Single Family Residence at 38 Fay Rd, Framingham MA 01702, Framingham
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$499,500

38 Fay Rd, Framingham MA 01702
Framingham, MA 01702
Listed by Amy Karibian
Bedrooms
4
Bathrooms
3
Living area
1,764 sqft
Year built
1945

About this home

***OPEN HOUSE*** 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.

Highlights

Fireplace

Property details

MLS #
73567915
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
44
On market date
August 25, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
1
Parking spaces
5
Lot size
0.23 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Barbieri Elementary
0.48 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
668
Student:teacher ratio
13.1:1
District
Framingham
Middle
Fuller Middle
1.74 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
632
Student:teacher ratio
11.3:1
District
Framingham
High
Joseph P Keefe Technical High School
0.21 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
850
Student:teacher ratio
9.8:1
District
South Middlesex Regional Vocational Technical

Walkability

Blended score for Framingham's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

67
Walkable
out of 100
EPA National Walkability Index
10.3 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores14
Parks12
Schools10
Transit stops6
Pharmacies0

Market position

How this listing compares to current activity in Framingham, from live MLS data.

On the market 44 days -- 52 fewer days than Framingham's current average of 96 days.
For reference, the median list price across 414 active listings in Framingham right now is $447,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,158/mo
$99,900 down
$399,600 loan
Principal & interest$2,592
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 30, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.