25 days on rocket

368 Concord St, Framingham, MA, 01702

$779,900

Home List Price

$9,261*

Closing Credit

3 Bedrooms
3 Full Baths
1,510 SqFt
$516/SqFt
Multi
Schools Nearby

Location

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368 Concord St, Framingham$779,900

Buyer Closing Credits

$9,261*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Assigned
Year Built1882
HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
BasementYes
WaterfrontWaterfront, Beach, Pond, Water Access, Public, Lake Front
MLS #73220204
Lot Size0.23 Acres
StatusActive

About 368 Concord St

Investing in a three-family home w/ easy access to the Boston train system is an opportunity ripe w/ potential. Not only does this location offer convenience for tenants commuting to Boston but it also promises steady rental income, a fundamental aspect of any sound investment strategy. With a total monthly rental income of $5,000, this property showcases its attractiveness as a lucrative investment avenue. The property is being conveyed w/ the tenants in place. The studio unit has a “property manager” in place, lease until 12/2024. The 1st floor one bedroom is on a lease until 2/2025 & the 2nd floor one bedroom would very much like to continue renting after being there for over 4+ years-although is a TAW. Nicely updated units w/ granite kitchens, and gas heat-all separate systems except water. Favorable attributes, investors can rest assured knowing that they are making a sound investment decision that promises both financial returns & long-term growth potential. Main roof is older.

Property Details

Property Features

Property Information:

  • Year Built: 1882
  • Living Area: 1,510 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty - Framingham
  • Listing Agent: Diane Sullivan

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile, Hardwood, Stone/Ceramic Tile
  • Interior: Crown Molding, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Walk-Up Attic, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Beach, Pond, Water Access, Public, Lake Front
  • Exterior: Rain Gutters

Parking Information:

  • Parking: Paved Drive, Off Street, Assigned

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Framingham High School, Public District Grades 9-12
  • Fuller Middle School, Public District Grades 6-8
  • Walsh Middle School, Public District Grades 6-8
  • Cameron Middle School, Public District Grades 6-8
  • Miriam F Mccarthy School, Public District Grades KG-5
  • Barbieri Elementary School, Public District Grades KG-5
  • Woodrow Wilson, Public District Grades KG-5

Other

Directions Information:

  • Directions: Rt 126, Gleason Pond

Price Information

Listing Price Info

Price Summary:

  • List Price: $779,900
  • Price Per SqFt: $516/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.0

Tax Information:

  • Annual Amount: $7,146
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Framingham, MA.

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Framingham, MA

City

Med. Sold Price

$632K

Med. Price/SqFt

$353

Avg. Days On Market

25

# of Sold Homes

26

368 Concord St vs Framingham

25 DAYS ON ROCKET

-0 Day

$779,900

+$147.8K More

$516/SqFt

+$162 More

KEY TAKEAWAY

This property is $147.8K more than the Median Sold Price and $162/SqFt more than other homes in Framingham, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73220204

Listing Office:

  • Office Name: Coldwell Banker Realty - Framingham
  • Listing Agent: Diane Sullivan

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/29/2024, 2:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,146$508,600
2020$6,046$403,600
2019$5,786$376,200
2018$5,260$322,300
2017$4,610$275,900

History based on county public records data.

Payment Calculator

$3,960

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,405

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3153790
4
/10

  • Miriam F Mccarthy School

  • 8 Flagg Dr

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-3153791
4
/10

  • Barbieri Elementary School

  • 100 Dudley Rd

  • 1.10 miles

  • Public District Grades KG-5

school-card-donut-3153792
3
/10

  • Woodrow Wilson

  • 169 Leland St

  • 1.21 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3153793
3
/10

  • Fuller Middle School

  • 31 Flagg Dr

  • 0.65 miles

  • Public District Grades 6-8

school-card-donut-3153794
6
/10

  • Walsh Middle School

  • 301 Brook St

  • 2.70 miles

  • Public District Grades 6-8

school-card-donut-3153795
3
/10

  • Cameron Middle School

  • 215 Elm St

  • 3.36 miles

  • Public District Grades 6-8

High School

school-card-donut-3153796
7
/10

  • Framingham High School

  • 115 A St

  • 2.28 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $138,250. Typical income of Framingham, MA residents is between $100k-200k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Framingham›01702›368 Concord St

This home is located at 368 Concord St in Framingham, MA and zip code 01702. This 1,510 square foot home, which was built in 1882, sits on a 0.23 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $779,900.

In March 2024 more than 20 listings in Framingham, MA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below. Between February 2024 and March 2024, Framingham, MA real estate market has seen increase in the number of listings by 11.2%. While the average time on the market in March 2024 was 25 days, the median list price was $632,066.

From Rocket Homes Real Estate and based on county public records data.

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