971 Waverly St, Framingham MA 01702
Framingham, MA 01702
$950,000
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Sale Statistics
Sale Overview
Original List Price:
$1,190,000
Final Sale Price:
$950,000
Difference:
$240,000 (-20.2%)
Performance Metrics
79.8%
List to Sale Ratio
Sold below asking price
54
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$396
Sale $/sq ft:
$316
This property sold for $316 per square foot
Sale Summary
This property sold for 20.2% below the original asking price.
The property spent 54 days on market before selling.
About this home
Premier Metrowest Investment Opportunity | Framingham. We are proud to present a rare and notable multi-family residence that perfectly marries preserved architectural heritage with modern capital improvements. Spanning over 3,000 square feet of living area, the building sits on a sprawling 13,068 square foot level lot—a significant land asset for the area. The property is comprised of five distinct 1-bedroom, 1-bathroom units and features an expansive parking area accommodating up to 10 vehicles.This asset has been meticulously cared for, with a history of thoughtful renovations culminating in the recent installation of individual high-efficiency gas boilers for every unit. This mechanical upgrade ensures streamlined operations and lower owner carry-costs.Current rents are positioned significantly below market value, offering a substantial "value-add" play for the incoming investor. To provide maximum flexibility for the new owner, the property can be delivered vacant at closing.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
20.2%
Price Range
57
Total Days on Market
Property Timeline
Sold
Sep 2, 2026
$950,000
Property sold
Days on Market: 57
Status: Active under contract
Jun 2, 2026
Active → Active Under Contract
Pending Sale
Jun 1, 2026
Offer accepted, sale pending
Price Reduced
May 30, 2026
$1,110,000
$80,000
(-6.72%)
From $1,190,000 to $1,110,000 (-6.7%)
Property Type Updated
Apr 20, 2026
4 Family → 5+ Family - 5+ Units Up/Down
Listed for Sale
Apr 20, 2026
$1,110,000
Original listing
Agent: John Zhang
Office: Boston Elite Realty Group
Listed for Sale
Apr 20, 2026
$1,190,000
Original listing
Agent: John Zhang
Office: Boston Elite Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/02/2026 | ✓ Sold | $950,000 | - | - | Property sold |
| 06/02/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 06/01/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 05/30/2026 | ↓ Price Reduced | $1,110,000 | $80,000 | - | From $1,190,000 to $1,110,000 (-6.7%) |
| 04/20/2026 | 🔧 Property Type Updated | - | - | - | 4 Family → 5+ Family - 5+ Units Up/Down |
| 04/20/2026 | 🏠 Listed for Sale | $1,110,000 | - | - | Original listing |
| 04/20/2026 | 🏠 Listed for Sale | $1,190,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,996 | $837,200 |
Financial Details
Annual Property Tax
$9,996
Tax Year 2025
Assessed Value
$837,200
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1820
Living Area
3,002 sq ft
Lot Size
0.30 acres
Stories
5
Bedrooms
5
Full Baths
5
Total Rooms
17
Investment Metrics
Units
5
Unit 1 Rent
$1,150/mo · Y
Unit 2 Rent
$1,150/mo · Y
Unit 3 Rent
$1,200/mo
Unit 4 Rent
$1,150/mo
Total Monthly Rent
$4,650/mo
Gross Income
$54,410
Net Operating Income
$32,517
Operating Expenses
$21,896
Water/Sewer Expense
$13,212
Electric Expense
$1,165
Insurance Expense
$3,966
Cap Rate
2.93%
Interior
Heating
Baseboard, Natural Gas
Cooling
None
Flooring
Wood, Hardwood
Appliances
Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator, Freezer
Fireplace
None
Basement
Full
Laundry
None
Features
Laundry Room, Storage, Bathroom With Tub, Open Floorplan, Living Room
Exterior
Construction
Frame, Brick
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
Fenced/enclosed
Patio/Porch
None
Parking
Features
Paved Drive
Total Spaces
10
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$9,996
Assessed Value
$837,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
List Agent Holds Partial Ownership Interest In The Property.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
57 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
Sold
Year Built
1820
Bedrooms
5
Full Bathrooms
5
Living Area
3,002 sq ft
Total Rooms
17
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,002 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Hardwood
Appliances:
Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator, Freezer
Interior Features:
Laundry Room, Storage, Bathroom With Tub, Open Floorplan, Living Room
Windows:
Basement:
Full
Laundry:
Security:
Security System
Construction & Materials
Year Built:
1820
Structure Type:
Exterior Materials:
Frame, Brick
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
5
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Heating Zones:
5
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Fenced/Enclosed
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
10
Parking Features:
Paved Drive
Nearby Schools
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
Elementary Schools
10 schools
St. Bridget Elementary School
1.8 mi
Grades PK-08
Wayside Academy School
2.1 mi
Grades 05-12
Summit Montessori School
2.2 mi
Grades PK-06
The Learning Center for the Deaf School
2.4 mi
Grades PK-12
Reed Academy School
3.7 mi
Grades K-12
MetroWest Jewish Day School
3.7 mi
Grades K-08
Sudbury Valley School
3.7 mi
Grades PK-12
The Brighton School
3.8 mi
Grades PK-06
C
Barbieri Elementary School
0.5 mi
|
#638 of 825
|
Score: 38.9
Improved 143 spots from last year
-19.3 below state avg
653 students
Moderate
Rising School
Grades K-05
C
Miriam F McCarthy School
1.7 mi
|
#585 of 825
|
Score: 41.4
Improved 237 spots from last year
-16.8 below state avg
480 students
Diverse
Rising School
Grades PK-05
Middle Schools
4 schools
C
Fuller Middle School
1.8 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
C+
Christa McAuliffe Charter School
3.3 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
B
Walsh Middle School
3.4 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
4.6 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
High Schools
4 schools
New River Academy
1.5 mi
Grades 07-12
B
Joseph P Keefe Technical High School
0.3 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
Chesterton Academy of the Immaculata
1.4 mi
Grades 09-12
B-
Framingham High School
3.6 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
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Location
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Neighborhood
971 Waverly St, Framingham MA 01702
Framingham, MA 01702
Listing Information
Listing Agent
John Zhang
Listing Office
Boston Elite Realty Group
Office Phone
617-388-1715
Agent MLS ID
CT006020
Office MLS ID
AN2459
Listing Data Updated
Sep 2, 2026 10:01 PM 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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