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Middlesex 01760
1 Hill St
$589,900
● House - Off Market

1 Hill St

Natick, MA 01760
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,088 Ft²
$592,695
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Opportunity Knocks! Attention all first time home buyers, builders and or renovators. This meticulously maintained 3 bedroom, 1 bathroom Bungalow in the Brown/Kennedy school area has a yard large enough for a whiffle ball game!  You enter the home to a charming sun room with lovingly cared for wood paneling. The living area consists of a front living room that leads to a dining room and galley kitchen combination. This condo alternative has three good sized bedrooms. The full bath is tiled and in great shape. Features include: full unfinished basement, usable 1/3 acre w/level yard, detached 1 car garage, replacement windows, town sewer/water. Updates include: Roof 2005, Hot Water Heater 2015, and Boiler 2004. Close to Routes 9, 126 and Mass Pike. 1.6 miles to Framingham commuter rail to Boston. This is a "Must See"!
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$542
Property Type
House
Property Taxes
$547
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73104063)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
May 2, 2023 In contract -
In contract
Apr 27, 2023 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $589,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,159
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,758
  • Total Building Area: 1,088
  • Gross Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000339
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Natick School District
  • School Tax School District: NATICK SD
  • Census Tract: 382602

Zoning

  • Zoning: RSA

Geography

  • Account Number: 31-00000173
  • Parcel: NATI M:00000031 P:00000173
  • Municipality: NATICK
  • Latitude: 42.2912
  • Longitude: -71.4003

    Address

  • Full Address: 1 Hill St
  • Address - House Number: 1
  • Address - Street Name: Hill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Natick
  • Carrier Code: C024
  • 4-Digit Zip Code: 3003
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $653,100

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 612,744
  • High Value: 722,134
  • Low Value: 503,354

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $532,700
  • Assessed Land Value: $394,200
  • Assessed Improvements Value: $138,500

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57293
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Middlesex

Stats & Trends

Median Asking:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 143-145 Mill St, MA, 01760

$1,964 /mo

  • 1 Bed
  • 1 Bath
143-145 Mill St, MA, 01760 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73104063

Frequently Asked Questions

When was property at 1 Hill Street built and last sold?
The property at 1 Hill Street was built in 1930 and last sold on May 31, 2023 for $589,900.
How much is this home worth?
The estimated value of the home located at 1 Hill Street is $591,446.
What are some comparable homes to 1 Hill Street?
There are currently no comparable homes to 1 Hill Street.
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