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Framingham 01701
9 Shady Lane
$265,000
● House - Off Market

9 Shady Lane

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,833 Ft²
$1,030,863
RealtyHop Estimate
261.83%
Since Jan 1, 1999
MA-Boston
Primary Model

About This Property

BEAUTIFULLY LANDSCAPED CONTEMP. W/A VERY PRIVATE SETTING BRIGHT & AIRY OPEN FLOOR PLAN WITH SKYLITES & AN ABUNDANCE OF WINDOWS. SLIDERS OPEN ONTO HUGE DECK & SERENE BACKYARD HRDWD ON 1ST FLR 3RD BDRM USED AS 1ST FLR DEN. 1ST FLR. MSTR
Unit Size
1,833 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$155
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1982

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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 years ago (MLSPIN #30259457)

Price History

Date / Event Date Event Price
Jan 14, 2021 Sold
Premium
Sold
Nov 3, 2020 Listed $595,000
Listed
Dec 30, 1998 Sold
Premium
Sold
Sep 16, 1998 Listed $284,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,335
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,237
  • Total Building Area: 1,803
  • Gross Building Area: 4,217
  • Building Area: 1,803
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,803
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000000235
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_672447_2935463
  • Parcel: FRAM M:090 B:25 L:4446 U:000
  • Block: 25
  • Lot: 4446
  • Municipality: FRAMINGHAM
  • Latitude: 42.3031
  • Longitude: -71.4398

    Address

  • Full Address: 9 Shady Ln
  • Address - House Number: 9
  • Address - Street Name: Shady
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Framingham
  • Carrier Code: C068
  • 4-Digit Zip Code: 4779
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $912,800

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 749,699
  • High Value: 909,614
  • Low Value: 589,785

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $732,600
  • Assessed Land Value: $246,800
  • Assessed Improvements Value: $485,800

    Sales

  • Current Sale Contract Date: Dec 22, 2020
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9004
  • Previous Sale Recording Date: Dec 30, 1998
  • Previous Sale Amount: $265,000
  • 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

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 years ago
Data Source: MLS PIN, MLS# 30259457

Frequently Asked Questions

When was property at 9 Shady Lane built and last sold?
The property at 9 Shady Lane was built in 1982 and last sold on Dec 22, 2020 for $600,000.
How much is this home worth?
The estimated value of the home located at 9 Shady Lane is $0.
What are some comparable homes to 9 Shady Lane?
There are currently no comparable homes to 9 Shady Lane.
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