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Framingham 01702
81 Gilbert Street
$460,000
● House - Off Market

81 Gilbert Street

Framingham, MA 01702
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,107 Ft²
$407,797
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Charming Framingham bungalow!  Spaciois, sunny living room welcomes you with gleaming hardwood floors. The kitchen features counter seating, a ceiling fan, gas stove, stainless appliances, dining area, and a slider that leads out to the deck. 2-3 spacious bedrooms or use the 3rd bedroom as a work from home space. Sparkling updated white bathroom with pedestal sink and one-piece tub and rain showerhead. Freshly painted throughout. Buderus gas heating system and central air! Full unfinished basement, plenty of room for your storage needs! Enclosed porch/mudroom with new flooring and new storm door.  Vinyl sided. Large deck, great for entertaining. Level back yard. Walk to town beach and just 1 mile to the commuter rail and shopping. Perfect for owners or investors!
Unit Size
1,107 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$361
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1922

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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 #72951118)

Price History

Date / Event Date Event Price
Apr 19, 2022 Sold
Premium
Sold
Mar 9, 2022 Listed by Realty Executives Boston West $399,900
Listed by Realty Executives Boston West
Aug 20, 2013 Sold
Premium
Sold
Jun 20, 2013 Listed by Realty Executives Boston West $239,900
Listed by Realty Executives Boston West
Oct 27, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 966
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,489
  • Total Building Area: 1,107
  • Gross Building Area: 2,379
  • Building Area: 1,107
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,107
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383200

Zoning

  • Zoning: G

Geography

  • Account Number: F_677435_2922418
  • Parcel: FRAM M:140 B:72 L:4431 U:000
  • Block: 72
  • Lot: 4431
  • Municipality: FRAMINGHAM
  • Latitude: 42.2673
  • Longitude: -71.4214

    Address

  • Full Address: 81 Gilbert St
  • Address - House Number: 81
  • Address - Street Name: Gilbert
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C030
  • 4-Digit Zip Code: 7221
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $538,600

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 488,909
  • High Value: 571,810
  • Low Value: 406,007

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $432,300
  • Assessed Land Value: $177,900
  • Assessed Improvements Value: $254,400

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57564
  • Previous Sale Recording Date: Aug 20, 2013
  • Previous Sale Amount: $240,000
  • 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

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# 72951118

Frequently Asked Questions

When was property at 81 Gilbert Street built and last sold?
The property at 81 Gilbert Street was built in 1922 and last sold on Apr 15, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 81 Gilbert Street is $400,880.
What are some comparable homes to 81 Gilbert Street?
There are currently no comparable homes to 81 Gilbert Street.
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