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Framingham 01701
97 Cherry St
$380,000
● House - Off Market

97 Cherry St

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,607 Ft²
$609,317
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

This move-in ready ranch provides over 1600 square feet of living space with three bedrooms, two full baths, play room and an office, all on one level. Enjoy this ideal location in one of Framingham's most desirable neighborhoods close to everything including shops, restaurants, schools, hospitals, commuter rail, and major commuter routes and only 20 minutes from Boston. Take full advantage of the outdoors as well on the expansive quarter acre level lot with fenced in back yard complete with sprinkler system (front and back). Recent updates include sparkling new kitchen appliances, new bedroom flooring, and a new oil tank in 2016. Exterior was painted in 2013. Driveway was repaved in 2009. Roof was replaced in 2008.
Unit Size
1,607 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$242
Property Type
House
Property Taxes
$386
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: 5 months ago (MLSPIN #72137715)

Price History

Date / Event Date Event Price
Jun 30, 2017 Sold
Premium
Sold
Mar 29, 2017 Listed by Engel & Volkers Wellesley $389,000
Listed by Engel & Volkers Wellesley
Jun 1, 2001 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,629
  • Total Building Area: 1,607
  • Gross Building Area: 1,971
  • Building Area: 1,607
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,607
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000244
  • 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_681467_2939641
  • Parcel: FRAM M:071 B:19 L:4664 U:000
  • Block: 19
  • Lot: 4664
  • Municipality: FRAMINGHAM
  • Latitude: 42.3145
  • Longitude: -71.4064

    Address

  • Full Address: 97 Cherry St
  • Address - House Number: 97
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C046
  • 4-Digit Zip Code: 4435
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $684,400

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 645,370
  • High Value: 764,006
  • Low Value: 526,735

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $549,300
  • Assessed Land Value: $233,600
  • Assessed Improvements Value: $315,700

    Sales

  • Current Sale Recording Date: Jun 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1764176
  • Previous Sale Recording Date: Jun 01, 2001
  • Previous Sale Amount: $247,500
  • Previous Sale Document Type: 48
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:

$676,767

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2057 ft²

Average Home Age

61 years

Currently For Sale

124 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: 5 months ago
Data Source: MLS PIN, MLS# 72137715

Frequently Asked Questions

When was property at 97 Cherry Street built and last sold?
The property at 97 Cherry Street was built in 1957 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 97 Cherry Street is $402,493.
What are some comparable homes to 97 Cherry Street?
There are currently no comparable homes to 97 Cherry Street.
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