4 TrippFramingham, MA 01702

  • Warehouses
  • 17,640 SF
Off market
$7,734,440 Estimated

Property Details for 4 Tripp

Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.77 AC
Property size (Sq ft)
17,640 SF
Zone code
M
Property type
Warehouses
APN
FRAM M:141 B:93 L:8343 U:000
APU
FRAMM141B93L8343U000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,507,330
    6.5%
    $6,006,760
    7%
    $5,577,710
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,687,750
    Geo Method
    $3,687,750
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $3,080,240
    Mixed-Use / Specialty
    $3,069,260
    Hospitality / Lodging
    $2,251,820
    Office
    $3,051,020
    Institutional / Educational
    $3,190,790
    Residential Income
    $3,733,220
    Multifamily
    $4,477,430
    Automotive / Energy
    $2,734,960
    Parking / Income-Based Land
    $943,802
    Restaurant / Food Service
    $1,596,340
    Healthcare / Senior Housing
    $3,147,470

Location Insight

City
Framingham
County
Middlesex
State
Massachusetts
Latitude
42.2697
Longitude
-71.4125
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$24,073
$227,400
$720,000
$947,400
-
-
-
-

FAQs

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