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Framingham 01702
8 Goodnow Lane
$749,000
● House - Off Market

8 Goodnow Lane

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,700 Ft²
$1,568,744
RealtyHop Estimate
109.45%
Since May 1, 2004
National-US
Primary Model

About This Property

HOUSE BEAUTIFUL ON GOLF COURSE. PRIVATE CUL DE SAC LIKE NEW GRANITE, OPEN, FLR PLAN, LOTS OF LIGHT FAMILY NEIGHBORHOOD, PROFESSIONAL LANDSCAPED CATH CEILINGS, ELEGANT MASTER BATH, FINISHED BASEMENT
Unit Size
3,700 Ft²
Days on Market
-
Land Size
1.41 acres
Price per sqft
$202
Property Type
House
Property Taxes
$591
HOA Dues
-
Year Built
1997

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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 #30783977)

Price History

Date / Event Date Event Price
Apr 5, 2004 Sold
Premium
Sold
Oct 27, 2003 Listed by Prudential Town and Country $749,000
Listed by Prudential Town and Country
Aug 26, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 8
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,880
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 61,594
  • Total Building Area: 3,138
  • Gross Building Area: 5,458
  • Building Area: 3,138
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,138
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001414
  • 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_662995_2931515
  • Parcel: FRAM M:106 B:21 L:9591 U:000
  • Block: 21
  • Lot: 9591
  • Municipality: FRAMINGHAM
  • Latitude: 42.2921
  • Longitude: -71.4746

    Address

  • Full Address: 8 Goodnow Ln
  • Address - House Number: 8
  • Address - Street Name: Goodnow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Framingham
  • Carrier Code: R002
  • 4-Digit Zip Code: 5505
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,241,900

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,228,775
  • High Value: 1,423,833
  • Low Value: 1,033,717

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $996,700
  • Assessed Land Value: $315,100
  • Assessed Improvements Value: $681,600

    Sales

  • Current Sale Recording Date: Apr 05, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 79359
  • Previous Sale Recording Date: Aug 26, 1997
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: 27
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

$363

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2076 ft²

Average Home Age

62.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30783977

Frequently Asked Questions

When was property at 8 Goodnow Lane built and last sold?
The property at 8 Goodnow Lane was built in 1997 and last sold on Jan 1, 1970 for $749,000.
How much is this home worth?
The estimated value of the home located at 8 Goodnow Lane is $784,272.
What are some comparable homes to 8 Goodnow Lane?
There are currently no comparable homes to 8 Goodnow Lane.
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