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. 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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Framingham, MA.
This property is $144.2K more than the Median Sold Price and $161/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
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: 5/19/2024, 10:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,960
Per Month
Principal & Interest
$3,893
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,405
Powered By
Advertisement
NMLS#3030
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
3
/10
Miriam F Mccarthy School
8 Flagg Dr
Distance between this listing and this school0.49 miles
Public District Grades KG-5
2
/10
Barbieri Elementary School
100 Dudley Rd
Distance between this listing and this school1.10 miles
Public District Grades KG-5
1
/10
Woodrow Wilson
169 Leland St
Distance between this listing and this school1.21 miles
Public District Grades KG-5
Middle School
1
/10
Fuller Middle School
31 Flagg Dr
Distance between this listing and this school0.65 miles
Public District Grades 6-8
4
/10
Walsh Middle School
301 Brook St
Distance between this listing and this school2.70 miles
Public District Grades 6-8
3
/10
Cameron Middle School
215 Elm St
Distance between this listing and this school3.36 miles
Public District Grades 6-8
High School
6
/10
Framingham High School
115 A St
Distance between this listing and this school2.28 miles
Public District Grades 9-12
Assigned Schools
3
/10
Miriam F Mccarthy School
8 Flagg Dr
Distance between this listing and this school0.49 miles
Public District Grades KG-5
2
/10
Barbieri Elementary School
100 Dudley Rd
Distance between this listing and this school1.10 miles
Public District Grades KG-5
1
/10
Woodrow Wilson
169 Leland St
Distance between this listing and this school1.21 miles
Public District Grades KG-5
Assigned Schools
1
/10
Fuller Middle School
31 Flagg Dr
Distance between this listing and this school0.65 miles
Public District Grades 6-8
4
/10
Walsh Middle School
301 Brook St
Distance between this listing and this school2.70 miles
Public District Grades 6-8
3
/10
Cameron Middle School
215 Elm St
Distance between this listing and this school3.36 miles
Public District Grades 6-8
Assigned Schools
6
/10
Framingham High School
115 A St
Distance between this listing and this school2.28 miles
Public District Grades 9-12
Nearby Schools
5
/10
Joseph P Keefe Technical High School
750 Winter St
Distance between this listing and this school1.33 miles
Public District Grades 9-12
7
/10
Ashland High School
65 E Union St
Distance between this listing and this school2.34 miles
The neighbors living near this home have an average income of $138,250. Typical income of Framingham, MA residents is between $100k-200k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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 April 2024, from all listings sold in Framingham, MA there were more than 33 sold above asking price, over 4 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Framingham, MA increased by 14.4% between March 2024 and April 2024. Listings spent 11 days on the market in April 2024, and had a median list price of $635,604 during the same period.
From Rocket Homes Real Estate and based on county public records data.