62-66 Cedar St, Framingham, MA, 01702
About This Home
Discover an exceptional investment opportunity at 62-66 Cedar St, with over 8.5% cap rate. Whether you are a seasoned investor or looking to house hacking into your first real estate investment, this is an opportunity you will not want to miss out on. This expansive multi-family property offers a substantial 3347 square feet of living space with recent renovations; located a few blocks from downtown and the commuter rail, this home presents a perfect blend of convenience and comfort, and easy to rent. Set on a generous 6970 square foot lot, this property offers considerable outdoor space for various uses including but not limited to off street parking for up to 8 vehicles. We invite you to stop by the open houses this Saturday(05/30) and Sunday(05/30) from 2-4 pm to fully appreciate the potential of this distinctive Framingham property.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Block,Stone
- Roof: Shingle
Type & Style
- Home type: MultiFamily
- Property subType: 3 Family
Interior
Appliances
- Appliances included: Range,Dishwasher,Refrigerator,Freezer,Washer,Dryer
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access,Bulkhead,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 11
- Bathrooms: 4
- Full bathrooms: 4
Features
- Pantry,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Bathroom With Tub,Bathroom With Tub & Shower,Open Floorplan,Remodeled,Living Room,Kitchen,Living RM/Dining RM Combo,Loft,Dining Room,Laundry Room
- Flooring: Wood,Laminate,Hardwood
- Finished area above ground: 3,347
Heating & Cooling
- Heating features: Oil,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 3,347
- Total interior livable area: 3,347 sqft
Property
Details
- Parcel number: M:134 B:74 L:4664 U:000
- Zoning: G
Features
- Patio & porch: Porch,Deck,Deck - Roof,Deck - Wood,Patio
- Exterior features: Balcony/Deck,Balcony
- Fencing: Fenced
Lot
- Lot size: 6,970 sqft
Parking
- Total spaces: 8
- Parking features: Paved Drive,Shared Driveway,Off Street,Tandem
- Has uncovered spaces: Yes
- Uncovered spaces: 8
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,562 | $66,744 |
| Home Insurance * | $353 | $4,236 |
| Property Taxes | $925 | $11,100 |
| Electricity | $660 | $7,920 |
| Total | $7,500 | $90,000 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-27 | Listed for sale | $1,100,000 |
| 2022-06-03 | Listing removed | -- |
| 2021-06-25 | Listing removed | $725,000 |
| 2021-03-17 | Pending sale | $725,000 |
| 2021-03-03 | Contingent | $725,000 |
| 2021-02-24 | Listed for sale | $725,000 |
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