
318 Bishop Street #318 Framingham — Photo 1 of 31
$825,000
Investment Analysis — 318 Bishop Street #318
Framingham, MA 01702
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01702 carries an estimated $3,180/mo in gross rent — about a 2.35% cap rate and $19,349/yr in estimated NOI at the $825,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,091
Style
Condominium
Built
2023
Built in 2023 and offering nearly 2,100 SF of thoughtfully designed living space, this like-new 3-bedroom, 2.5-bath townhome combines modern construction, flexible space and a convenient location near Downtown Framingham. Enjoy easy access to restaurants, shops and the commuter rail, with Natick Mall and extensive shopping and dining just minutes away.The bright, open-concept main level features high ceilings, abundant natural light and a seamless flow between the kitchen, dining and living areas—ideal for everyday living and entertaining. Flexible bonus spaces on both floors provide options for a home office, den, guest space or playroom, allowing the home to live more like a 4-bedroom.Upstairs, the spacious primary suite features a walk-in closet and large spa-like bath. Two additional bedrooms, another full bath and a dedicated second-floor laundry room complete the level.The unfinished basement offers even more potential, with high ceilings and an egress window providing the opportunity to add approximately 750 SF of additional living space.Like-new, spacious and move-in ready, this is an opportunity to enjoy newer construction with the lifestyle and convenience of being close to Downtown Framingham—commuter rail, restaurants and shops nearby, plus easy access to Natick Mall and the Route 9 shopping and dining corridor.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12 x 15
Flooring - Wood, Open Floorplan, Recessed Lighting
Dining Room
Lvl First12 x 18
Flooring - Wood, Exterior Access, Open Floorplan
Kitchen
Lvl First12 x 14
Flooring - Wood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Gas Stove, Lighting - Pendant
Office
Lvl Second12 x 10
Flooring - Wall to Wall Carpet
Primary Bedroom
Lvl Second15 x 15
Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second11 x 12
Bedroom 3
Lvl Third11 x 12
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl Second8 x 13
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity
Bathroom 2
Lvl Second8 x 8
Bathroom - Full, Bathroom - With Tub & Shower, Double Vanity
Bathroom 3
Lvl First5 x 6
Bathroom - Half, Flooring - Stone/Ceramic Tile
Listing Agent: Doug Mcneilly
Listing Office: Coldwell Banker Realty - Sudbury
MLS® Number: 73578414

