9 Palmer Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Listed by Results Realty | $479,000 | |
| Listed by Results Realty | |||
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Welcome to this charming colonial home, built in 1912, step inside and envision the possibilities!! With 1,211 square feet of comfortable living space, the first floor layout provides a good flow from one room to another. The spacious dining area serves as the heart of the home with french doors leading to a cozy space that can be used as an office, playroom or art studio. The surrounding lot of 0.16 acres offers outdoor possibilities for a vegetable garden, entertainment space or a secured area for pets to roam. Capacity to create a paved driveway for 2-3 cars, now a graveled driveway for 2 cars.. It is located near major commuter routes, the Natick Mall, and the Boston Commuter Rail station (Natick or Framingham stations) The Metrowest Medical Center, Framingham State University and the Logan Express are just a few miles away.This property with a full bath on each level and unfinished basement, offers good renovation potential. Being sold AS IS - *roof new in 2025.
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| Sep 21, 2012 | Sold | ||
| Sold | |||
| Aug 6, 2012 | Listed by Results Realty | $215,000 | |
| Listed by Results Realty | |||
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An incredible opportunity to own this lovely home in a great location. Replacement windows, Freshly painted interior. Refinished wood floors. Formal Living Rm with fireplace, Dining Room with French Doors leading to study/office, Kitchen and a full bathroom on the first floor. 3 good size bedrooms with wood floors and another full bathroom on the second level. Minutes to Routes 9, 126, 30 and Mass Pike and all of the shopping Framingham has to offer. Sold "As-Is".
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017