Active Under Contract
15 Days on market
38 Fay Rd Framingham — Photo 1 of 30

38 Fay Rd Framingham — Photo 1 of 30

$499,500

38 Fay Rd, Framingham, MA 01702

Framingham, MA 01702

Beds

4

Baths

3

SqFt

1,764

Style

Single Family

Built

1945

*** FRAMINGHAM OPPORTUNITY. This 4-bedroom, 3-bathroom home with lovely curb appeal and a spacious, fully fenced-in backyard, offers comfortable living space in the heart of Framingham. It is convenient to some of Framingham's most coveted treasures -- it's right over the bridge from Keefe Tech High (0.2 mile), around the corner from La Cantina, two blocks from Roosevelt Park, and less than a half-mile from Cushing Park, Farm Pond and Loring Arena. Built in 1945, and inhabited by the same owners since 2000, this cape has undergone many improvements and updates through the years, including fresh vinyl siding, exterior doors, garage door, first floor and basement windows, all replaced in 2001; second floor windows and insulation 2012; roof (2013); second floor room renovations (2022); updated 200 amps electrical (2001); water heater (2023); boiler (2024). Please see MLS attachment for complete list of upgrades. The property's first floor reflects the 1945 build date, and will likely require interior updating from the home's next buyer. First floor bathroom and kitchen are functional, and are ready for renovation. Whether you are a buyer looking for a great value in Framingham and willing to lend some sweat equity and DIY value building, or an investor searching for your next project, 38 Fay Road is packed with potential. Conveniently located close to Routes 135, 30, and 9, and the Mass Pike. Whole Foods, Trader Joe's, and Jack's Abby are nearby, as well as ample mall shopping, and hiking trails at Callahan State Park and Cochituate Rail Trail. 38 Fay Road is being sold AS IS, WHERE IS. Buyers to perform their own due diligence.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$283/sqft
Local Avg (Framingham)$333/sqft
15% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Framingham, MA.

Property Details

Financials

Original Price$499,500
Annual Taxes$6,160

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms7
Fireplaces1
FlooringWood, Tile, Vinyl
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete

Climate & Utilities

HeatingHot Water, Steam, Natural Gas, Electric
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningG

Property & Lot

Acres0.23
SqFt Lot10,019
Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 1
First
KitchenBedroom 3Bedroom 4Bathroom 2
Basement
Bathroom 3
Main,First
Living Room
Living Room
Lvl Main,First

14.75 x 16.166666666

Flooring - Hardwood, Window(s) - Bay/Bow/Box

Kitchen
Lvl First

11.333333333 x 10.75

Flooring - Laminate

Master Bedroom
Lvl Second

16.75 x 15.666666666

Bathroom - Full, Walk-In Closet(s), Flooring - Vinyl, Lighting - Overhead

Bedroom 2
Lvl Second

12.333333333 x 22.583333333

Bedroom 3
Lvl First

10.833333333 x 10.833333333

Closet, Flooring - Hardwood

Bedroom 4
Lvl First

8.833333333 x 10.75

Closet, Flooring - Hardwood

Bathroom 1
Lvl Second

10.75 x 6.583333333

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Soaking Tub

Bathroom 2
Lvl First

5.083333333 x 7.25

Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Basement

5.416666666 x 7.25

Bathroom - With Shower Stall, Flooring - Vinyl

Population

39,789

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$82K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

65.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 882 sq ft (the lesser of 900 sq ft or half the 1,764 sq ft principal dwelling). Lot size: 10,019 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Amy Karibian

Listing Office: Keller Williams Realty

MLS® Number: 73567915

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