$506,161 EMV

6 Beds   2 Baths   2,272 Sq. Ft.
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Hayes St
Framingham, MA 01702

Overview

This Preforeclosure is located at Hayes St, Framingham, MA 01702. It has 6 Beds 2 Baths , 2,272 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $506,161.
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Status: Active
Listing ID: 63619188
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Learn about Hayes St in Framingham, MA

This property is available as a preforeclosure at Hayes St. This property features 6 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 2,272 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Framingham, specifically for Hayes St and comparable listings. Based on this expert analysis, the estimated market value is $506,161. If purchased for rental purposes, the monthly rental rate could range between $1,980 and $2,420, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Hayes St are updated daily along with others in Framingham, Massachusetts, ensuring you have the most current and accurate information. Since this property is a preforeclosure, be sure to check out our Foreclosure Timeline for Hayes St below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

Hayes St in Framingham Massachusetts Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Hayes St
View Preforeclosure Status
07/10/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of Framingham, MA like?

Framingham, located in the MetroWest region of Massachusetts, is known for its vibrant community and a rich blend of suburban charm and urban convenience. Residents enjoy a variety of shopping options at the Shoppers World and the Natick Mall, as well as numerous dining establishments that cater to various tastes. The town is home to multiple parks and recreational spaces, offering residents plenty of outdoor activities including hiking, biking, and picnicking.

Education and access to quality schools play a significant role in Framingham's appeal. The Framingham Public Schools are well-regarded, providing education from elementary to high school levels. Additionally, Framingham State University adds to the educational landscape, offering higher education opportunities within the community.

Transportation is a strong suit in Framingham, with convenient access to major highways and public transit options. The MBTA commuter rail station connects residents to Boston and other nearby cities, making it an ideal location for those who commute for work or leisure.

Nearby Schools

There are 4 schools in the area. Nearby schools include Framingham High School and Framingham Middle School.

Framingham High School
Framingham Middle School
Wilson Elementary School
Fay School

Nearby Attractions

There are plenty of activities near this property like Framingham Public Library, Framingham Community Center, and more.

Framingham Public Library
Framingham Community Center
MetroWest Medical Center

What kind of public transportation is there?


Public transportation options include: MBTA Commuter Rail - Framingham Station, MetroWest regional transit services with bus routes. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Cochituate State Park, Callahan State Park and more.

Cochituate State Park
Callahan State Park
Garden in the Woods
Framingham Town Forest

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

Comcast Xfinity
Verizon Fios
RCN
Rental Chart
View Rental and Market Value
for Hayes St in Framingham Massachusetts
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Property Information

Public Records

Preforeclosure

The property located at Hayes St in Framingham, MA is listed as a Preforeclosure

This listing located at Hayes St in Framingham, MA could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Framingham, Massachusetts is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Framingham, MA, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Framingham, Massachusetts doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

This is an important legal concept to understand before moving forward

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Loan Information

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Hayes St located in Framingham, MA is $2,200/month. Comparable homes around Hayes St that are rentals have monthly ranges starting as low as $1,980 per month and as high as $2,420 per month. An owner looking to use this property as an investment could bring a return in the area of $1,980 - $2,420 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
07/10/25   Preforeclosure
05/20/25   Preforeclosure PNC BANK
05/15/25   Preforeclosure Pnc Bank NA
06/29/16 07/21/16 Preforeclosure NATIONAL CITY MORTGAGE

Similar Homes Nearby Framingham, MA


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Hayes St
Framingham, MA 01702

6 Beds   2 Baths   2,272 sq. ft.

$506,161 EMV

Status: Active Listing ID: 63619188

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Hayes-St-Framingham-MA-01702/63619188_lid

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