62 Cedar St Framingham, MA 01702
Estimated payment $6,692/month
Highlights
- Medical Services
- Deck
- Wood Flooring
- Open Floorplan
- Property is near public transit
- Loft
About This Home
Discover an exceptional investment opportunity at 62-66 Cedar St, with over 8.5% cap rate. Whether you are a seasoned investor or looking to house hacking into your first real estate investment, this is an opportunity you will not want to miss out on. This expansive multi-family property offers a substantial 3347 square feet of living space with recent renovations; located a few blocks from downtown and the commuter rail, this home presents a perfect blend of convenience and comfort, and easy to rent. Set on a generous 6970 square foot lot, this property offers considerable outdoor space for various uses including but not limited to off street parking for up to 8 vehicles. We invite you to stop by the open houses this Saturday(05/30) and Sunday(05/30) from 2-4 pm to fully appreciate the potential of this distinctive Framingham property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,729
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
- Fenced
Home Design
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,347 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Combination Dining and Living Room
- Loft
Kitchen
- Range
- Freezer
- Dishwasher
- Upgraded Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 11 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 8 Car Parking Spaces
- Tandem Parking
- Shared Driveway
- 8 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Bulkhead
- Balcony
- Deck
- Patio
- Porch
Location
- Property is near public transit
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Heating System Uses Oil
- 100 Amp Service
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:134 B:74 L:4664 U:000
Community Details
Overview
- 3 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Building Details
- Insurance Expense $2,012
- Water Sewer Expense $2,256
- Operating Expense $4,268
- Net Operating Income $98,003
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,729 | $731,100 | $201,400 | $529,700 |
| 2024 | $10,511 | $843,600 | $179,100 | $664,500 |
| 2023 | $6,401 | $489,000 | $160,000 | $329,000 |
| 2022 | $6,664 | $485,000 | $145,200 | $339,800 |
| 2021 | $6,466 | $460,200 | $139,500 | $320,700 |
| 2020 | $5,331 | $355,900 | $121,500 | $234,400 |
| 2019 | $5,288 | $343,800 | $115,800 | $228,000 |
| 2018 | $5,356 | $328,200 | $107,800 | $220,400 |
| 2017 | $4,625 | $276,800 | $103,800 | $173,000 |
| 2016 | $4,435 | $255,200 | $98,100 | $157,100 |
| 2015 | $4,535 | $254,500 | $98,200 | $156,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/27/2026 05/27/26 | For Sale | $1,100,000 | -- | $329 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73524971
APN: FRAM M:015.0 B:0030 L:0004.0
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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Ask me questions while you tour the home.