Seller's Agent in 2014
Paul Shao
RE/MAX
(508) 960-4095
4 in this area
91 Total Sales
2-4 Middlesex St Framingham, MA 01702
Estimated Value: $739,000
4
Beds
4
Baths
2,391
Sq Ft
$309/Sq Ft
Est. Value
About This Home
As of November 2014Amazing investment opportunity to own this rarely available duplex style two family in a great location near Bowditch Field and Framingham State University. Built in 1975, each townhouse style unit features a modern layout with eat in kitchen, large family room, and two generous sized bedrooms with plenty of closet space, and 1.5 baths. Finished basement provides additional flexible living space. This building is in excellent condition, has plenty of parking, and a large yard for outdoor enjoyment. Great property for investor or owner occupant. Excellent cashflow, low expenses, and 6.5% Cap rate! Reliable long term tenants paying below market rents means there is room to grow. This building is turn-key so simply acquire and start collecting rents! First group showings at open house Sunday 9/28 from 130pm-330pm.
Property Details
Home Type
Multi-Family
Year Built
1975
Lot Details
7,841 Sq Ft Lot
Listing Details
- Lot Description: Wooded, Paved Drive, Level
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 4
- Year Built: 1975
Interior Features
- Has Basement: Yes
- Number of Rooms: 8
- Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
- Electric: Circuit Breakers
- Energy: Insulated Windows
- Flooring: Vinyl, Wall to Wall Carpet
- Basement: Full, Partially Finished
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Aluminum
- Foundation: Poured Concrete
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 4
Utilities
- Cooling Zones: 4
- Heat Zones: 2
- Hot Water: Natural Gas
- Utility Connections: for Gas Dryer, for Electric Dryer, Washer Hookup
Lot Info
- Assessor Parcel Number: M:029.0 B:0059 L:0016.0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2014
Closed on
Nov 21, 2014
Sold by
Lc Waltham Llc
Bought by
Kassabian Paul
Seller's Agent
Paul Shao
REMAX Executive Realty
Buyer's Agent
Chris Kavakian
CK Realty Group LLC
List Price
$346,000
Sold Price
$350,000
Premium/Discount to List
$4,000
1.16%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,000
Original Mortgage
$262,500
Outstanding Balance
$202,044
Interest Rate
4.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 28, 2011
Sold by
Dameri Michael P and Dameri Kristie L
Bought by
Lexington Commerce Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.92%
Purchase Details
Closed on
Nov 1, 2007
Sold by
Buckminster Union Rt and Dameri
Bought by
Dameri Kristie L and Dameri Michael P
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kassabian Paul | $350,000 | -- | |
| Kassabian Paul | $350,000 | -- | |
| Lexington Commerce Inc | $300,000 | -- | |
| Lexington Commerce Inc | $300,000 | -- | |
| Dameri Kristie L | -- | -- | |
| Dameri Kristie L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kassabian Paul | $262,500 | |
| Closed | Dameri Kristie L | $262,500 | |
| Previous Owner | Dameri Kristie L | $620,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2014 11/21/14 | Sold | $350,000 | +1.2% | $146 / Sq Ft |
| 10/22/2014 10/22/14 | Pending | -- | -- | -- |
| 09/23/2014 09/23/14 | For Sale | $346,000 | -- | $145 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,507 | $628,700 | $259,000 | $369,700 |
| 2024 | $7,287 | $584,800 | $231,300 | $353,500 |
| 2023 | $7,131 | $544,800 | $206,400 | $338,400 |
| 2022 | $7,150 | $520,400 | $187,300 | $333,100 |
| 2021 | $6,979 | $496,700 | $180,000 | $316,700 |
| 2020 | $6,795 | $453,600 | $163,600 | $290,000 |
| 2019 | $6,187 | $402,300 | $163,600 | $238,700 |
| 2018 | $5,924 | $363,000 | $157,500 | $205,500 |
| 2017 | $5,564 | $333,000 | $152,900 | $180,100 |
| 2016 | $5,612 | $322,900 | $152,900 | $170,000 |
| 2015 | $5,273 | $295,900 | $152,400 | $143,500 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Shao
-
Chris Kavakian
Buyer's Agent in 2014
Chris Kavakian
CK Realty Group LLC
(617) 470-6701
23 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71747439
APN: FRAM-000111-000061-002260
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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