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Framingham 01701
83 Joseph Rd
$380,000
● House - Off Market

83 Joseph Rd

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,750 Ft²
$572,115
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Light, bright, open, spacious, well cared for ranch in North Framingham neighborhood. 3 bedrooms with 2 full bathrooms (one in the master) and large family room with backup generator.  Professionally landscaped, large, open and level yard with irrigation provides many possibilities for entertaining, a possible pool, gardening or just relaxing on the patio.  Plenty of storage with two sheds outside and a mud/storage room leading out to the backyard.  A stackable washer and dryer in its own closed off area.
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$229
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1958

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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 #72530002)

Price History

Date / Event Date Event Price
Aug 22, 2019 Sold
Premium
Sold
Jul 8, 2019 Listed by The Nexum Group $399,900
Listed by The Nexum Group

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,604
  • Total Building Area: 1,750
  • Gross Building Area: 2,934
  • Building Area: 1,750
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,750
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000473
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383800

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_678327_2944324
  • Parcel: FRAM M:039 B:84 L:3322 U:000
  • Block: 84
  • Lot: 3322
  • Municipality: FRAMINGHAM
  • Latitude: 42.3273
  • Longitude: -71.4179

    Address

  • Full Address: 83 Joseph Rd
  • Address - House Number: 83
  • Address - Street Name: Joseph
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C047
  • 4-Digit Zip Code: 7640
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $613,200

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 589,224
  • High Value: 697,538
  • Low Value: 480,909

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $492,100
  • Assessed Land Value: $242,700
  • Assessed Improvements Value: $249,400

    Sales

  • Current Sale Contract Date: Aug 13, 2019
  • Current Sale Recording Date: Aug 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 125118

    Financing

  • First Mortgage Financing Type: ADJ
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72530002

Frequently Asked Questions

When was property at 83 Joseph Road built and last sold?
The property at 83 Joseph Road was built in 1958 and last sold on Aug 13, 2019 for $380,000.
How much is this home worth?
The estimated value of the home located at 83 Joseph Road is $415,284.
What are some comparable homes to 83 Joseph Road?
There are currently no comparable homes to 83 Joseph Road.
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