Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Expired

429 Worcester Road, Framingham MA 01701

$739,900

Estimated $8,334,532.99/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $123,316.67

Total Rent: 0/year

Estimated CAP Rate: -13515.34%

18 Bedrooms

12 Full Baths

7,200 SqFt

Total Parking: 12

5,802 SqFt

This is currently a commercial one story property operating as cabinet show room. Nothing needs to be done if buyer would like to pick up this turn-key commercial for business. Regarding condo conversion, seller has consulted with city of Framingham that it has met criteria to be converted to a SIX unit condominium. Please note that the current asking price does not include approved permit. Buyer must do DD and applies for build approval. Seller is however looking into getting 6 unit conversion approval as well. Once approval is obtained, listing price will change. Please have buyer plan accordingly. Seller might consider creative purchase contract with certain contingencies.

This home has been viewed 20 times

Last Checked: May 7th, 2024 at 7:11am (Source: MLS PIN #73084186)

Gross Income: $0

Gross Expenses: $99,999,999

Net Income Calc: $99,999,999

CAP Rate: -13515.34%

Annual Expenses for 429 Worcester Road, Framingham MA 01701

Total Gross Expenses (Calculated)$99,999,999/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$99,999,999

Annual Income & Unit Breakdown for 429 Worcester Road, Framingham MA 01701

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 429 Worcester Road, Framingham MA 01701

Listing ID73084186

Property TypeMulti Family

Price$739,900 ($102.76/SqFt)

Style5+ Family - 5+ Units Up/down

CityFramingham

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total7,200 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking12

Garage Parking

Year Built2023

Year Built SourcePublic Records

Year Renovated

Year Built DetailsTo Be Built

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

Zoning9999999999

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 429 Worcester Road, Framingham MA 01701

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosureapproximately estimated with City of Framingham

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0%%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 429 Worcester Road, Framingham MA 01701

Real Estate Taxes$99,999,999

Tax Year2023

Assessed Value$694,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-13515.34%

Location Information for 429 Worcester Road, Framingham MA 01701

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 429 Worcester Road, Framingham MA 01701

Agent

Name: Henry Li

Office

Name: Thread Real Estate, LLC

Phone: 781-728-9689

Payment Calculator

, Interest

Property Taxes 8333333.25

Principal & Interest 4559.03

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Thread Real Estate, LLC

Henry Li

Agent Phone

Office Phone

(781) 728-9689

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.13 acres (5,802 SqFt)
    [add_date] => 2024-05-07 07:11:12
    [address] => Worcester Road
    [agent] => Array
        (
            [address] => 1727 Libery Street
            [city] => Braintree
            [id] => CT003608
            [name] => Henry Li
            [national_association] => 455021832
            [office] => BB5675
            [state] => MA
            [zip] => 02184
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 7,200 SqFt
    [approx_lot_size_acres] => 0.13 acres
    [approx_lot_size_sqft] => 5,802 SqFt
    [assessed_value] => $694,100
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 12 Full
    [bedrooms] => 18
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Other
        )

[building_management] => Array
        (
        )

[building_debug] => 429 Worcester Road Framingham
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2.0%%
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
        )

[c_type] => Multi Family
    [cap_rate] => -13515.34%
    [city] => Framingham
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Middlesex
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => This is currently a commercial one story property operating as cabinet show room. Nothing needs to be done if buyer would like to pick up this turn-key commercial for business. Regarding condo conversion, seller has consulted with city of Framingham that it has met criteria to be converted to a SIX unit condominium. Please note that the current asking price does not include approved permit. Buyer must do DD and applies for build approval. Seller is however looking into getting 6 unit conversion approval as well. Once approval is obtained, listing price will change. Please have buyer plan accordingly. Seller might consider creative purchase contract with certain contingencies.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
            [0] => 0
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
            [0] => Concrete Perimeter
        )

