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Framingham 01701
978 Old Connecticut Path
$353,000
● House - Off Market

978 Old Connecticut Path

Framingham, MA 01701
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,470 Ft²
$583,090
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Bright, sunny and lovingly cared for 4 bedroom,1 1/2 bath colonial.Some hardwood floors give this house a rich, homey feel.The traditional layout offers a large front to back fireplaced living room that holds a multitude of possibilities.The kitchen has open shelving for all your storage needs,as well as some closed cabinetry. A convenient door leads to the patio and fenced yard. A dining room with chair rail and a half bath, finish off the 1st floor.The second floor consists of 4 bedrooms and a full bath.The basement boasts a front to back family room and an unfinished laundry/storage/utility room. Vinyl windows and top of the line vinyl siding. The 2 driveways and turnaround make for plenty of parking and easy access.Seller has added an AHS home warranty for your peace of mind.
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$238
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1958

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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 #72007751)

Price History

Date / Event Date Event Price
Aug 15, 2016 Sold
Premium
Sold
May 18, 2016 Listed by Coldwell Banker Residential Brokerage - Framingham $350,000
Listed by Coldwell Banker Residential Brokerage - Framingham
Dec 1, 1984 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 720
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,146
  • Total Building Area: 1,470
  • Gross Building Area: 2,944
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • 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_686618_2943521
  • Parcel: FRAM M:051 B:63 L:6512 U:000
  • Block: 63
  • Lot: 6512
  • Municipality: FRAMINGHAM
  • Latitude: 42.3251
  • Longitude: -71.3873

    Address

  • Full Address: 978 Old Connecticut Path
  • Address - House Number: 978
  • Address - Street Name: Old Connecticut
  • Address - Suffix Type: Path
  • State: MA
  • City Name: Framingham
  • Carrier Code: C049
  • 4-Digit Zip Code: 4249
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $663,100

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 634,582
  • High Value: 751,234
  • Low Value: 517,929

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $532,200
  • Assessed Land Value: $231,400
  • Assessed Improvements Value: $300,800

    Sales

  • Current Sale Recording Date: Aug 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 139958
  • Previous Sale Recording Date: Dec 01, 1984
  • Previous Sale Amount: $110,000
  • 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

2032 ft²

Average Home Age

60.9 years

Currently For Sale

134 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72007751

Frequently Asked Questions

When was property at 978 Old Connecticut Path built and last sold?
The property at 978 Old Connecticut Path was built in 1958 and last sold on Jan 1, 1970 for $353,000.
How much is this home worth?
The estimated value of the home located at 978 Old Connecticut Path is $362,333.
What are some comparable homes to 978 Old Connecticut Path?
There are currently no comparable homes to 978 Old Connecticut Path.
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