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Framingham 01701
96 Summer St
$555,000
● House - Off Market

96 Summer St

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,631 Ft²
$526,660
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

PRIDE OF OWNERSHIP SHOWS IN THE 3 BEDROOM 1.5 BATH HOME*FIREPLACED LIVING ROOM W/BAY WINDOW*KITCHEN/DINING ROOM COMBO*HARDWOOD FLOORS*BONUS ROOM WITH MANY OPTIONS FOR USE*LOWER LEVEL FAMILY ROOM*LEVEL BACKYARD WITH PATIO*STORAGE SHED*ONE CAR DIRECT ENTRY GARAGE*NEAR SHOPPING, RESTAURANTS, SCHOOLS AND ALL MAJOR ROUTES.....
Unit Size
1,631 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$322
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1957

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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 #73118456)

Price History

Date / Event Date Event Price
Jun 27, 2023 Sold
Premium
Sold
Jun 6, 2023 In contract -
In contract
May 31, 2023 Listed by RE/MAX Preferred Properties $524,900
Listed by RE/MAX Preferred Properties
Dec 26, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,008
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,015
  • Total Building Area: 1,008
  • Gross Building Area: 2,016
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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_681769_2937971
  • Parcel: FRAM M:082 B:17 L:7967 U:000
  • Block: 17
  • Lot: 7967
  • Municipality: FRAMINGHAM
  • Latitude: 42.3099
  • Longitude: -71.4054

    Address

  • Full Address: 96 Summer St
  • Address - House Number: 96
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C017
  • 4-Digit Zip Code: 4450
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $593,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 565,184
  • High Value: 657,774
  • Low Value: 472,593

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $475,900
  • Assessed Land Value: $231,300
  • Assessed Improvements Value: $244,600

    Sales

  • Current Sale Contract Date: Jun 27, 2023
  • Current Sale Recording Date: Jun 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69326
  • Previous Sale Recording Date: Dec 26, 1990
  • Previous Sale Amount: $140,000
  • 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

54

Average Home Size

2075 ft²

Average Home Age

63.2 years

Currently For Sale

136 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

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73118456

Frequently Asked Questions

When was property at 96 Summer Street built and last sold?
The property at 96 Summer Street was built in 1957 and last sold on Jun 27, 2023 for $555,000.
How much is this home worth?
The estimated value of the home located at 96 Summer Street is $537,278.
What are some comparable homes to 96 Summer Street?
There are currently no comparable homes to 96 Summer Street.
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