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Property profile & analytics
OFF-MARKET Estimated value $17,265,000
Residential income homes

518 Pleasant St Framingham, MA 01701-2841

63,174 SF 8.64 ac lot Built 2018
Entity Owned 1-yr Hold Free & Clear
Property ID
US38-1367888
Property profile
Verified
Property type Residential income homes
Use group BOARDING/ROOMING HOUSE
Year built 2018
Construction FRAME
Total area 63,174 SF
Lot 8.64 ac (376,358 SF)
Zoning code R-3
APN FRAM M:088 B:75 L:8453 U:000
UPID US38-1367888
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Branches of Framingham Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$19.34M
Comparable Approach Comparable
$18.11M
Blend (final) Blend
$17.27M
Owner & transaction history
Vtr Bsl Farmingham LLC · 1 yrs held
Vtr Bsl Farmingham LLC
since 2025
Last sale
$17.0M
5 recorded transactions
2025
$17.0M
2024
Price N/A
2018
$2.1M
2016
Price N/A
2015
$4.1M
Zoning & alternative use
R-3 · Framingham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Located in a R-3 or R-4 Single-Family Residential Zoning District; (b) Consistent with the definition of an active farm; and (c) Not have been subdivided into smaller parcels, including approval not required (ANR), within a five-year period prior to submission of an application for § 435-40 herein. (2) Development requirements. The development of the active…

Zone name Single Family Residence 20000 Square Feet Lots
General category RESIDENTIAL
Zone area 3,598.08 ac
Top alternative use upside
Restaurant $18.3M +26.0%
Auto repair, garage $17.8M +22.2%
Neighborhood: shopping center $17.5M +20.3%
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