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Framingham 01701
8 Lomas Dr
$375,000
● House - Off Market

8 Lomas Dr

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,592 Ft²
$722,939
RealtyHop Estimate
102.84%
Since Jun 1, 2010
MA-Boston
Primary Model

About This Property

PROPERTY SOLD "AS IS" WITH SELLER'S ADDENDUM. BANK OWNED, SELLER HAS NEVER OCCUPIED. $1,000. DEPOSIT AND PREAPPROVAL/PROOF OF FUNDS WITH ALL OFFERS. PLEASE ALLOW 3-5 BUSINESS DAYS FOR RESPONSE ON ALL OFFERS. BUYERS TO CONFIRM ALL PROPERTY INFORMATION
Unit Size
2,592 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$138
Property Type
House
Property Taxes
$545
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71066378)

Price History

Date / Event Date Event Price
May 27, 2010 Sold
Premium
Sold
Apr 16, 2010 Listed by New England Property Solutions $356,400
Listed by New England Property Solutions
Feb 24, 2010 Sold
Premium
Sold
Jul 1, 2001 Sold
Premium
Sold
Jan 26, 2001 Listed by Coldwell Banker Realty - Framingham $449,900
Listed by Coldwell Banker Realty - Framingham
LOVELY COLONIAL WITH NEW IN-LAW/AUPAIR ADDITION. HOME IS IN FABULOUS CONDITON. HARDWOOD FLOORS, TILE FLOORING IN BATH- ROOMS. WODERFUL NEIGHBORHOOD - GREAT COMMUTE LOCATION. BROKERS - PLEASE LEAVE CARD AT PROPERTY WHEN SHOWING. THANX.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 1,632
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Total Building Area: 2,592
  • Gross Building Area: 4,906
  • Building Area: 2,592
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,592
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAPLE RDG
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383903

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_673840_2942960
  • Parcel: FRAM M:047 B:32 L:8935 U:000
  • Block: 32
  • Lot: 8935
  • Municipality: FRAMINGHAM
  • Latitude: 42.3236
  • Longitude: -71.4346

    Address

  • Full Address: 8 Lomas Dr
  • Address - House Number: 8
  • Address - Street Name: Lomas
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C039
  • 4-Digit Zip Code: 3951
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $852,500

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 839,713
  • High Value: 985,545
  • Low Value: 693,881

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $684,200
  • Assessed Land Value: $242,200
  • Assessed Improvements Value: $442,000

    Sales

  • Current Sale Recording Date: May 27, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00085658
  • Previous Sale Recording Date: Feb 24, 2010
  • Previous Sale Amount: $373,500
  • Previous Sale Document Type: 34
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71066378

Frequently Asked Questions

When was property at 8 Lomas Drive built and last sold?
The property at 8 Lomas Drive was built in 1971 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 8 Lomas Drive is $389,009.
What are some comparable homes to 8 Lomas Drive?
There are currently no comparable homes to 8 Lomas Drive.
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