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Framingham 01701
9 Michaud Drive
$390,000
● House - Off Market

9 Michaud Drive

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,226 Ft²
$572,626
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

Lovely tree-lined neighborhood street leads straight to your new home!   Lovingly kept home has good kitchen and family room space.  Kitchen leads out to oversize deck and large, flat lot with plenty of privacy.  Second family room in the lower level is great for all sorts of uses, as a playroom or game room.  Updated double pane windows throughout the main level of the home. Vinyl-sided for low-maintenance exterior. This classic floorplan will never go out of style!  Family room is adorned with fireplace.  Master Bedroom has half bath.  Home does need updating, but at this price, you'll have the chance to make it your own! Conveniently located in the center of town and close to everything!
Unit Size
1,226 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$314
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1964

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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 #72390331)

Price History

Date / Event Date Event Price
Nov 26, 2018 Sold
Premium
Sold
Sep 6, 2018 Listed by Heisler & Mattson Properties $385,000
Listed by Heisler & Mattson Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 2
  • Basement Area: 1,440
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,496
  • Total Building Area: 1,562
  • Gross Building Area: 4,226
  • Building Area: 1,562
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,562
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000746
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_675737_2938296
  • Parcel: FRAM M:069 B:58 L:7239 U:000
  • Block: 58
  • Lot: 7239
  • Municipality: FRAMINGHAM
  • Latitude: 42.3106
  • Longitude: -71.4275

    Address

  • Full Address: 9 Michaud Dr
  • Address - House Number: 9
  • Address - Street Name: Michaud
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Framingham
  • Carrier Code: C069
  • 4-Digit Zip Code: 4824
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $762,800

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 648,710
  • High Value: 767,960
  • Low Value: 529,461

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $612,200
  • Assessed Land Value: $268,200
  • Assessed Improvements Value: $344,000

    Sales

  • Current Sale Recording Date: Nov 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 179984
  • Previous Sale Recording Date: Aug 14, 1978
  • Previous Sale Document Type: 34
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72390331

Frequently Asked Questions

When was property at 9 Michaud Drive built and last sold?
The property at 9 Michaud Drive was built in 1964 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 9 Michaud Drive is $393,700.
What are some comparable homes to 9 Michaud Drive?
There are currently no comparable homes to 9 Michaud Drive.
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