NOT LISTED FOR SALE

41 Hayes St Framingham, MA 01702

Estimated Value: $936,599 - $1,002,000

8 Beds
4 Baths
2,876 Sq Ft
$332/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $952,000 $331 Per Sq Ft

Current estimated payment $5,832/month

3 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Living Room
  • Property is near public transit and schools
  • Home Office
  • Park

About This Home

As of November 2024

SUNDAY OPEN HOUSE CANCELED!!!! Great Opportunity to own a piece of the Framingham Downtown Area! This location is unbeatable! Only a quarter mile from the Framingham Commuter Rail, right off of Rt 135 & Rt 126, easy access to Natick, Rt 9, and Mass Pike. This property was previously owner-occupied for 15 years and very well maintained! New Roof 2019, many updates in the past 5 years (see update list in attachments). This home comprises 2 side-by-side units and a 3rd unit on the 2nd floor. All units are move-in ready and have always been fully occupied! There has never been any vacancy during the current ownership. The tenant pays utilities; only water is paid by the owner. There are 10+ parking spaces. All 3 units are leased through June 2025, but the seller may be able to have one of the tenants sign a notice to vacate, if needed, for an owner-occupant buyer. Don't miss this opportunity, visit this weekend! Showings are only permitted during the Open Houses on Saturday & Sunday.

Last Agent to Sell the Property

Thiago Gomes

Keller Williams Realty Boston Northwest Listed on: 10/02/2024

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Catia Vicente

Mega Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,490

Year Built

  • Built in 1877

Lot Details

  • 7,971 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,876 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Home Office
  • Wood Flooring
  • Electric Dryer Hookup

Kitchen

  • Range
  • Freezer

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Additional Features

  • Property is near public transit and schools
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $6,950
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 489550

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Additional Features

  • 3 Units
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,490

Year Built

Built in 1877

Lot Details

7,971 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1877
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood
  • Interior Amenities: Living Room, Kitchen, Laundry Room, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Freezer
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Electric Dryer Hookup
  • Basement: Full, Finished, Interior Entry
  • Living Area: 2876
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: BB3298
  • MAIN SO: K95546

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer
  • Heating: Electric
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 489550
  • Zoning: G
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7971
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7490

Multi Family

  • Net Operating Income: 84000
  • Number Of Units Total: 3
  • Total Actual Rent: 6950
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 26, 2024
Sold by
Jiang Lin
Bought by
Assarian Robert and Assarian Mirvat
Seller's Agent
Thiago Gomes
Keller Williams Realty Boston Northwest
Buyer's Agent
Catia Vicente
Mega Realty Services
List Price
$869,900
Sold Price
$952,000
Premium/Discount to List
$82,100
9.44%
Views
8
Current Estimated Value
$955,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,400
Avg. Annual Appreciation
0.27%
Original Mortgage
$714,000
Outstanding Balance
$707,856
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,544

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 24, 2019
Sold by
Silva Romilda and Franco Josianne
Bought by
Jiang Lin
Seller's Agent
Thiago Gomes
Keller Williams Realty Boston Northwest
Buyer's Agent
Ying Chen
Redfin Corp.
List Price
$679,000
Sold Price
$689,999
Premium/Discount to List
$10,999
1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$379,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2004
Sold by
Kaur Sarbjit and Dass Shiv C
Bought by
Silva Josianne and Silva Romilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2001
Sold by
Kaur Paramjit
Bought by
Dass Shiv C

Purchase Details

Closed on
Jun 4, 2001
Sold by
Singh Balwant
Bought by
Kaur Paramjit

Purchase Details

Closed on
Nov 24, 1999
Sold by
Yang Tien-Fang and Yang Yvonne Y
Bought by
Singh Balwant and Kaur Sarbjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Assarian Robert $952,000 None Available
Assarian Robert $952,000 None Available
Assarian Robert $952,000 None Available
Jiang Lin $689,999 --
Jiang Lin $689,999 --
Jiang Lin $689,999 --
Silva Josianne $385,000 --
Silva Josianne $385,000 --
Dass Shiv C $107,450 --
Dass Shiv C $107,450 --
Kaur Paramjit $24,000 --
Singh Balwant $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Assarian Robert $714,000
Closed Assarian Robert $714,000
Previous Owner Jiang Lin $379,500
Previous Owner Silva Josianne $308,000
Previous Owner Singh Balwant $167,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2024 11/26/24 Sold $952,000 +9.4% $331 / Sq Ft
10/05/2024 10/05/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $869,900 +26.1% $302 / Sq Ft
07/02/2019 07/02/19 Sold $689,999 +1.6% $241 / Sq Ft View Prior Sale
05/21/2019 05/21/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $679,000 -- $237 / 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 $8,725 $730,700 $202,000 $528,700
2024 $7,490 $601,100 $179,600 $421,500
2023 $6,997 $534,500 $160,500 $374,000
2022 $7,139 $519,600 $145,600 $374,000
2021 $8,393 $597,400 $139,900 $457,500
2020 $7,713 $514,900 $121,900 $393,000
2019 $6,001 $390,200 $116,200 $274,000
2018 $5,358 $328,300 $108,200 $220,100
2017 $4,896 $293,000 $104,100 $188,900
2016 $4,760 $273,900 $98,400 $175,500
2015 $4,446 $249,500 $99,000 $150,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73297615

MLS Property Information Network (MLS PIN)

APN: FRAM-000134-000074-008500

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