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Framingham 01701
8 Ridgefield Dr
$380,000
● House - Off Market

8 Ridgefield Dr

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,417 Ft²
$560,882
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

Warm, inviting & cozy!  This 3 bedroom, 1.5 bath ranch has been lovingly maintained by the same owners since 1967.  Off the kitchen you'll find a large living room w/fireplace & wall of windows overlooking the beautiful ½ acre yard. The Master bedroom has a private half bath, a bonus office space can be found off the family room that has custom closets & a cozy alcove with built in couch with bonus storage space below. While tucked away in a residential area, you'll enjoy the close proximity to shopping, dining, entertainment & being only minutes from I-90, Routes 126, 30 & 9. A commuter's dream! Recent updates include; architectural-shingled roof (2010), recent furnace replacement (2010), updated electrical & newer appliances. Additional storage space available in pull down attic. Come make this house your own!
Unit Size
1,417 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$254
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1957

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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 #72201679)

Price History

Date / Event Date Event Price
Sep 7, 2017 Sold
Premium
Sold
Jul 21, 2017 Listed by Coldwell Banker Residential Brokerage - Framingham $359,900
Listed by Coldwell Banker Residential Brokerage - Framingham

Property Highlights

Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,564
  • Total Building Area: 1,417
  • Gross Building Area: 1,959
  • Building Area: 1,417
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,417
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000518
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383600

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_680136_2936646
  • Parcel: FRAM M:081 B:06 L:1634 U:000
  • Block: 6
  • Lot: 1634
  • Municipality: FRAMINGHAM
  • Latitude: 42.3064
  • Longitude: -71.4115

    Address

  • Full Address: 8 Ridgefield Dr
  • Address - House Number: 8
  • Address - Street Name: Ridgefield
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C033
  • 4-Digit Zip Code: 4945
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $594,300

    Appraisal Valuation

  • Standard Deviation: 0.2374
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 595,710
  • High Value: 737,178
  • Low Value: 454,242

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $477,000
  • Assessed Land Value: $244,500
  • Assessed Improvements Value: $232,500

    Sales

  • Current Sale Recording Date: Sep 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 145007
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

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72201679

Frequently Asked Questions

When was property at 8 Ridgefield Drive built and last sold?
The property at 8 Ridgefield Drive was built in 1957 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 8 Ridgefield Drive is $373,758.
What are some comparable homes to 8 Ridgefield Drive?
There are currently no comparable homes to 8 Ridgefield Drive.
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