861 Edgell Road, Framingham MA 01701

Framingham, MA 01701
$4,300,000
$3,199,000
Est. $22,027/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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16,535
Sq Ft
$193
Price/Sq Ft
1.04
Acres
1974
Year Built
360
Days on Market
For Sale Price Drop -$1,101,000 Listed Sep 18, 2025 • MLS# 73432903 Copied! • Updated Jun 29, 2026

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About this home

The Prosperity Group is pleased to present the exclusive opportunity to acquire 861 Edgell Road, a 16,535 square foot commercial building on 1.04 acres in Framingham, Massachusetts. The property offers a versatile mix of retail and office space, ample on-site parking, and excellent visibility along a well-traveled corridor. With flexible layouts that accommodate a range of tenants or owner-user possibilities, the building provides both income potential and long-term stability. Strategically located in the heart of MetroWest, the Property benefits from convenient access to Route 9, I-90 (Mass Pike), and I-495. Framingham is a thriving community and regional hub for employment, education, and retail, drawing consistent demand from businesses and consumers alike. This offering presents investors and owner-occupants a rare opportunity to secure a well-positioned, multi-use asset with scale, parking, and strong visibility in one of the most accessible and desirable submarkets West of Boston

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Recently Sold Nearby

Property History

Market Insights

5
Price Changes
100%
Price Range
1
Previous Sales

Property Timeline

Price Reduced
Jun 25, 2026
$3,199,000 $400,000 (-11.11%)
From $3,599,000 to $3,199,000 (-11.1%)
Price Reduced
May 23, 2026
$3,599,000 $100,000 (-2.7%)
From $3,699,000 to $3,599,000 (-2.7%)
Price Reduced
Mar 11, 2026
$3,699,000 $300,000 (-7.5%)
From $3,999,000 to $3,699,000 (-7.5%)
Price Reduced
Jan 9, 2026
$3,999,000 $100,000 (-2.44%)
From $4,099,000 to $3,999,000 (-2.4%)
Previous Transaction - MLS #73445946
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 9, 2026
$1,170
MLS #73445946
Price Reduced
Dec 16, 2025
$4,099,000 $201,000 (-4.67%)
From $4,300,000 to $4,099,000 (-4.7%)
🏠
Listed for Sale
Sep 18, 2025
$4,300,000
Original listing
Office: eXp Realty

Tax History

Year Taxes Assessment
2025 $67,814

Financial Details

Annual Property Tax
$67,814
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1974
Living Area 16,535 sq ft
Lot Size 1.04 acres
Gross Income $411,615
Net Operating Income $309,604
Operating Expenses $102,011
Cap Rate 9.68%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available

Financial

Annual Tax $67,814
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

Listing Type
For Sale
Year Built
1974
Living Area
16,535 sq ft

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1974
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Framingham School District local
C
School Safety 2024-25
3.5% Above Average
3.0% Suspensions 2.1% In-School 0.5% Emergency
2.0% below state avg
E

Elementary Schools

10 schools
MetroWest Jewish Day School
0.6 mi
Grades K-08
The Brighton School
1.0 mi
Grades PK-06
The Learning Center for the Deaf School
1.5 mi
Grades PK-12
Sudbury Valley School
1.5 mi
Grades PK-12
Reed Academy School
1.5 mi
Grades K-12
Summit Montessori School
1.7 mi
Grades PK-06
St. Bridget Elementary School
2.0 mi
Grades PK-08
Wayside Academy School
2.2 mi
Grades 05-12
A-
Hemenway School
0.3 mi | #244 of 825 | Score: 52.5
Improved 355 spots from last year
-5.8 below state avg
541 students Diverse
Rising School Diverse Student Body
Grades K-05
C+
Charlotte A Dunning School
0.5 mi | #518 of 825 | Score: 44.2
Improved 97 spots from last year
-14 below state avg
429 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

4 schools
B
Walsh Middle School
0.5 mi | #173 of 352 | Score: 42.6
Improved 75 spots from last year
-15.6 below state avg
726 students Diverse
Rising School Diverse Student Body
Grades 06-08
C-
Cameron Middle School
1.9 mi | #306 of 352 | Score: 31.2
Improved 15 spots from last year
-27 below state avg
550 students Diverse
Diverse Student Body
Grades 06-08
C+
Christa McAuliffe Charter School
2.5 mi | #222 of 352 | Score: 39.1
Dropped 9 spots from last year
-19.1 below state avg
315 students Diverse
Diverse Student Body
Grades 06-08
C
Fuller Middle School
2.5 mi | #282 of 352 | Score: 33.5
Improved 18 spots from last year
-24.7 below state avg
495 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

4 schools
New River Academy
2.9 mi
Grades 07-12
B-
Framingham High School
1.7 mi | #185 of 346 | Score: 53.3
Improved 103 spots from last year
-4.9 below state avg
2,271 students Diverse
21 sports • 2,234 athletes
Strong AP Program Early College Program Rising School Strong Athletics
Grades 09-12
Chesterton Academy of the Immaculata
3.4 mi
Grades 09-12
B
Joseph P Keefe Technical High School
3.5 mi | #170 of 346 | Score: 54.1
Dropped 13 spots from last year
-4.1 below state avg
907 students Diverse
14 sports • 934 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
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Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $5,651
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

861 Edgell Road, Framingham MA 01701

Framingham, MA 01701

Listing Information

Listing Agent The Prosperity Group
Listing Office eXp Realty LLC - Corporate Office
Office Phone 888-854-7493
Agent MLS ID TM350594
Office MLS ID AC0342
Listing Data Updated Jun 29, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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