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Single Family ResidenceResidential
$718,206$374 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

540 WATER ST

FRAMINGHAM, MA 01701
3
Beds
1
Baths
1,921 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.22 ac
Lot SizeThe size of the land the home sits on, from county records.
1922
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$718K
$675K low$761K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,763 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$650,200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$300,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$349,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$598,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$749,930

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Cape Cod
CountyMIDDLESEX
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1966
Lot (acres)The size of the land the home sits on, from county records.1.22
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Hot Water
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Basement
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
HemenwayB+
Elementary · Grades KG–5 · 0.4 mi
M
Walsh Middle SchoolB-
Middle · Grades 6–8 · 0.5 mi
H
Framingham High SchoolC+
High · Grades 9–12 · 1.3 mi

District: Framingham School District

Neighborhood · ZIP 01701These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.65
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.96
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.69

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.35,230
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,009 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$121,597
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$156,184
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

540 Water St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Costs less per square foot than 77% of homes in Framingham 01701
  • Bigger than 68% of homes in Nobscot
  • Has a bigger lot than 90% of homes in Nobscot
  • Older than 98% of homes in Nobscot

What homes are worth in Framingham 01701

Each bar is how many homes fall in that price range. The marker is this home.

This home
$258K$1.2M

This home is worth more than 59% of homes in Framingham 01701.

How it measures up in Framingham 01701

The dot is this home. The mark in the middle is the typical home in Framingham 01701.

Estimated value$718,206
CheaperTypical $677,557Pricier

Pricier than 59% of homes nearby

Price per ft²$374
CheaperTypical $425Pricier

Pricier than 23% of homes nearby

Living area1,921 ft²
SmallerTypical 1,554 ft²Bigger

Bigger than 68% of homes nearby

Lot size1.22 ac
SmallerTypical 0.46 acBigger

Bigger than 90% of homes nearby

Year built1922
OlderTypical 1961Newer

Newer than 4% of homes nearby

How 540 Water St ranks against every home in each area.
MeasureThis homeNobscotFramingham 01701Middlesex County
Estimated valuepricier than$718,20661% of homes59% of homes42% of homes
Price per ft²pricier than$37425% of homes23% of homes26% of homes
Living areabigger than1,921 ft²68% of homes68% of homes53% of homes
Lot sizebigger than1.22 ac90% of homes90% of homes83% of homes
Year builtnewer than19222% of homes4% of homes26% of homes

About 540 Water St

How much is 540 Water St, Framingham, MA worth?

The TopHap Estimate for 540 Water St, Framingham, MA is $718,206 as of Aug 30, 2026. The likely range is $675,158 to $761,254. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 Water St, Framingham, MA last sell?

540 Water St, Framingham, MA last sold on Mar 9, 2017, according to the county's recorded deed.

How big is 540 Water St, Framingham, MA?

540 Water St, Framingham, MA has 3 bedrooms, 1 bathrooms, 1,921 square feet of living space and a 1.22-acre lot.

When was 540 Water St, Framingham, MA built?

540 Water St, Framingham, MA was built in 1922, making it 104 years old. It is a cape cod home. The building has 2 stories.

What schools serve 540 Water St, Framingham, MA?

540 Water St, Framingham, MA is assigned to Hemenway (elementary), rated B+; Walsh Middle School (middle), rated B-; Framingham High School (high), rated C+. All sit in Framingham School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 540 Water St, Framingham, MA compare to other homes in Framingham 01701?

Among the 11,160 homes in Framingham 01701, it is worth more than 59% of them ($718,206 against a typical $677,557), its price per square foot is higher than 23% of them ($374 against a typical $425), it is bigger than 68% of them (1,921 ft² against a typical 1,554 ft²), its lot is bigger than 90% of them (1.22 ac against a typical 0.46 ac) and it is newer than 4% of them (1922 against a typical 1961). Measured against all of Middlesex County, it is worth more than 42% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 540 Water St, Framingham, MA?

The 2025 property tax bill for 540 Water St, Framingham, MA was $7,763. The county assessed it at $650,200.

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