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Framingham 01701
8 Raleigh Rd
$409,000
● House - Off Market

8 Raleigh Rd

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,206 Ft²
$743,312
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Beautiful, picturesque setting for this expansive home, located in framingham's most desirable Grove St area, close to the Millwood Golf Course, the Belknap pool, spectacular Callahan State Park and  Framingham Common with its summer nights concerts, yet 5 min to stores/ shops. Natural light, lovely flow, spacious rooms, huge eat-in kitchen, entertainment size living room, formal dining room with a dramatic bay window, serene screened porch overlooking mature woods,  large bedrooms, fireplaced family room, perfect for family activities. gleaming hardwood, c/a, fenced area for kids/pets, new siding/ gutters-2008, new driveway-2012, updated kitchen/stainless appl/granite - 2013, fresh paint-2014, new oil tank- 2006,most windows replaced- 2008.  A winner-Move right in!
Unit Size
2,206 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$186
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1970

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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 #71699623)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Jul 8, 2021 Listed by Zemack Real Estate $599,900
Listed by Zemack Real Estate
Jul 30, 2014 Sold
Premium
Sold
Jun 16, 2014 Listed by Zemack Real Estate $410,000
Listed by Zemack Real Estate
Dec 15, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,456
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,712
  • Total Building Area: 1,506
  • Gross Building Area: 3,122
  • Building Area: 1,506
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,506
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000728
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383902

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_670732_2939769
  • Parcel: FRAM M:067 B:09 L:7736 U:000
  • Block: 9
  • Lot: 7736
  • Municipality: FRAMINGHAM
  • Latitude: 42.3148
  • Longitude: -71.4462

    Address

  • Full Address: 8 Raleigh Rd
  • Address - House Number: 8
  • Address - Street Name: Raleigh
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C040
  • 4-Digit Zip Code: 3839
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $819,200

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 742,113
  • High Value: 870,995
  • Low Value: 613,231

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $657,500
  • Assessed Land Value: $252,800
  • Assessed Improvements Value: $404,700

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 186714
  • Previous Sale Recording Date: Jul 30, 2014
  • Previous Sale Amount: $409,000
  • Previous Sale Document Type: O
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

2074 ft²

Average Home Age

63 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71699623

Frequently Asked Questions

When was property at 8 Raleigh Road built and last sold?
The property at 8 Raleigh Road was built in 1970 and last sold on Aug 20, 2021 for $699,000.
How much is this home worth?
The estimated value of the home located at 8 Raleigh Road is $617,080.
What are some comparable homes to 8 Raleigh Road?
There are currently no comparable homes to 8 Raleigh Road.
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