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Framingham 01702
8 Lantern Road
$610,500
● House - Off Market

8 Lantern Road

Framingham, MA 01702
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,358 Ft²
$1,569,550
RealtyHop Estimate
151.17%
Since Jul 1, 2002
National-US
Primary Model

About This Property

QUALITY ABOUNDS IN THIS 3300+SF HOME.ALL ROOMS GOOD SIZED. SKYLIGHTS,C/A,HWDS,STUDY SPACE,PLAY SPACE, WONDERFUL FAMILY HOME IN CONVENIENT LOCATION TO MASS PIKE, SHOPPING, ETC. NO SHOWINGS SUPER BOWL WEEKEND AND MARCH 2ND & 3RD!!!!!!
Unit Size
3,358 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$186
Property Type
House
Property Taxes
$637
HOA Dues
-
Year Built
1985

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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 #30575877)

Price History

Date / Event Date Event Price
Jun 24, 2002 Sold
Premium
Sold
Jan 28, 2002 Listed by Re/max Realty Associates $624,900
Listed by Re/max Realty Associates
May 13, 1996 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 10
  • 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: 18
  • 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: 1,512
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,221
  • Total Building Area: 3,358
  • Gross Building Area: 5,898
  • Building Area: 3,358
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,358
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM & ASHLAND
  • Land Acres: 0000001107
  • 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_665682_2928481
  • Parcel: FRAM M:116 B:58 L:6488 U:000
  • Block: 58
  • Lot: 6488
  • Municipality: FRAMINGHAM
  • Latitude: 42.2839
  • Longitude: -71.4649

    Address

  • Full Address: 8 Lantern Rd
  • Address - House Number: 8
  • Address - Street Name: Lantern
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: R003
  • 4-Digit Zip Code: 5538
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,259,200

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,168,676
  • High Value: 1,376,656
  • Low Value: 960,696

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,010,600
  • Assessed Land Value: $307,600
  • Assessed Improvements Value: $703,000

    Sales

  • Current Sale Recording Date: Jun 24, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 916
  • Previous Sale Recording Date: May 13, 1996
  • Previous Sale Amount: $389,000
  • 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

$364

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2075 ft²

Average Home Age

63.2 years

Currently For Sale

136 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# 30575877

Frequently Asked Questions

When was property at 8 Lantern Road built and last sold?
The property at 8 Lantern Road was built in 1985 and last sold on Jan 1, 1970 for $610,500.
How much is this home worth?
The estimated value of the home located at 8 Lantern Road is $657,506.
What are some comparable homes to 8 Lantern Road?
There are currently no comparable homes to 8 Lantern Road.
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