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Framingham 01701
8 Jay Drive
Photo of 8 Jay Drive
Sold on Oct 15, 2009

1

Map

$468,000
● House - Off Market

8 Jay Drive

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,140 Ft²
$1,039,375
RealtyHop Estimate
107.92%
Since Nov 1, 2009
MA-Boston
Primary Model

About This Property

Exceptional value, location & price, this beautifully maintained home has it all.  Freshly painted kit and fam room.  Gleaming hardwood floors on first floor w/ 9ft ceilings.  Living & dining rooms have wainscoting & crown moldings.  Maple kitchen w/center island has midnight granite. Stainless appliances. Beautiful family room with elegant fireplace.  Huge master with WIC and spacious full bath. Custom closet organizers. Park like grounds has a fenced in yard and mature plantings. Walk to Lake
Unit Size
2,140 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$234
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
2002

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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 #70917972)

Price History

Date / Event Date Event Price
Oct 15, 2009 Sold
Premium
Sold
May 13, 2009 Listed $499,900
Listed
Jun 28, 2002 Sold
Premium
Sold
Mar 21, 2002 Listed $469,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2007
  • 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: 2
  • Basement Area: 976
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,407
  • Total Building Area: 2,140
  • Gross Building Area: 3,676
  • Building Area: 2,140
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,140
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • 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_686356_2944194
  • Parcel: FRAM M:041 B:64 L:3159 U:000
  • Block: 64
  • Lot: 3159
  • Municipality: FRAMINGHAM
  • Latitude: 42.327
  • Longitude: -71.3884

    Address

  • Full Address: 8 Jay Dr
  • Address - House Number: 8
  • Address - Street Name: Jay
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C041
  • 4-Digit Zip Code: 3515
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,017,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 983,801
  • High Value: 1,136,737
  • Low Value: 830,866

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $816,500
  • Assessed Land Value: $231,600
  • Assessed Improvements Value: $584,900

    Sales

  • Current Sale Recording Date: Oct 15, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01515881
  • Previous Sale Recording Date: Jun 28, 2002
  • Previous Sale Amount: $469,900
  • Previous Sale Document Type: 48
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

2069 ft²

Average Home Age

62.9 years

Currently For Sale

138 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# 70917972

Frequently Asked Questions

When was property at 8 Jay Drive built and last sold?
The property at 8 Jay Drive was built in 2002 and last sold on Jan 1, 1970 for $468,000.
How much is this home worth?
The estimated value of the home located at 8 Jay Drive is $515,656.
What are some comparable homes to 8 Jay Drive?
There are currently no comparable homes to 8 Jay Drive.
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