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Framingham 01701
83 Lake Road
$330,000
● House - Off Market

83 Lake Road

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$681,769
RealtyHop Estimate
101.11%
Since Feb 1, 2004
MA-Boston
Primary Model

About This Property

MORE TO THIS ONE THAN MEETS THE EYE! COMFORTABLE FAMILY RANCH W/ BEAUTIFULLY FINISHED WALKOUT LOWER LEVEL. UPDATED KITCHEN, REPLACEMENT WINDOWS, NEW DECK. NATURE LOVERS' YARD & WALK TO TOWN BEACH! DON'T MISS OPEN HOUSE SUN 11/2 1-3!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$188
Property Type
House
Property Taxes
$278
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: 5 months ago (MLSPIN #30785348)

Price History

Date / Event Date Event Price
Jan 16, 2004 Sold
Premium
Sold
Oct 30, 2003 Listed by Century 21 North West $339,000
Listed by Century 21 North West
Jan 29, 2001 Sold
Premium
Sold
Dec 4, 2000 Listed by Century 21 North West $269,900
Listed by Century 21 North West

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • 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: 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: 864
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 1,152
  • Gross Building Area: 2,296
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383700

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_687159_2942571
  • Parcel: FRAM M:052 B:72 L:1557 U:000
  • Block: 72
  • Lot: 1557
  • Municipality: FRAMINGHAM
  • Latitude: 42.3225
  • Longitude: -71.3853

    Address

  • Full Address: 83 Lake Rd
  • Address - House Number: 83
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Framingham
  • Carrier Code: C049
  • 4-Digit Zip Code: 4234
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $651,800

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 623,517
  • High Value: 719,461
  • Low Value: 527,573

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,100
  • Assessed Land Value: $238,200
  • Assessed Improvements Value: $284,900

    Sales

  • Current Sale Recording Date: Jan 16, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 12079
  • Previous Sale Recording Date: Jan 29, 2001
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 27
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

2048 ft²

Average Home Age

61 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30785348

Frequently Asked Questions

When was property at 83 Lake Road built and last sold?
The property at 83 Lake Road was built in 1958 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 83 Lake Road is $355,642.
What are some comparable homes to 83 Lake Road?
There are currently no comparable homes to 83 Lake Road.
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