[frontage_length] => 
    [full_baths] => 12
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $0
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => No
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 342332
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 07:11:12
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 7,200 Sq. Ft.
    [living_area_disclosure] => Array
        (
            [0] => approximately estimated with City of Framingham
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73084186
    [neighborhoods] => Array
        (
        )

[net_income_calc] => -99999999
    [net_operating_income] => Array
        (
            [0] => $0
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 6
    [office] => Array
        (
            [id] => BB5675
            [name] => Thread Real Estate, LLC
            [phone] => 781-728-9689
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 617-538-2333
    [pool_features] => Array
        (
        )

[price] => $739,900
    [price_per_sqft] => 102.76
    [price_per_unit] => 123316.66666667
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => 5+ Family - 5+ Units Up/down
        )

[real_estate_tax] => $99,999,999
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 30
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Expired
        )

[street_number] => 429
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2023
    [team] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 99999999
    [total_gross_income] => 0
    [total_parking] => 12
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 2 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
            [0] => 0
        )

[unit_2_bathrooms] => 2 Full
    [unit_2_bedrooms] => 3
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
            [0] => 0
        )

[unit_3_bathrooms] => 2 Full
    [unit_3_bedrooms] => 3
    [unit_3_floor] => 1
    [unit_3_lease] => Array
        (
            [0] => N
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
            [0] => 0
        )

[unit_4_bathrooms] => 2 Full
    [unit_4_bedrooms] => 3
    [unit_4_floor] => 1
    [unit_4_lease] => Array
        (
            [0] => N
        )

[unit_4_levels] => 1
    [unit_4_rent] => Array
        (
            [0] => 0
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 429 Worcester Road, Framingham MA 01701
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 2023
    [year_built_details] => To Be Built
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01701
    [zoning] => 9999999999
    [zoning_details] => 
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 7537458
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/342332/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:14
                    [modified] => 2024-05-07 07:11:14
                )

[1] => Array
                (
                    [id] => 7538000
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[2] => Array
                (
                    [id] => 7538001
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[3] => Array
                (
                    [id] => 7538002
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[4] => Array
                (
                    [id] => 7538003
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[5] => Array
                (
                    [id] => 7538004
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[6] => Array
                (
                    [id] => 7538005
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[7] => Array
                (
                    [id] => 7538006
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[8] => Array
                (
                    [id] => 7538007
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[9] => Array
                (
                    [id] => 7538008
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[10] => Array
                (
                    [id] => 7538009
                    [name] => MLS11.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=11
                    [index] => 11
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[11] => Array
                (
                    [id] => 7538010
                    [name] => MLS12.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=12
                    [index] => 12
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[12] => Array
                (
                    [id] => 7538011
                    [name] => MLS13.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=13
                    [index] => 13
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[13] => Array
                (
                    [id] => 7538012
                    [name] => MLS14.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=14
                    [index] => 14
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[14] => Array
                (
                    [id] => 7538013
                    [name] => MLS15.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=15
                    [index] => 15
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

[15] => Array
                (
                    [id] => 7538014
                    [name] => MLS16.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73084186&w=1024&h=768&n=16
                    [index] => 16
                    [enabled] => 1
                    [created] => 2024-05-07 07:11:19
                    [modified] => 2024-05-07 07:11:19
                )

)

)

EXIT

Expired

429 Worcester Road, Framingham MA 01701

$739,900

Annual Expenses for 429 Worcester Road, Framingham MA 01701

Annual Income & Unit Breakdown for 429 Worcester Road, Framingham MA 01701

General Information for 429 Worcester Road, Framingham MA 01701

Disclosures for 429 Worcester Road, Framingham MA 01701

Financial Information for 429 Worcester Road, Framingham MA 01701

Location Information for 429 Worcester Road, Framingham MA 01701

Contact Information for 429 Worcester Road, Framingham MA 01701

Agent

Office

Payment Calculator

Exclusive Listing Agent

Thread Real Estate, LLC

Henry Li