into this lovely, bright & open 3/4 bedrm, 2 full bth
Cape w/over 2500 sf of Living space in wonderful location! Huge eat
in kit w/recessed Lts, luxury vinyl flooring, stainless steel appl
in 2020, freshly painted cabinets, new quartz counters, new sink &
faucet opens to lovely fireplaced living rm w/recessed Lts, hardwd
fl & French dr to bright sunroom w/cathedral ceiling! Lg formal
dining rm w/hardwd fl & French drs! 1st fl bedrm/den w/hardwd fl &
dbl closet! Updated 1st flr full bath! 2nd floor has Lg front to
back main bedrm w/2 skylights & huge dbl closet & eaves storage!
2nd bedrm has lg dbl closet & 2 skylights, 3rd bedrm has cathedral
ceiling, closet & 2 skylights! Updated 2nd full bath! Wonderful
family rm/game rm in lower level! More updates incl: brand new
architectural roof April 2024, exterior painted 2023, Central air
2019, 1 mini split 2016 & more! Great location, walk to park,
Saxonville Beach, schools, shops, St. George church & mins to Pike
& all major rts!
Unit Size
2,515 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$298
Property Type
House
Property Taxes
$727
HOA Dues
-
Year Built
1986
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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 #73225957)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by Realty Executives Boston West | $749,900 | |
| Listed by Realty Executives Boston West | |||
| | |||
|
Move right into this lovely, bright & open 3/4 bedrm, 2 full bth Cape w/over 2500 sf of Living space in wonderful location! Huge eat in kit w/recessed Lts, luxury vinyl flooring, stainless steel appl in 2020, freshly painted cabinets, new quartz counters, new sink & faucet opens to lovely fireplaced living rm w/recessed Lts, hardwd fl & French dr to bright sunroom w/cathedral ceiling! Lg formal dining rm w/hardwd fl & French drs! 1st fl bedrm/den w/hardwd fl & dbl closet! Updated 1st flr full bath! 2nd floor has Lg front to back main bedrm w/2 skylights & huge dbl closet & eaves storage! 2nd bedrm has lg dbl closet & 2 skylights, 3rd bedrm has cathedral ceiling, closet & 2 skylights! Updated 2nd full bath! Wonderful family rm/game rm in lower level! More updates incl: brand new architectural roof April 2024, exterior painted 2023, Central air 2019, 1 mini split 2016 & more! Great location, walk to park, Saxonville Beach, schools, shops, St. George church & mins to Pike & all major rts!
| |||
| Aug 21, 2015 | Sold | ||
| Sold | |||
| Jun 5, 2015 | Listed by Realty Executives Boston West | $439,900 | |
| Listed by Realty Executives Boston West | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
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