Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

...MORE

This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

7 Thompson Rd Foxboro, MA 02035

4 Beds 4 Baths 3,881 sqft Built 2000
Last updated:  May 30, 2018

INVESTimate

$708,989

$671K - $747K

Price Est.

$4,192

$3.8K - $4.6K

Rent Est.

$751,174  ( +5.95%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 6036 BEACHVIEW LANE Fort Worth, TX
    • 4 beds 3 baths ∙ 2,410 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,410 Sqft ∙ Built 2006
    AVAILABLE
    • 13.60% GROSS YIELD
    • $8,201 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $156,200
    • $52,893
    • $1,770
  • 20 VIA MANTOVA #210 Henderson, NV
    • 2 beds 1 baths ∙ 1,503 Sqft ∙ Built 2006 2 beds 1 baths ∙ 1,503 Sqft ∙ Built 2006
    AVAILABLE
    • 13.23% GROSS YIELD
    • $9,808 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $71,125
    • $2,480
  • 13818 DURWOOD San Antonio, TX
    • 3 beds 2 baths ∙ 1,220 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,220 Sqft ∙ Built 1981
    AVAILABLE
    • 13.21% GROSS YIELD
    • $5,900 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $99,900
    • $37,974
    • $1,100
  • 7931 MISTY FOREST San Antonio, TX
    • 4 beds 2 baths ∙ 2,278 Sqft ∙ Built 1981 4 beds 2 baths ∙ 2,278 Sqft ∙ Built 1981
    AVAILABLE
    • 12.99% GROSS YIELD
    • $7,472 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $134,000
    • $47,010
    • $1,450

7 Thompson Rd PROPERTY INFO

FACTS
  • Built In 2000
  • Price/Sqft : $182.68
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,881 sqft
  • Baths : 3 Full 1 Half

7 Thompson Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FOXBOROUGH HIGH SCHOOL High Regular 844 66 7

FOXBOROUGH HIGH SCHOOL

  • Education Level: High
  • # of students: 844
  • # of teachers: 66
7
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Foxborough

  • 17,398

    POPULATION
  • 6,455

    HOUSEHOLDS
  • 77.1%

    WHITE COLLAR

Neighborhood : Foxborough

HOUSEHOLDS
6,455
POPULATION

17,398

33.3%Renters
66.7%Home Owners
LABOR FORCE

 

77.1%White Collar
22.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $4,192 per month.

MY RENT : $4,192 MEDIAN RENT : $2,549

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $4,192 would therefore be considered affordable for annual household incomes greater than $167,680 (12 months x 3.333 x $4,192).

Rent % Affordability
Above $500 91.5%
Above $700 88.2%
Above $1,100 77.0%
Above $1,500 66.3%
Above $1,900 57.7%
HOUSEHOLD INCOME RANGE

Approximately 959 of households in this neighborhood have a total annual income of $167,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,192 per month.

MINIMUM INCOME RANGE : $167,680

Income % Distribution
<$20K 8.5%
$20K-$35K 7.9%
$35K-$60K 17.3%
$60K-$100K 21.2%
>=$100K 45.1%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 10.2%
10-14 mins 9.7%
15-19 mins 11.3%
20-29 mins 14.2%
30-44 mins 24.9%
45-59 mins 12.7%
>60 mins 14.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $4,192 per month.

MY RENT : $4,192 MEDIAN RENT : $2,549

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $4,192 would therefore be considered affordable for annual household incomes greater than $167,680 (12 months x 3.333 x $4,192).

Rent % Affordability
Above $500 91.5%
Above $700 88.2%
Above $1,100 77.0%
Above $1,500 66.3%
Above $1,900 57.7%
HOUSEHOLD INCOME RANGE

Approximately 959 of households in this neighborhood have a total annual income of $167,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,192 per month.

MINIMUM INCOME RANGE : $167,680

Income % Distribution
<$20K 8.5%
$20K-$35K 7.9%
$35K-$60K 17.3%
$60K-$100K 21.2%
>=$100K 45.1%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 10.2%
10-14 mins 9.7%
15-19 mins 11.3%
20-29 mins 14.2%
30-44 mins 24.9%
45-59 mins 12.7%
>60 mins 14.8%

Foxborough Demographics

INDUSTRY

Industry % Distribution
Educational Services 8.2%
Financial Industries 7.5%
Health Care & Social Assistance 15.2%
Manufacturing 8.5%
Professional & Scientific Tech Services 12.9%
Retail & Wholesale Trader 13.9%
Other 33.8%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 29% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 18.9%
15-19 4.8%
20-24 5.6%
25-44 23.8%
45-65 31.5%
66+ 15.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.1%
Construction 6.5%
Healthcare 6.5%
Management, Business, & Financial 30.0%
Natural Resources Maintenance 7.7%
Sales & Office 22.8%
Other 19.4%
HIGHEST EDUCATION LEVEL

24% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.1%
High School 19.8%
Masters Degree 11.8%
Some College 18.2%
Some High School 5.1%
Other 36.0%

7 Thompson Rd Comps

Sorry, we do not have sufficient data available.

7 Thompson Rd, Foxboro, MA 02035 is a single family home of 3,881 sqft. HomeUnion INVESTimate® for 7 Thompson Rd includes a Price Estimate of $708,989 and a Rent Estimate of $4,192. This single family home has 4 bedrooms,4 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 7.10% and Total Return of 20.47%. The estimated 1 year forecast in home value for 7 Thompson Rd is 5.95%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MA, NORFOLK County, or the 02035 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2