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Middlesex 01760
1 Palmer Ave
$381,000
● House - Off Market

1 Palmer Ave

Natick, MA 01760
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,232 Ft²
$650,606
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

Great condo alternative!  Sweet cape with front-to-back living room, corner eat-in kitchen, corner dining room with built-in china cabinet and access to side screened porch.  Two front-to-back bedrooms and bath upstairs, family room in lower level.  Two fireplaces, hardwood floors, high ceilings, 8-over-8 windows, and great detail.  Detached garage.  Location, location, location - fabulous side street location near shops, library, commuter rail, and Natick Center.  House is occupied by tenant and being sold "as is."  No public open houses.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$304
Property Type
House
Property Taxes
$364
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #71801776)

Price History

Date / Event Date Event Price
Jul 9, 2015 Sold
Premium
Sold
Mar 16, 2015 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $375,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
Jan 2, 2002 Sold
Premium
Sold
Nov 2, 2001 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $279,900
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
CHARMING 2 BEDROOM CAPE HAS WONDERFUL DETAIL, HIGH CEILINGS, HARDWOOD FLOORS, 2 FIREPLACES, ARCHWAYS, NICE MOLDINGS, CHINA CABINET & LVLY 8 OVER 8 WNDWS. THIS PROPERTY IS IN A CONVENIENT LOCATION, CLOSE TO TOWN & TRANSPORTATION.
Jun 30, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 704
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,876
  • Total Building Area: 1,770
  • Gross Building Area: 1,770
  • Building Area: 1,770
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,770
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • 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: 382500

Zoning

  • Zoning: RG

Geography

  • Account Number: 43-00000253
  • Parcel: NATI M:00000043 P:00000253
  • Municipality: NATICK
  • Latitude: 42.2827
  • Longitude: -71.3504

    Address

  • Full Address: 1 Palmer Ave
  • Address - House Number: 1
  • Address - Street Name: Palmer
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Natick
  • Carrier Code: C040
  • 4-Digit Zip Code: 4412
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $967,400

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 887,409
  • High Value: 1,042,589
  • Low Value: 732,229

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $789,100
  • Assessed Land Value: $381,200
  • Assessed Improvements Value: $407,900

    Sales

  • Current Sale Recording Date: Jul 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 110175
  • Previous Sale Recording Date: Mar 06, 2013
  • Previous Sale Document Type: 27
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2676 ft²

Average Home Age

65.4 years

Currently For Sale

3300 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71801776

Frequently Asked Questions

When was property at 1 Palmer Avenue built and last sold?
The property at 1 Palmer Avenue was built in 1950 and last sold on Jan 1, 1970 for $381,000.
How much is this home worth?
The estimated value of the home located at 1 Palmer Avenue is $389,748.
What are some comparable homes to 1 Palmer Avenue?
There are currently no comparable homes to 1 Palmer Avenue.
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